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
Mortgage Calculator
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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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.