5500 Chancellor St, Philadelphia, PA 19139
Local realty services provided by:ERA Central Realty Group
5500 Chancellor St,Philadelphia, PA 19139
$270,000
- 3 Beds
- - Baths
- 1,376 sq. ft.
- Multi-family
- Active
Listed by: roslyn gilbert
Office: realty one group restore - bluebell
MLS#:PAPH2621638
Source:BRIGHTMLS
Price summary
- Price:$270,000
- Price per sq. ft.:$196.22
About this home
Prime CMX2 Mixed-Use Investment / Corner Property
Salon/ Spa/ or whatever you dream of as a business.
Potential 3 Income Streams
Welcome 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 entertainment
Each 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....
Contact an agent
Home facts
- Year built:1925
- Listing ID #:PAPH2621638
- Added:99 day(s) ago
- Updated:August 21, 2026 at 01:38 PM
Rooms and interior
- Bedrooms:3
- Flooring:Laminate Plank
- Basement:Yes
- Basement Description:Fully Finished, Outside Entrance
- Living area:1,376 sq. ft.
Heating and cooling
- Cooling:Wall Unit
- Heating:90% Forced Air, Electric
Structure and exterior
- Year built:1925
- Building area:1,376 sq. ft.
- Lot Features:Corner, Urban
- Architectural Style:Colonial
- Construction Materials:Masonry
- Exterior Features:BBQ Grill, Flood Lights, Sidewalks
- Foundation Description:Concrete Perimeter
Schools
- High school:WILLIAM SAYER
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$270,000
- Price per sq. ft.:$196.22
- Tax amount:$2,194 (2026)
Features and amenities
- Amenities:100 Amp Service, Cable TV, Natural Gas Available, Phone
Parking
- Parking description:On Street, Public
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