2051 Margaret St, Philadelphia, PA 19124
Local realty services provided by:Pagoda Realty ERA Powered
2051 Margaret St,Philadelphia, PA 19124
$350,000
- 2 Beds
- - Baths
- 1,104 sq. ft.
- Multi-family
- Active
Listed by: deneen sweeney, casey l daneker
Office: keller williams real estate - west chester
MLS#:PAPH2646330
Source:BRIGHTMLS
Price summary
- Price:$350,000
- Price per sq. ft.:$317.03
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 I-95, this property provides quick access to Center City Philadelphia, Philadelphia International Airport, and New Jersey. Public transportation is available right at the corner, making the location especially attractive to tenants.
The portfolio is being sold as-is, and the seller will make no repairs.
Whether you’re an experienced investor or looking to grow your rental portfolio, this income-producing package offers immediate cash flow, approximately a 9% cap rate, and long-term upside through the included vacant lot. Don’t miss this rare opportunity to own a versatile investment package on Margaret Street....
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Home facts
- Year built:1935
- Listing ID #:PAPH2646330
- Added:100 day(s) ago
- Updated:October 18, 2026 at 01:53 PM
Rooms and interior
- Bedrooms:2
- Living area:1,104 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Year built:1935
- Building area:1,104 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.:$317.03
- Tax amount:$1,851 (2025)
Parking
- Parking description:On Street
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