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MLS: #PAPH2646330, Listed By: Deneen Sweeney, Keller Williams Real Estate - West Chester, Source:Bright MLS

2051 Margaret Street

PHILADELPHIA, PA 19124
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Bed 2

Bed

Bath 0

Bath

SqFt1,104

Sqft

Acres0.02

Acre(Lot)

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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Detail Ic Property Details

Property Type : Residential Income

Price : $350,000

AD Id : 87851699

MLS Id : PAPH2646330

Beds : 2

Lot Size : 0.02 Acre

Living Area Size : 1,104

Year Built : 1935

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 2
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard Cooling: None

  • Building Information

    Year Built: 1935 Building Area Total: 1104 Construction Materials: Frame Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 15.00 x 68.00 Lot Size Acres: 0.02 Lot Size Source: Assessor Lot Size Square Feet: 1020

  • Listing Price Information

    Listing Price: $350000

  • Tax Information

    Parcel Number: 232163600 Tax Lot: 75 Tax Year: 2025 Annual Tax: $1851

  • Parking Information

    On Street

  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5234 Jackson Street, Philadelphia, PA, 19124 $395,999 4 -- 1,841 1,841 SqFt
2065 Granite Street, Philadelphia, PA, 19124 $230,000 3 -- 1,528 1,528 SqFt
2049 Margaret Street, Philadelphia, PA, 19124 $350,000 3 -- 1,200 1,200 SqFt
1631 Wakeling Street, Philadelphia, PA, 19124 $249,000 5 -- 2,000 2,000 SqFt
4684 Hawthorne Street, Philadelphia, PA, 19124 $280,000 4 -- 1,582 1,582 SqFt
4811 Darrah Street, Philadelphia, PA, 19124 $185,465 2 -- 908 908 SqFt
5106 Penn Street, Philadelphia, PA, 19124 $199,900 2 -- 1,416 1,416 SqFt
4723 Frankford Avenue, Philadelphia, PA, 19124 $350,000 6 -- 3,045 3,045 SqFt
1236 E Sanger Street, Philadelphia, PA, 19124 $238,500 3 -- 1,392 1,392 SqFt
1519 Foulkrod Street, Philadelphia, PA, 19124 $290,000 2 -- 2,100 2,100 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 07/19/2026 @ 04:41

MLS: PAPH2646330 LISTED BY: Deneen Sweeney, Keller Williams Real Estate - West Chester 610-399-5100 SOURCE: Bright MLS

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