1671 MARGARET ST Philadelphia, PA 19124
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,319 sqft
Price per Sqft $151
MLS Listing ID PAPH2679662
Style Other
Abv Grd Liv Area 1,319
Year Built 1925
Annual Tax Amount $2,081
Tax Year 2026
Lot Size 1,257 Sqft
Acres 0.03
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
1671 Margaret Street is a two-unit property offering immediate rental income and flexibility for investors and homeowners. The vacant first-floor apartment includes access to the backyard, allowing homeowners to occupy one unit while collecting rent from the second-floor apartment to help offset their monthly mortgage payments. Investors can lease both units to maximize rental income.
Unit Breakdown:
First floor: 2 bedrooms, 1 bathroom — vacant, with backyard access and $1,000/month rental potential
Second floor: 3 bedrooms, 2 bathrooms — occupied, generating $1,260/month
The property currently generates $1,260 in monthly rental income, with the potential to generate $2,260 per month ($27,120 annually) when fully occupied. The property generated 2025 net operating income (NOI) of $19,112.90.
Tenants pay their own unit utilities, while the owner pays for water. Additional features include a full unfinished basement and separate electric meters.
Own a duplex that offers immediate rental income and the flexibility to occupy one unit or rent both. Schedule your private tour today.
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning RM1
Interior
Hot Water Electric
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 1319
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 232157700
Ownership Fee Simple
SqFt Source 1319
Acceptable Financing Cash, FHA, VA, Conventional
Listing Terms Cash, FHA, VA, Conventional
Financing Cash,FHA,VA,Conventional
Special Listing Condition Standard
Nearby Locations
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