109-15 Carpenter Lane Philadelphia, PA 19119
Renovated multifamily property with rental upside in West Mount Airy.
Type:Multi-Family / Fee Simple
Property size:
6,428 SFLot size:
0.46 Acres- Added:
- Sep 13, 2025
- Days on Market:
- 215
- Last Refresh:
- Mar 13 at 2:18 pm
Property Features for 109-15 Carpenter Lane
General Information
- Standard status
- Active
- Size
- 6,428 SF
- Lot size
- 0.46 Acres
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1980
Listing agent Ryan J McManus License #RS316262 (610) 606-1095
Listing office Keller Williams Liberty Place (610) 606-1095
Listing date Sep 13, 2025
Source Compass
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Overview
Turnkey Multifamily Property in Philadelphia
Located in the West Mount Airy neighborhood of Philadelphia, 109 Carpenter Lane is a turnkey multifamily property. The building, originally constructed in 1929 and fully renovated in 2015, contains eight units rented below market value. The property is situated on a 20,000 square foot parcel. The apartments feature hardwood floors, shaker cabinetry, stainless steel appliances, recessed lighting, and high ceilings. The unit mix includes studio, one-bedroom, and two-bedroom apartments. The property includes a private parking area for residents. Architectural details include stained-glass windows and early-century masonry. Contemporary kitchens and bathrooms are built to modern standards. Thermal comfort is ensured year-round by central air and mini splits. The property has a 10-year tax abatement through 2027. The property offers rental upside via parking income, storage income, and utility rubs. The property is located in a transit-oriented, amenity-rich neighborhood known for its local parks and laid-back lifestyle. The property size is 6,428 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.18933
- Latitude
- 40.05282
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Renovated multifamily property with rental upside in West Mount Airy.
Where is this apartment building located?
The property is located at 109-15 Carpenter Lane Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Turnkey, cash‑flowing multifamily property with 8 units rented below market, offering immediate rental upside.; Located in the desirable West Mount Airy neighborhood of Philadelphia, a Top‑10 USA MSA.; Includes a 10‑year tax abatement through 2027.
