2051 MARGARET Street Philadelphia, PA 19124

This for-sale package includes two rental properties and one vacant lot sold together. The properties at 2049 and 2051 Margaret Street total five fully occupied 1-bedroom, 1-bathroom rental units, each currently leased for $675 per month, for $3,375 in monthly rental income and $40,500 annually. The offering is described as three RM-1 parcels being sold together (Parcel IDs: 885305060, 232163500, and 232163600). A new roof has recently been installed on the rental buildings, and the portfolio is being sold as-is with the seller making no repairs.

The combined parcels are located on Margaret Street in Philadelphia, with convenient access to I-95 and quick routes to Center City Philadelphia and Philadelphia International Airport, as well as New Jersey. Public transportation is noted as being available right at the corner.

For an owner-operator or investor, the fully leased five-unit component provides immediate occupied income while the included vacant lot at 2047 Margaret Street can support future development, expansion, additional parking, or added outdoor space tied to the existing investment. Property certifications are available in the document section, and prospective buyers should review them prior to submitting an offer.