PhiladelphiaOlney5230 N 2ND STREET

5230 N 2ND STREET
Olney, Philadelphia, PA 19120

$225,000
New Listing For Sale
 Obtener indicaciones
 
Herramientas
Open House
Size
1,688 ft²
Interior
.06 Acres
Exterior
Financial
$245
Monthly taxes
$2,940
Annual taxes
Details
Multi-Family Home
Tipo de inmueble
1930
Año de construcción
15570776
Id. web
119
Días publicados

Descripción

5230 N 2ND STREET, Olney, Philadelphia, PA 19120

This duplex property is packed with potential and primed for your vision. Once renovated, the property has the potential to generate over $34,450 in annual rental income. Even after factoring in acquisition and renovation costs, the investment offers an impressive 11% returndelivering immediate cash flow with significant room for future appreciation. Located on a leafy, residential block in desirable Oak Lane, this spacious home offers solid bones, original charm, and multiple value-add opportunities. Interior highlights include high ceilings, large windows, and original trim work that lend character and natural light throughout. While the property requires cosmetic updatessuch as new flooring, fresh paint, and general cleanupthe existing layout offers an ideal foundation for a profitable renovation. Whether you're looking for a flip or a long-term rental, this is a versatile investment. With the right improvements, it can be repositioned for higher rents or increased market value, making it a strong candidate for the BRRRR strategy or Section 8 placement post-rehab. Dont miss the chance to turn this classic duplex into a high-performing asset in a growing neighborhood.

This is an Active listing.

Broker Office Phone Number: 215-893-9920

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Price History Ver todos +
Fecha PrecioDiferenciaTipo
6/10/2025$225,000-Listado
Listing By: Elfant Wissahickon-Rittenhouse Square via Data Source: Bright MLS


Located at 5230 N 2ND STREET, Philadelphia, Pennsylvania 19120, Olney neighborhood, this Multi-Family Home is for venta with a price of $225,000 USD. The property was built in 1930,. This listing has 1,688 ft² of interior space on a lot of .06 Acres. See all Homes for venta in Olney.

Elfant Wissahickon-Rittenhouse Square

Listing by: Elfant Wissahickon-Rittenhouse Square
Contact Agent
Staging Information:
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