Attention investors and developers! This spacious 2,453 sq ft, 3-story twin home in Olney offers incredible potential under Philadelphia’s "RTA-1 zoning" — a residential zoning classification that permits multi-family conversions (by right or with variance, please do your due diligence) in certain cases, making this an ideal opportunity for creating income-generating rental units or a multi-family investment.
The property features 4 large bedrooms and 2 full baths, two private balconies, an eat-in kitchen with balcony access, and an open living/dining area that lends itself to flexible reconfiguration. The basement spans the full length of the house and offers high ceilings, providing excellent space for added storage, a recreation area, or potential expansion. Plus, a new HVAC system has already been installed, giving peace of mind on major mechanicals.
Located near La Salle University, Girls’ High, and Central High, this property is ideally positioned to attract student renters, faculty, or local professionals. With a rear driveway and garage, plus easy access to public transportation and area highways, you have all the ingredients for a high-demand rental or long-term investment.
Don’t miss this prime opportunity to unlock value and maximize returns in one of Philadelphia’s growing neighborhoods!
Listed by Shawn Marie Freeman
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License #AB069276
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Realty One Group Restore - Collegeville
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4848540075
Last updated May 06, 2025
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Source: BrightMLS #PAPH2478218
Listing Facts
TypeSingle-family
NeighborhoodFern Rock
Bedrooms4
Bathrooms2
Days on Prevu125
Taxes$4,746/year
Size2,453 sqft
Price per sqft$106
Amenities
Parking
Location
Mortgage Calculator
Listing History
05/05/2025
Listed by Realty One Group Restore - Collegeville
$260,000
Property Details for 5737 N Park Avenue
Association
Amenities
Pets Allowed: Dogs OK,Cats OK
Exterior
Construction
New Construction: No
Property Condition: Good
Roof: Rubber
Window Features: Replacement
Year Built: 1945
Architectural Style: Air Lite
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.09
Lot Size Dimensions: 25
Lot Size Source: Assessor
Lot Size Square Feet: 3,821
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $4,746.00
Tax Year: 2024
Interior
Features
Appliances: Oven/Range - Gas
Fireplace: No
Interior Features: Floor Plan - Traditional, Kitchen - Eat-In
Utilities: Electric Available, Sewer Available, Water Available, Natural Gas Available
Water Source: Public
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