Olney Real Estate

Olney Real Estate

Welcome to Olney, a vibrant neighborhood nestled in the heart of Philadelphia, Pennsylvania. Known for its rich history and diverse community, Olney offers a unique blend of urban living and suburban charm, making it an ideal location for families, professionals, and anyone seeking a welcoming environment.

Olney is characterized by its tree-lined streets, beautifully maintained parks, and a variety of housing options, from charming single-family homes to modern apartment complexes. The area boasts a strong sense of community, with local events and festivals that bring residents together throughout the year. Whether you’re strolling through the Olney Plaza or enjoying a sunny afternoon at the nearby Olney Park, there’s always something to see and do.

Education is a cornerstone of the Olney community, with several highly regarded schools and educational institutions that cater to families. The neighborhood is also conveniently located near public transportation options, making it easy to commute to downtown Philadelphia or explore the surrounding areas.

Olney is rich in cultural diversity, with a variety of restaurants, shops, and local businesses that reflect the neighborhood's multicultural heritage. From delicious eateries offering international cuisine to unique boutiques, residents can experience the best of urban living without sacrificing the warmth of a close-knit community.

With its affordable housing options, strong community spirit, and convenient access to the city, Olney is a hidden gem in Philadelphia. Discover the charm and potential of this lively neighborhood, where you can truly feel at home.

Newest Listings in Olney

$165,000
3 Beds 2 Baths
Character, Charm, and Endless Potential in Olney. Welcome to 221 Widener Street a light-filled, three-bedroom home packed with character, versatile living spaces, and incredible potential. Nestled on a vibrant, friendly block in Olney, this residence offers a classic Philadelphia layout designed for relaxing, entertaining, and outdoor enjoyment. Step up to the expansive front porch, the perfect vantage point for morning coffee or evening relaxation while cultivating your private front garden patch. Inside, the main level opens into a comfortable, welcoming living area that flows naturally into a dedicated dining space ideal for family dinners and weekend gatherings. At the heart of the main floor, the kitchen boasts soaring high ceilings that create an airy, spacious feel. Step through the back door onto your desirable rear deck, overlooking additional yard space below a secluded outdoor haven for summer barbecues, urban gardening, or unwinding under the stars. Expanded Living Space & Upper Level Finished Lower Level: The full, finished basement expands your functional living area, offering flexible space for a home media room, fitness hub, or workspace, complete with a convenient front half-bath. Restful Upper Retreat: Upstairs, discover three versatile, multi-sized bedrooms flooded with natural light and ready for your personal touch, alongside a full central bathroom.

221 Widener St, Philadelphia

Listing courtesy of KW Empower. Contact: vicki@kwempower.com

$395,000
Exceptional Investment Opportunity – Three Vacant Units + Massive Garage/Warehouse Space! Welcome to 301 W. Ruscomb, a truly unique income-producing property offering exceptional flexibility for investors and owner-occupants alike. With all three residential units currently vacant, this property provides the rare opportunity to set your own rents, select your own tenants, or occupy one unit while generating income from the others. The property features three residential units plus an oversized attached garage/warehouse with space for 10+ vehicles, creating an additional income opportunity or the perfect setup for a contractor, auto enthusiast, small business, storage facility, or workshop. Recent renovations include new windows, new kitchen cabinets, quartz countertops, stainless steel appliances, new bathrooms, new flooring, recessed lighting, new heating systems, new water heaters, and central air conditioning. Separate utility meters for each unit make management simple and efficient, while low property taxes help maximize your return. Projected Rental Income: First Floor: 2-bedroom, 1-bath unit – estimated $1,250/month Second Floor: 2-bedroom, 1-bath unit – estimated $1,250/month Studio Unit: Studio with full bath – estimated $900/month Oversized Garage/Warehouse: Estimated rental income of approximately $1,500/month (with potential for higher income depending on use) Estimated Total Monthly Income: Approximately $4,900/month. The oversized garage/warehouse is a standout feature that offers endless possibilities, whether leased separately for vehicle storage, warehouse space, contractor use, or other business purposes. Opportunities like this are hard to find. Whether you're seeking a strong cash-flowing investment, a value-add opportunity, or a property with multiple income streams and future appreciation potential, 301 W. Ruscomb is ready for its next owner. With all units vacant, you can begin generating income immediately on your own terms. Schedule your private showing today!

301 W Ruscomb St, Philadelphia

Listing courtesy of Keller Williams Realty Devon-Wayne. Contact: 6106478300

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