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5511 N 2nd StreetPhiladelphia, PA 19120

For Sale

$249,900

Smart Buyer Rebate - Ask

Discover this exceptional four-bedroom, 2.5-bathroom Victorian in desirable Olney—more than just a TLC home, it's your gateway to financial freedom or luxury living. The grand double-door entrance welcomes you into a sun-filled foyer with a charming parlor featuring stunning bow windows and original stained glass that previously housed a successful business, while spacious living areas flow seamlessly to a private back patio overlooking an expansive backyard with endless possibilities. The home includes four well-appointed bedrooms, a formal dining room, a generous kitchen, full and half baths, a private balcony, two separate basements (one for utilities and another finished and ready for use or storage), and a large detached one-car garage accessible from the rear street. The owner has completed strategic upgrades, giving you a head start though the heater needs attention and remaining improvements are yours to customize. This distinctive property sits on an oversized lot perfect for subdivision into two separate properties, allowing you to sell one and keep one for additional equity and opportunity. Located in a prime area with convenient access to highways, schools, and shopping, this diamond in the rough is sold as-is, where-is—ready for the right person to transform into substantial profit or their dream custom home. Cash, investor or 203k financing only. ALL OFFERS WELCOME.

Listed by Jennifer L Bennett

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License #RM423247

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Perfect Place Real Estate Co.

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2679926262

Last updated August 22, 2025

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Source: BrightMLS #PAPH2529218

Listing Facts

  • TypeSingle-family
  • NeighborhoodOlney
  • Bedrooms4
  • Bathrooms3
  • Days on Prevu17
  • Taxes$1,601/year
  • Size1,524 sqft
  • Price per sqft$164

Location

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Listing History

08/22/2025
Listed by Perfect Place Real Estate Co.
$249,900

Property Details for 5511 N 2nd Street

Association

Amenities

  • Pets Allowed: No Pet Restrictions

Exterior

Construction

  • New Construction: No
  • Window Features: Bay/Bow
  • Year Built: 1900
  • Architectural Style: Straight Thru
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Patio And Porch Features: Balcony, Patio(s)
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.07
  • Lot Size Dimensions: 28
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,259
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $1,601.00
  • Tax Year: 2024

Interior

Features

  • Fireplace: No
  • Interior Features: Additional Stairway, Kitchen - Eat-In

Measurements

  • Living Area: 1,524
  • Living Area Source: Assessor

Rooms

  • Basement: Combination
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4

Other

General

  • Senior Community: No

Location

  • Subdivision Name: OLNEY (EAST)
  • Tax Lot: 44

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Heating: Radiator, Hot Water
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.