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.
For sale
$325,000
2047-2049 2051 Margaret St, Philadelphia, PA 19124
5beds
5baths
1,200sqft
Est.:
Multi Family
Built in 1935
-- sqft lot
$-- Zestimate®
$271/sqft
$-- HOA
What's special
- 5 days |
- 197 |
- 9 |
Zillow last checked: 8 hours ago
Listing updated: December 05, 2025 at 06:10am
Listed by:
Deneen Sweeney 484-888-3177,
Keller Williams Real Estate - West Chester 6103995100,
Listing Team: Ciprani Sweeney Team, Co-Listing Team: Ciprani Sweeney Team,Co-Listing Agent: Casey L Daneker 215-219-4482,
Keller Williams Real Estate - West Chester
Source: Bright MLS,MLS#: PAPH2564812
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,020 Square Feet
- Dimensions: 15.00 x 68.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 232163500
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $271/sqft
- Tax assessed value: $135,300
- Annual tax amount: $1,893
- Date on market: 12/5/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 42000
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Listed for sale | $325,000$271/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$1,890/mo
Principal & interest
$1559
Property taxes
$217
Home insurance
$114
Climate risks
Neighborhood: Frankford
Nearby schools
GreatSchools rating
- 4/10Stearne Allen M SchoolGrades: K-8Distance: 0.4 mi
- 3/10Harding Warren G Middle SchoolGrades: 6-8Distance: 0.2 mi
- 2/10Frankford High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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