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Lot/land
  • $350,000

    2047 Margaret St, Philadelphia, PA 19124

    --beds
    --baths
    1,792Square Feet
    Unimproved Land
    Built in ----
    1,792 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Vacant lot
    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Deneen Sweeney 484-888-3177,

    Keller Williams Real Estate - West Chester 6103995100,

    Listing Team: Ciprani Sweeney Team, Co-Listing Team: Ciprani Sweeney Team,Co-Listing Agent: Casey L Daneker 215-219-4482,

    Keller Williams Real Estate - West Chester

    Source: Bright MLS,MLS#: PAPH2646262MLS Logo

      Facts & features

      Property

      Lot
      • Size: 1,792 Square Feet
      • Dimensions: 25.00 x 71.00
      Details
      • Additional parcels included: 232163500, 232163600
      • Parcel number: 885305060
      • Zoning: RM1
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Public Hook/Up Avail
      • Water: Public Hook-up Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Tax assessed value: $23,300
      • Annual tax amount: $326
      • Date on market: 7/9/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/9/2026Listed for sale$350,000
        Source: Bright MLS #PAPH2646262 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Frankford

        Getting around

        78 / 100
        Very Walkable
        74 / 100
        Excellent Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Philadelphia City

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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