$ 289,000
-
$289,000
Price -
3
Bed -
2
Bath -
1,376
SqFt
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Open House Times
- Sun. May. 17 at 11:00am to 1:00pm
About the Listing REONEGR2 - 3226097
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.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
PAPH2621638
Year Built
1925
Total Square Footage
1,376
Lot/Acreage
0.02
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Negotiable
- Air Cond: Wall Unit
- Heating: 90% Forced Air
- Fireplaces:
- Floor: Laminate Plank
- Above Ground Sq Ft: 1376
- Below Ground Sq Ft: n/a
- Basement: Outside Entrance,Fully Finished
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: CMX2
- Roof:
- Others: BBQ Grill,Flood Lights,Sidewalks,Excellent
- Sewer: Public Sewer
- Parking Features: Public,On Street
Financial Details
- Tax Amount: $2,194
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
5500 Chancellor St Philadelphia, PA 19139
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