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This land at 2047 MARGARET Street in Philadelphia, PA is listed for $350,000 (0.04 acres).

Key Features

  • 0.04 acre lot
Listing Description

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.

Location

2047 MARGARET Street

Philadelphia, PA 19124

Questions & Answers

This 0-bedroom, 0-bathroom land at 2047 MARGARET Street is listed at $350,000. The estimated monthly payment is $1,872 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.04 acre lot.

This property is listed by Deneen Sweeney and can be reached at 4848883177.

DS

Deneen Sweeney

Agent at Keller Williams Real Estate - West Chester

(484) 888-3177

Listed by Keller Williams Real Estate - West Chester · View on Broker Site

MLS# PAPH2646262· Source: listhub· 1 day on market

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2047 MARGARET Street, Philadelphia, PA 19124

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