$199,000

5511 N 2ND ST, Philadelphia, PA 19120

  • 4 beds |
  • 3 baths |
  • 1,524 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $131/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This spacious four-bedroom, 2.5-bathroom Victorian in Olney offers serious potential for profit or personal use. The grand entrance features original stained glass and a charming bow window, with open living areas that flow to a private patio and large backyard. You'll find a formal dining room, generous kitchen, private balcony, two separate basements (one finished), and a large, detached one-car garage with rear street access. The real opportunity lies in the oversized lot that can be subdivided into two properties—sell one, keep one for maximum return. The owner has made strategic upgrades, though the heater needs attention and remaining improvements are yours to customize. Located in prime Olney with easy highway access to schools and shopping, this property is perfect for real estate investors seeking strong ROI, buyers wanting to create their dream home, or 203k renovation loan candidates. Sold as-is, where-is with cash, investor, or 203k financing only. All offers welcome. Ready to explore this property's potential? Schedule your appointment today!

Listing Status:
Active
Date Added:
August 22, 2025 at 05:00AM
Listing Office:
Perfect Place Real Estate Co. : 2159219053
Listing Agent:
Jennifer L Bennett : 2679926262
MLS ID:
PAPH2529218
  • General: Additional StairwayKitchen - Eat-In
  • Rooms: Living RoomDining RoomKitchenBasementBonus RoomHalf Bath
  • Basement: Combination
  • A/C: None
  • Heating: RadiatorHot WaterNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Straight Thru
  • Other Structures: BalconyPatio
  • Windows: Bay bow
  • General: Masonry2Slab
  • Originating MLS: BRIGHT_MAIN
  • School District: PHILADELPHIA CITY
  • County: PHILADELPHIA-PA
  • Zoning: RSA5871565580
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Jennifer L Bennett, Perfect Place Real Estate Co.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Olney Elementary School

5301 N Water St, Philadelphia, PA, 19120

Grades KG-8

0.36 miles away

O

Olney Elementary School

5301 N Water St, Philadelphia, PA, 19120

Grades KG-8

0.36 miles away

G

Girls High School

1400 W Olney Ave, Philadelphia, PA, 19141

Grades 9-12

1.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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