2049 Margaret St, Philadelphia, PA 19124

Philadelphia
Local realty services provided by:ERA Martin Associates
2049 Margaret St,Philadelphia, PA 19124
$350,000
  • 3 Beds
  • - Baths
  • 1,200 sq. ft.
  • Multi-family
  • Active
Listed by: deneen sweeney, casey l daneker
Office: keller williams real estate - west chester
MLS#:PAPH2646300
Source:BRIGHTMLS

Price summary

  • Price:$350,000
  • Price per sq. ft.:$291.67

About this home

Landlord Special! Fully Occupied 5-Unit Portfolio + Vacant Lot — Approx. 9% Cap Rate. Exceptional investment opportunity on Margaret Street in Philadelphia! This unique offering includes three RM-1 parcels being sold together (Parcel IDs: 885305060, 232163500, and 232163600), creating an outstanding opportunity for investors looking to expand their portfolio with immediate cash flow and future development potential. Property certifications are available in the document section. 2049 and 2051 Margaret Street feature five fully occupied 1-bedroom, 1-bathroom rental units, each currently leased for $675 per month, generating $3,375 in monthly rental income ($40,500 annually). A new roof has recently been installed, adding value and reducing near-term capital expenses. 2047 Margaret Street is a vacant lot offering endless possibilities for future development, expansion, additional parking, or outdoor space to enhance the existing investment. Conveniently located just minutes from...

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Home facts

  • Year built:1935
  • Listing ID #:PAPH2646300
  • Added:6 day(s) ago
  • Updated:July 16, 2026 at 01:38 PM

Rooms and interior

  • Bedrooms:3
  • Living area:1,200 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1935
  • Building area:1,200 sq. ft.
  • Lot area:0.02 Acres
  • Construction Materials:Frame
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$350,000
  • Price per sq. ft.:$291.67
  • Tax amount:$1,893 (2025)

Parking

  • Parking description:On Street

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