About 5511 N 2nd St
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!
Features of 5511 N 2nd St
| MLS® # | PAPH2529218 |
|---|---|
| Price | $199,000 |
| Bedrooms | 4 |
| Bathrooms | 2.50 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 1,524 |
| Acres | 0.07 |
| Year Built | 1900 |
| Type | Residential |
| Sub-Type | Twin/Semi-Detached |
| Style | Straight Thru |
| Status | Active |
Community Information
| Address | 5511 N 2nd St |
|---|---|
| Area | 19120 |
| Subdivision | OLNEY (EAST) |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19120 |
Amenities
| Amenities | Additional Stairway |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Radiator, Hot Water |
|---|---|
| Cooling | None |
| Has Basement | Yes |
| Basement | Combination |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 Story |
Exterior
| Exterior Features | Balcony, Patio |
|---|---|
| Windows | Bay/Bow |
| Foundation | Slab |
School Information
| District | PHILADELPHIA CITY |
|---|
Additional Information
| Date Listed | August 22nd, 2025 |
|---|---|
| Days on Market | 54 |
| Zoning | RSA5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Perfect Place Real Estate Co. |
|---|---|
| Contact Info | 2159219053 |