1671 Margaret St, Philadelphia, PA 19124

Property Description

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.