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2049 Margaret StreetPhiladelphia, PA 19124

For Sale

$350,000

Smart Buyer Rebate $3,500

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.

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 July 30, 2026

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Source: BrightMLS #PAPH2646300

Listing Facts

  • TypeMulti-family
  • NeighborhoodFrankford
  • Days on Prevu23
  • Taxes$1,893/year
  • Size1,200 sqft
  • Price per sqft$292

Location

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Listing History

07/09/2026
Listed by Keller Williams Real Estate - West Chester
$350,000

Property Details for 2049 Margaret Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Stories Total: 2
  • 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

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 2049 Margaret Street.

What are the annual taxes for 2049 Margaret Street?

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

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

This multi-family home is listed 40% above the average price for multi-family homes in Frankford and has been on the market for 100 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.

2049 Margaret Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19124. On Prevu for 23 days at $350,000. This home features 1,200 square feet of living space, located in Frankford. The median listing price for multi-family homes in this area is $212,450. Explore more multi-family home listings in Philadelphia.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

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.