5500 Chancellor St, Philadelphia, PA 19139

$270,000
1,376
SqFt

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List Price
$270,000
Price Change
▼ $5,000 1787095709
Days on Market
122
Status
ACTIVE
MLS#
PAPH2621638
Living Area
1,376
Style
Colonial
Year Built
1925
County
Philadelphia
School District
Philadelphia City

Property Description

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.

Additional Information

Area
19139 (19139)
Taxes
$2194
Stories
3
School District
Philadelphia City
High School
William Sayer
Flooring
Laminate Plank
Exterior Features
BBQ Grill, Flood Lights, Sidewalks, Other
View
City
Heating
90% Forced Air
Heating Fuel
Electric
Cooling
Wall Unit
Utilities
Cable TV, Natural Gas Available, Phone
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Realty One Group Restore - BlueBell. Contact: 2158285330