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2047, 2049, 2051 MARGARET STREET

PHILADELPHIA , PA 19124

MLS#: PAPH2564812

$325,000

Status: Active
Listing number: PAPH2564812
Listing provided by: Keller Williams Real Estate - West Chester
Listing agent phone: None
Last update: 11 days ago
On site: 19 days ago
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Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1935

Sq.Footage

1,200

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.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    1200.0

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Parking

    On Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.02

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other

Price

  • Sales Price

    $325,000

  • Tax Amount

    1893.0

  • Sq. Footage

    1, 200

  • Price/SqFt

    $270

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Brick/Mortar

  • Sewer

    Public Sewer

  • Tax Lot

    197

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of Deneen Sweeney , Keller Williams Real Estate - West Chester

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Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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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.

2047, 2049, 2051 MARGARET STREET

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