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.
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
- 52 days
- 22
- 2
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#: PAPH2646262
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
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $350,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Frankford
Nearby schools
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.







