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2047, 2049, 2051 Margaret StreetPhiladelphia, PA 19124

For Sale

$325,000

Smart Buyer Rebate - Ask

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.

Listed by Deneen Sweeney

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License #RS323144

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Keller Williams Real Estate - West Chester

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4848883177

Last updated December 05, 2025

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Source: BrightMLS #PAPH2564812

Listing Facts

  • TypeMulti-family
  • NeighborhoodFrankford
  • Days on Prevu6
  • Taxes$1,893/year
  • Size1,200 sqft
  • Price per sqft$271

Location

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Listing History

12/05/2025
Listed by Keller Williams Real Estate - West Chester
$325,000

Property Details for 2047, 2049, 2051 Margaret Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 1935
  • Architectural Style: Other
  • Construction Materials: Frame

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.02
  • Lot Size Dimensions: 15
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,020
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 11.0

Taxes

  • Tax Annual Amount: $1,893.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 1,200
  • Living Area Source: Assessor

Other

Location

  • Tax Lot: 197

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Heating: Baseboard - Electric
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 2047, 2049, 2051 Margaret Street.

What are the annual taxes for 2047, 2049, 2051 Margaret Street?

Annual taxes for this multi-family home are estimated at $1,893.

How does 2047, 2049, 2051 Margaret Street compare to other multi-family homes in Frankford?

This multi-family home is listed 12% above the average price for multi-family homes in Frankford and has been on the market for 113 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,200 sqft.

2047, 2049, 2051 Margaret Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19124. Listed on Prevu for 6 days at $325,000. This residence features 1,200 square feet of living space, located in Frankford. The median listing price for multi-family homes in this area is $185,000. Browse more multi-family home listings in Philadelphia.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.