1,200 SqFt
1,200 SqFt
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $270
MLS Listing ID PAPH2564812
Style Other
Abv Grd Liv Area 1,200
Year Built 1935
Annual Tax Amount $1,893
Tax Year 2025
Lot Size 1,020 Sqft
Acres 0.02
Lot Dimensions 15.00 x 68.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
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.
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Above Ground Finished SqFt 1200
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 232163500
Ownership Fee Simple
SqFt Source 1200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
- 7
Franklin Towne Charter Elementary School
Public | KG - 8
- 5
Conwell Russell Middle School
Public | 5 - 8
- 5
Ad Prima Charter School
Public | KG - 8
- 5
Northwood Academy Charter School
Public | KG - 8
- 5
Maritime Academy Charter School
Public | 4 - 12
- 5
Mayfair Elementary School
Public | KG - 8
- 5
Planet Abacus Charter School
Public | KG - 8
- 4
Thomas K. Finletter Academics Plus School
Public | KG - 8
- 4
Grover Washington, Jr. Middle School
Public | 5 - 8
- 4
Juniata Park Academy
Public | KG - 8
- 4
Community Academy of Philadelphia Charter School
Public | KG - 12
- 4
Universal Creighton Charter School
Public | KG - 8
- 4
Sankofa Freedom Academy Charter School
Public | KG - 12
- 4
Mastery Charter School - Smedley Elementary
Public | KG - 6
- 4
Bridesburg Elementary School
Public | KG - 6
- 3
Olney Elementary School
Public | KG - 8
- 3
Frances E. Willard
Public | KG - 4
- 3
Francis Hopkinson School
Public | KG - 8
- 3
The Philadelphia Charter School for Arts and Science
Public | KG - 8
- 3
J. Hampton Moore School
Public | KG - 5
- 4
Amy at Martin
Public | 6 - 8
- 4
Woodrow Wilson Middle School
Public | 6 - 8
- 3
Mariana Bracetti Academy Charter School
Public | 6 - 12
- 2
Austin Meehan Middle School
Public | 6 - 8
- 1
Feltonville School of Arts and Sciences
Public | 6 - 8
- 1
Warren G. Harding Middle School
Public | 6 - 8
- 0
Truebright Science Academy Charter School
Public | 7 - 12
- 9
Franklin Towne Chs
Public | 9 - 12
- 2
Northeast High School
Public | 9 - 12
- 1
Mastbaum Jules E Avts
Public | 9 - 12
- 1
Samuel Fels High School
Public | 9 - 12
- 1
Frankford High School
Public | 9 - 12
- 1
Abraham Lincoln High School
Public | 9 - 12
- 0
International Christian High School
Private | 9 - 12
- 0
The Bridge School
Private | 9 - 12
- 0
St Hubert Catholic High School for Girls
Private | 9 - 12
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