5500 Chancellor St,PHILADELPHIA, PA 19139
PHILADELPHIA, PA 19139
Description
Prime CMX2 Mixed-Use Investment / Corner PropertySalon/ 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.
Details
| MLS # | PAPH2621638 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1925 |
| Days On Site | 159 |
| Listing Provided By | Realty One Group Restore - BlueBell | Roslyn Gilbert |
Features
| SQ Feet | 1,376 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 1 |
| Zoning | CMX2 |
| Property View | City |
Interior
| Cooling | Wall Unit |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
Exterior
| Exterior Features | BBQ Grill, Flood Lights, Sidewalks, Other |
|---|---|
| Construction Materials | Masonry |
| Foundation Details | Concrete Perimeter |
| Lot Features | Corner |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Public |
Utilities
| Utilities | Cable TV, Natural Gas Available, Phone |
|---|
Taxes
| Tax Annual Amount | 2194 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19139 |
| Area | 19139 (19139) |
| School District | PHILADELPHIA CITY |
| High School | WILLIAM SAYER |
| Listing VS Median (in 19139) | |
Price: $270,000 low | high Med: $166,000 sqft: 1,376 low | high Med: 1,066 $ / sqft: $196 low | high Med: $156 On site: 159 low | high Med: 131 | |
Market Activity 19139
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19139 |
| Area | 19139 (19139) |
| School District | PHILADELPHIA CITY |
| High School | WILLIAM SAYER |
| Listing VS Median (in 19139) | |
Price: $270,000 low | high Med: $166,000 sqft: 1,376 low | high Med: 1,066 $ / sqft: $196 low | high Med: $156 On site: 159 low | high Med: 131 | |
