$ 199,900
-
$199,900
Price -
5
Bed -
2
Bath -
1,319
SqFt -
0.03
Acre
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About the Listing 61023 - 3282263
Attention Investors and Homebuyers: Income-Producing Duplex with Owner-Occupancy Potential! 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.
Listing Highlights for 1671 Margaret St
Status
Active
Days on Site
24
Property Type
Multi-Family
MLS ®
PAPH2679662
Year Built
1925
Total Square Footage
1,319
Lot/Acreage
0.03
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: 90% Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1319
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RM1
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $2,081
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Listing Location
Questions About..
1671 Margaret St Philadelphia, PA 19124
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