USAPAPhiladelphia2049 Margaret Street
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$350,000

For Sale

2 hours ago

2049 Margaret Street, Philadelphia, PA

House

MLS® PAPH2646300

0 Bed

0 Bath

1200 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 1200 sqft
Garage 
Taxes $1,893
Days Active 0
Lot Size 0.02 Acres
Approx. Age 1935
Avg. Price Per Sqft $291
MLS® Number PAPH2646300

Property Address: 2049 Margaret Street, Philadelphia, PA, 19124

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberPAPH2646300
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1935
Basement
DrivewayOn Street
Garage Spaces
HeatBaseboard - Electric, Electric
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 9, 2026List Date
$350,000List Price
  • Commute

Commute

Starting Address
Destination Address
2049 Margaret Street, Philadelphia, PA

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