Five-Unit Rental Portfolio with Vacant Lot

2051 MARGARET Street Philadelphia, PA 19124

Claim this Listing
New
For Sale
$350,000

MULTI_FAMILY - PHILADELPHIA, PA

Property size:
1,104 SF
Lot size:
0.02 Acres
Price / SF:
$317/SF
Added:
Jul 9, 2026
Days on Market:
3
Last Refresh:
Jul 11 at 4:06 am

Property Features for 2051 MARGARET Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
1,104 SF
Lot size
0.02 Acres

Taxes and HOA fees

Tax Annual Amount
1851

Utilities

Heating system
Electric (Heating), Baseboard

Building Details

Year built
1935
Number of units
2
Building materials
Frame

Listing agent Deneen Sweeney License #RS323144

Listing office Keller Williams Real Estate - West Chester 276 Dilworthtown Road, West Chester, PA

Listing date Jul 9, 2026

MLS# PAPH2646330 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 5‑unit portfolio on Margaret Street plus an included vacant lot at 2047 Margaret Street
  • 2049 and 2051 Margaret Street: five 1‑bed, 1‑bath units, fully occupied and leased for $675/month each
  • Current rent totals $3,375/month and $40,500/year for the five occupied units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Parking Lot & Garage Acupuncture Travel Agency (Bike/Boat/Book/etc) Store Accounting Firm Florist

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

FAQs

What type of property is this?
Apartment building - Fully occupied five 1-bedroom units plus a vacant lot, with recent roof replacement on the rentals.
Where is this apartment building located?
The property is located at 2051 MARGARET Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 5‑unit portfolio on Margaret Street plus an included vacant lot at 2047 Margaret Street; 2049 and 2051 Margaret Street: five 1‑bed, 1‑bath units, fully occupied and leased for $675/month each; Current rent totals $3,375/month and $40,500/year for the five occupied units
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