$325,000

2047, 2049, 2051 MARGARET ST, Philadelphia, PA 19124

  • 1,200 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $271/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
Keller Williams Real Estate - West Chester : 6103995100
Listing Agent:
Deneen Sweeney : 4848883177
MLS ID:
PAPH2564812
  • A/C: None
  • Heating: Baseboard - ElectricElectric
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Other
  • General: FrameBrick/Mortar
  • Originating MLS: BRIGHT_MAIN
  • School District: PHILADELPHIA CITY
  • County: PHILADELPHIA-PA
  • Zoning: RM1232163500
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Deneen Sweeney, Keller Williams Real Estate - West Chester

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

A

Allen M. Stearne School

1655 Unity St, Philadelphia, PA, 19124

Grades KG-8

0.44 miles away

W

Warren G. Harding Middle School

2000 Wakeling St, Philadelphia, PA, 19124

Grades 6-8

0.16 miles away

F

Frankford High School

5000 Oxford Ave, Philadelphia, PA, 19124

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby