5500 Chancellor Street Philadelphia, PA 19139

$270,000
1,376
SQFT
196
$/SQFT
$270,000
1,376   sf
$196 / sf
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Prime CMX2 Mixed-Use Investment / Corner PropertySalon/ Spa/ or whatever you dream of as a business.Potential 3 Income StreamsWelcome to 5500 Chancellor Street—a rare corner mixed-use opportunity in the heart of West Philadelphia offering multiple income streams, separate utilities, and flexible use potential. This property is configured for three distinct units, making it ideal for investors, house hackers, or small business owners looking to maximize cash flow: * Second Floor: Spacious 2-bedroom unit with private balcony, spacious living and dining areas. * First Floor: 1-bedroom unit with strong rental appeal. Currently used for spa & salon. Updated floors and newly painted with high celilings. * Lower Level/ Basement Efficiency unit with separate walkout entrance. * Outside lower level charming set up for entertainmentEach space offers independent living potential, and with separate utilities already in place, operating expenses stay streamlined—an investor’s dream setup. Beautifully maintained. Zoned CMX2, this property unlocks additional value with the ability to incorporate commercial or office use on the first floor, creating a true live/work or mixed-income asset. Situated on a high-visibility corner, the property benefits from added light, accessibility, and long-term appreciation potential in a rapidly developing area.Whether you’re looking to build your portfolio, offset your mortgage with rental income, or create a hybrid residential/commercial space, 5500 Chancellor delivers flexibility, function, and upside.Don’t miss this opportunity to secure a versatile, income-producing asset in one of Philadelphia’s most dynamic markets.

Prime CMX2 Mixed-Use Investment / Corner PropertySalon/ Spa/ or whatever you dream of as a business.Potential 3 Income StreamsWelcome to 5500 Chancellor Street—a rare corner mixed-use opportunity in the heart of West Philadelphia offering multiple income streams, separate utilities, and flexible use potential. This property is configured for three distinct units, making it ideal for investors, house hackers, or small business owners looking to maximize cash flow: * Second Floor: Spacious 2-bedroom unit with private balcony, spacious living and dining areas. * First Floor: 1-bedroom unit with strong rental appeal. Currently used for spa & salon. Updated floors and newly painted with high celilings. * Lower Level/ Basement Efficiency unit with separate walkout entrance. * Outside lower level charming set up for entertainmentEach space offers independent living potential, and with separate utilities already in place, operating expenses stay streamlined—an investor’s dream setup. Beautifully maintained. Zoned CMX2, this property unlocks additional value with the ability to incorporate commercial or office use on the first floor, creating a true live/work or mixed-income asset. Situated on a high-visibility corner, the property benefits from added light, accessibility, and long-term appreciation potential in a rapidly developing area.Whether you’re looking to build your portfolio, offset your mortgage with rental income, or create a hybrid residential/commercial space, 5500 Chancellor delivers flexibility, function, and upside.Don’t miss this opportunity to secure a versatile, income-producing asset in one of Philadelphia’s most dynamic markets.

  • Neighborhood
  • Type
  • County
    Philadelphia
  • Area
    19139
  • Tax Amount
    $2,194
  • Status
    Active
  • Listing #
    PAPH2621638
  • Built
    1925
  • Listed on site
    145 days
  • Listing Agent Id
    121136576646

Listed by:
Realty One Group Restore - BlueBell

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • Corner Lot
  • No Builder Restrictions
  • Gas Utilities

View

  • City view

Exterior features

  • No Pool
  • Basement

Style

  • Colonial
  • End Unit

Property History

DateDays AgoEventNew Price
Aug 18, 20262 mos agoPrice decreased5,000 (2%)$270,000
Jul 6, 20263 mos agoPrice decreased4,000 (1%)$275,000
Jun 10, 20264 mos agoPrice decreased10,000 (3%)$279,000
May 13, 20265 mos agoNew on market$289,000
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