5500 CHANCELLOR ST, Philadelphia, PA 19139

• 1,376 sqft

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.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 1:20PM

Listing Office:

Realty One Group Restore - BlueBell : 2674624222

Listing Agent:

Roslyn Gilbert : 6106365723

MLS ID:

PAPH2621638

Interior

• Basement: Outside entranceFully finished
• Flooring: Laminate plank
• A/C: Wall Unit
• Heating: 90% Forced AirElectric
• Disability Feature: 2+ Access ExitsLevel Entry - Main

Exterior

• General: BBQ GrillFlood LightsSidewalksOtherAbove GradeIndoorHeated
• Style: Colonial
• Parking: Public

Construction

• General: MasonryConcrete Perimeter

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: CMX2604047200
• View: City

Utilities

• Utilities: Cable tvNatural gas availablePhone100 amp service
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: ALL PERSONAL PROPERTY OF SELLER