2047 Margaret St, Philadelphia, PA 19124
Local realty services provided by:CENTURY 21 The Real Estate Store
2047 Margaret St,Philadelphia, PA 19124
$350,000
- 0.04 Acres
- Lots / Land
- Active
Listed by: deneen sweeney, casey l daneker
Office: keller williams real estate - west chester
MLS#:PAPH2646262
Source:BRIGHTMLS
Price summary
- Price:$350,000
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....
Contact an agent
Home facts
- Listing ID #:PAPH2646262
- Added:111 day(s) ago
- Updated:October 29, 2026 at 02:17 PM
Structure and exterior
- Lot area:0.04 Acres
Utilities
- Water:Public Hook-up Available
- Sewer:Public Hook/Up Avail
Finances and disclosures
- Price:$350,000
- Tax amount:$326 (2025)
New listings near 2047 Margaret St
- Coming SoonOpen Thu, 5 to 7pm
$585,000Coming Soon3 beds 2 baths1,740 sq. ft.442-444 W Norris St, PHILADELPHIA, PA 19122
MLS# PAPH2685568Listed by: KW EMPOWER - Coming SoonOpen Sat, 1 to 3pm
$535,000Coming Soon3 beds 3 baths1,815 sq. ft.9720 Jeanes St, PHILADELPHIA, PA 19115
MLS# PAPH2685562Listed by: KELLER WILLIAMS REAL ESTATE-LANGHORNE - Coming Soon
$324,900Coming Soon3 beds 2 baths1,164 sq. ft.2111 Wharton St, PHILADELPHIA, PA 19146
MLS# PAPH2685614Listed by: PETERS GORDON REALTY INC - Coming Soon
$850,000Coming Soon3 beds 2 baths1,170 sq. ft.214 S Jessup St, PHILADELPHIA, PA 19107
MLS# PAPH2682854Listed by: FUSION PHL REALTY, LLC - Coming SoonOpen Sat, 12 to 2pm
$295,000Coming Soon2 beds 2 baths900 sq. ft.7655 Fillmore St, PHILADELPHIA, PA 19111
MLS# PAPH2680332Listed by: EXP REALTY, LLC - Coming SoonOpen Sat, 1 to 2:30pm
$300,000Coming Soon3 beds 2 baths1,048 sq. ft.2129 S Chadwick St, PHILADELPHIA, PA 19145
MLS# PAPH2679644Listed by: COMPASS PENNSYLVANIA, LLC - Coming SoonOpen Sun, 12 to 2pm
$559,000Coming Soon4 beds 3 baths1,736 sq. ft.2530 S 18th St, PHILADELPHIA, PA 19145
MLS# PAPH2682812Listed by: ELFANT WISSAHICKON-RITTENHOUSE SQUARE - Coming Soon
$200,000Coming Soon3 beds 1 baths1,134 sq. ft.5214 Reinhard St, PHILADELPHIA, PA 19143
MLS# PAPH2684888Listed by: KW EMPOWER - Coming Soon
$1,300,000Coming Soon4 beds 3 baths2,650 sq. ft.2227 Bainbridge St, PHILADELPHIA, PA 19146
MLS# PAPH2685348Listed by: COMPASS PENNSYLVANIA, LLC - Coming Soon
$529,000Coming Soon5 beds -- baths2,482 sq. ft.123 Sumac St, PHILADELPHIA, PA 19128
MLS# PAPH2685376Listed by: BHHS FOX & ROACH-JENKINTOWN