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.
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Listing Snapshot
Price
$270,000
Days On Site
143 Days
Bedrooms
3
Inside Area (SqFt)
1,376 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1925
MLS® Number
PAPH2621638
Status
Active
Property Tax
$2,194
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
a month ago
Listing updated with changes from the MLS®
2 months ago
Price changed to $270,000
5 months ago
Listing first seen on site
General Features
Foundation
Concrete Perimeter
Number Of Stories
3
Parking
On Street
Property Sub Type
Triplex
Security
Security Lights
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1376
SqFt Total
1376
Style
Colonial
Utilities
Cable AvailableNatural Gas Available
Water Source
Public
Zoning
CMX2
Interior Features
Basement
FinishedExterior Entry
Cooling
Wall Unit(s)Gas
Electric
100 Amp Service
Flooring
Laminate
Heating
ElectricForced Air
Spa
Yes
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Exterior Features
Exterior
BarbecueOther
Lot Features
Corner Lot
Pool Features
None
Spa
Yes
Spa Features
Heated
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City
Waterview
City
Windows/Doors
ENERGY STAR Qualified Doors
Community Features
Community Features
Sidewalks
MLS Area
19139 (19139)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
WILLIAM SAYER
Listing courtesy of Realty One Group Restore - BlueBell
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