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Photo of 5500 Chancellor Street, Philadelphia PA
5500 Chancellor Street
Philadelphia, PA 19139
# of Units
1
1 Bdrm Units
1
2 Bdrm Units
1
Acres
0.02
Interior SqFt
1,376
Age
101
Heating
Electric
Cooling
Wall Unit
Water
Public
Sewer
Public
Garages
0
Taxes (2026)
2,194
Additional Details Below

Description

Prime CMX2 Mixed-Use Investment / Corner Propert 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.

Location

Driving Directions

rom City Line Ave, the fastest route to 5500 Chancellor St is usually Take City Ave south toward West Philadelphia Merge onto I-76 East (Schuylkill Expressway) briefly Exit toward University City / 54th St Take S 54th St south Turn right onto Chancellor S

Listing Details

Property Information

Summary
Architectural Type

Colonial

Parking

Public, On Street

Interior Features
Flooring

Laminate Plank

Basement

Outside Entrance, Fully Finished, Concrete Perimeter

Exterior Features
Lot Features

Corner

Exterior Features

BBQ Grill, Flood Lights, Sidewalks, Masonry

Utilities
Cooling

Wall Unit, Natural Gas

Heating

90% Forced Air, Electric

Hot Water

60+ Gallon Tank

Sewer

Public Sewer

Water

Public

Additional Utilities

Cable TV, Natural Gas Available, Phone, Electric: 100 Amp Service

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Cmx2
Lattitude : 39.956960
Longitude : -75.231730
MLS# : PAPH2621638
Views : 11
Listing Courtesy: Roslyn Gilbert of Realty One Group Restore - BlueBell

Notes

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Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

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