5224 N American Street

Investment Opportunity in Olney! This classic 3-bedroom, 1-bathroom brick rowhome at 5224 N American St is the perfect addition to any portfolio or an ideal starter home for a savvy buyer. Currently tenant-occupied on a month-to-month lease (paying $1100), this property offers immediate cash flow with the flexibility for future owner-occupancy. The traditional layout features a welcoming front porch, spacious living areas, and a full basement for storage. Situated in a high-demand rental pocket, you are just blocks from the wooded trails of Fisher Park and the diverse shopping and dining options along the N 5th Street corridor. Connectivity is a major highlight, with seamless access to US-1 (Roosevelt Blvd) and I-76 for easy commutes to Center City or the suburbs. Public transit users will appreciate the proximity to the Olney Transportation Center and Broad Street Line, as well as being minutes away from Einstein Medical Center and La Salle University. Please note that 24-hour notice is strictly required for all showings due to tenant occupancy. Sold in as-is condition, this home is a strategic find in one of North Phillys most convenient locations.