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5500 Chancellor St
For Sale $289,000
$289,000
- 1 Units
- Unknown Sq Ft
- 1,072 Sq Ft
- Unknown Cap Rate
Description
Prime CMX2 Mixed-Use Investment / Corner Property
Salon/ Spa/ Serene
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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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $289,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 1925 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 604047200 |
| MLS # | PAPH2620970 |
| Property ID | 322842164 |
| Lot Sqft | 1,072 |
| Zoning | CMX2 |
| Total Units | 1 |
| Days on Market | 20 |
| Original List Price | Unknown |
| Date Updated | May 26, 2026 |
| Date Created | May 12, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Roslyn Gilbert an agent of . Lic #RS340075
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Data last updated: June 01, 2026.
Robert Crawford
REAL ESTATE AGENT