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sales rep | Brivity IDX

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2051 Margaret St , Philadelphia, PA 19124
$350,000
Est. Payment: $1,890.76/mo
2 Bed
2 Bath
1104 Sqft
0.02 Acres
Status: active under contract | Days on site: 114
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KELWLMWC - 3136797,3140841
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House 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.

Highlights

Listed by Deneen Sweeney , 4848883177 and Casey L Daneker , 2152194482 Keller Williams Real Estate - West Chester , 6103995100. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.02

Year Built

1935

County

Philadelphia

Area

19124 (19124)

School District

Philadelphia City

Listing ID

PAPH2646330

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Above Ground Sq Ft:1104
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:15.00 x 68.00
Zoning:RM1
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,891
Taxes
$154

Home Price

$350,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$70,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,890.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,890.76 $154.25 $0.00 $2,045.01
Yearly $22,689.13 $1,851.00 $0.00 $24,540.13
Total $680,673.81 $55,530.00 $0.00 $736,203.81
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS