2047, 2049, 2051 Margaret Street Philadelphia, PA $ 325,000
2047, 2049, 2051 Margaret Street
$ 325,000
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2047, 2049, 2051 Margaret Street

Philadelphia, PA, 19124
$ 325,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 2,028

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Multi-Family Home for sale in Philadelphia, PA

for $325,000 with 5 bedrooms. This home was built in 1935 on a lot size of 0.02.

Landlord Special! Three Parcels Sold Together Fully Occupied Rental Portfolio + Vacant Lot A rare opportunity awaits on Margaret Street in Philadelphia! This sale includes three parcels sold together (Parcel IDs: 885305060, 232163500, 232163600), creating an ideal investment for both seasoned landlords and portfolio builders. 2047 Margaret Street is a vacant lot, offering potential for future development, expansion, parking, or additional outdoor space to complement the existing rentals. 2049 & 2051 Margaret Street feature two multi-unit buildings with a combined five fully tenant-occupied units. Each unit offers 1 bedroom and 1 bathroom, and all are currently rented at $700/month, producing a steady $3,500/month in rental income from day one. Located just moments from I-95, the property offers easy access to Center City Philadelphia, the Philadelphia International Airport, New Jersey, and more. Public transportation is conveniently available right at the corner of the street, adding to the appeal for tenants and future development possibilities. This is an ideal opportunity for investors seeking immediate cash flow with the added benefit of a vacant lot for potential expansion. Don't miss the chance to secure a versatile and income-producing portfolio on Margaret Street.

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Multi-Family Active

Price

$ 325,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 1,893

Style

Lot Size

0.02

Year Built

1935

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2564812

Features
General
Living Area 1200
Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Possession Settlement
Zoning RM1
Architectural Style Other
Construction Materials Frame
School District PHILADELPHIA CITY
Year Built 1935
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions GPS
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19124 (19124)
Lot Size Units Square Feet
Lot Size Square Feet 1020.00
Number of Units Leased 5
Tax Annual Amount 1893.0
Two Bedroom 0
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 270.83
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
Tax Lot 197
Total Actual Rent 42000.00
Cap Rate 11.00
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Interior
Heating Fuel Electric
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Dimensions 15.00 x 68.00
Lot Size Acres 0.02
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 27000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2047
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* Excluded Features
List By
Keller Williams Real Estate - West Chester

Broker

team@cipranisweeney.com

Email

Affordability Calculator

$2,185
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,028
Monthly Property Taxes
$158
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$325,000 Listed Price

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2047, 2049, 2051 Margaret Street, Philadelphia, PA, 19124 is a Multi-Family Home for sale at $325,000 with a lot size of 0.02. 2047, 2049, 2051 Margaret Street has 5 bedrooms, 0.0 baths, and was built in 1935. The property's zip code is 19124 which is in Philadelphia, PA