2047 Margaret Street Philadelphia, PA $ 350,000
2047 Margaret Street
$ 350,000
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2047 Margaret Street

Philadelphia, PA, 19124
$ 350,000
Baths0.0

Monthly Estimate*

$ 2,210

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Studio

Lots and Land for sale in Philadelphia, PA

for $350,000. The lot size is 0.04.

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 youre 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. Dont miss this rare opportunity to own a versatile investment package on Margaret Street.

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Lots and Land Active

Price

$ 350,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 326

Style

Residential

Lot Size

0.04

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2646262

Features
General
Sewer Public Hook/Up Avail
Possession Settlement
Zoning RM1
School District PHILADELPHIA CITY
Property Subtype Land
Tax Year 2025
Current Use Residential
Ownership Fee Simple
Municipality PHILADELPHIA
Additional Parcels Description 232163500 232163600
County PHILADELPHIA
Property Type Land
HOA N
Possible Use Apartments Multi-Family Residential
Water Access Y/N N
Status ACTIVE
Directions GPS
City PHILADELPHIA
MLS Area 19124 (19124)
Lot Size Units Square Feet
Lot Size Square Feet 1792.00
Tax Annual Amount 326.0
Clean Green Assessed Y/N N
Price Per Sq Ft Total AG 195.31
Additional Parcels Y/N Y
Vacation Rental Y/N N
Standard Status Active
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Exterior
Water Source Public Hook-up Available
Water View Y/N N
Lot Dimensions 25.00 x 71.00
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
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

$2,237
Per Month
99%
1%
0%
Monthly Principal & Interest
$2,210
Monthly Property Taxes
$27
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/9/2026$350,000 Listed Price

Map


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2047 Margaret Street, Philadelphia, PA, 19124 is a Lots and Land for sale at $350,000 with a lot size of 0.04. 2047 Margaret Street is a studio with 0.0 baths. The property's zip code is 19124 which is in Philadelphia, PA