2051 Margaret Street Philadelphia, PA $ 350,000
2051 Margaret Street
$ 350,000
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2051 Margaret Street

Philadelphia, PA, 19124
$ 350,000
Bedrooms2 Baths0.0

Monthly Estimate*

$ 2,210

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Multi-Family Home for sale in Philadelphia, PA

for $350,000 with 2 bedrooms. This home was built in 1935 on a lot size of 0.02.

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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Multi-Family Active

Price

$ 350,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 1,851

Style

Lot Size

0.02

Year Built

1935

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2646330

Features
General
Living Area 1104
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 Duplex
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 2
MLS Area 19124 (19124)
Lot Size Units Square Feet
Lot Size Square Feet 1020.00
Number of Units Leased 2
Tax Annual Amount 1851.0
Two Bedroom 0
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 317.03
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Tax Lot 75
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Interior
Heating Fuel Electric
Hot Water Natural Gas
Total Stories 2
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 26400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2051
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* Excluded Features
List By
Keller Williams Real Estate - West Chester

Broker

team@cipranisweeney.com

Email

Affordability Calculator

$2,364
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,210
Monthly Property Taxes
$154
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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2051 Margaret Street, Philadelphia, PA, 19124 is a Multi-Family Home for sale at $350,000 with a lot size of 0.02. 2051 Margaret Street has 2 bedrooms, 0.0 baths, and was built in 1935. The property's zip code is 19124 which is in Philadelphia, PA