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    2047 Margaret St Philadelphia, PA 19124

    New
    For Sale
    $325,000

    MULTI_FAMILY - PHILADELPHIA, PA

    Property size:
    1,200 SF
    Lot size:
    0.02 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 11 at 8:06 pm

    Property Features for 2047 Margaret St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    On Street
    Size
    1,200 SF
    Lot size
    0.02 Acres

    Utilities

    Heating system
    Electric (Heating), Baseboard

    Building Details

    Year built
    1935
    Number of units
    3
    Building materials
    Frame

    Keller Williams Real Estate (610) 399-5100 [email protected]

    Listing agent Deneen Sweeney (484) 202-0895 License #RS323144

    Listing date Dec 5, 2025

    MLS# PAPH2564812 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Philadelphia Multifamily Portfolio with Vacant Lot

    This sale includes three parcels on Margaret Street in Philadelphia, presenting an investment opportunity for landlords and portfolio builders. The parcels, identified by IDs 885305060, 232163500, and 232163600, include 2047 Margaret Street, a vacant lot suitable for future development, expansion, parking, or outdoor space. The properties at 2049 & 2051 Margaret Street consist of two multi-unit buildings with a total of five fully tenant-occupied units. Each unit features 1 bedroom and 1 bathroom, and all are currently rented at $700 per month, generating a total rental income of $3,500 per month. The combined property size is 1200 square feet, situated on a 0.02-acre lot. Located near I-95, the property provides convenient access to Center City Philadelphia, the Philadelphia International Airport, and New Jersey. Public transportation is available nearby, enhancing its appeal for tenants and future development. This portfolio offers immediate cash flow and the potential for expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.07692719
    Latitude
    40.01175308

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    FAQs

    What type of property is this?
    Apartment building - Three parcels including five occupied units and a vacant lot.
    Where is this apartment building located?
    The property is located at 2047 Margaret St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Portfolio sale: Three parcels sold together, including two multi-unit buildings and a vacant lot.; - Immediate income: Five fully occupied units generating $3,500/month in rental income.; - Development potential: Vacant lot offers opportunities for expansion, parking, or additional outdoor space.
    (484) 202-0895
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2047 Margaret St Philadelphia, PA 19124
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