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.
For sale
Price cut: $4K (7/6)
$275,000
5500 Chancellor St, Philadelphia, PA 19139
3beds
3baths
1,376sqft
Townhouse
Built in 1925
-- sqft lot
$272,900 Zestimate®
$200/sqft
$-- HOA
What's special
- 58 days |
- 203 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Roz Gilbert 610-636-5723,
Realty One Group Restore - BlueBell 2158285330
Source: Bright MLS,MLS#: PAPH2621638
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Forced Air, Electric
Cooling
- Wall Unit(s), Natural Gas
Appliances
- Included: Water Heater
Features
- Flooring: Laminate
- Doors: ENERGY STAR Qualified Doors
- Basement: Exterior Entry,Finished
- Has fireplace: No
Interior area
- Total structure area: 1,376
- Total interior livable area: 1,376 sqft
Property
Parking
- Parking features: Public, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits, Accessible Entrance
Features
- Exterior features: Barbecue, Flood Lights, Sidewalks, Other
- Pool features: None
- Has spa: Yes
- Spa features: Indoor, Heated
- Has view: Yes
- View description: City
Lot
- Size: 1,072 Square Feet
- Features: Corner Lot, Urban
Details
- Additional structures: Above Grade
- Parcel number: 604047200
- Zoning: CMX2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Concrete Perimeter
Condition
- Excellent
- New construction: No
- Year built: 1925
- Major remodel year: 2016
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Natural Gas Available, Phone, Cable
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $200/sqft
- Tax assessed value: $156,800
- Annual tax amount: $2,194
- Date on market: 5/13/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Curtains, Refrigerator, Washer And Dryer, Sauna,
- Exclusions: All Personal Property Of Seller
- Ownership: Fee Simple
Estimated market value
$272,900
$259,000 - $287,000
$1,486/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $275,000-1.4%$200/sqft |
Source: | ||
| 6/10/2026 | Price change | $279,000-3.5%$203/sqft |
Source: | ||
| 5/14/2026 | Listed for sale | $289,000+2527.3%$210/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/17/2015 | Sold | $11,000-55.8%$8/sqft |
Source: Public Record Report a problem | ||
| 7/7/2015 | Listed for sale | $24,900$18/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,195 +80.6% | $156,800 +80.6% |
| 2024 | $1,215 | $86,800 |
| 2023 | $1,215 +21.6% | $86,800 |
| 2022 | $999 | -- |
| 2021 | $999 +3.8% | -- |
| 2018 | $963 | -- |
| 2017 | $963 -78.3% | -- |
| 2016 | $4,436 +996.6% | -- |
| 2015 | $405 | -- |
| 2014 | $405 -33.5% | $45,400 +254.7% |
| 2012 | $608 | $12,800 |
| 2011 | -- | $12,800 |
| 2010 | -- | $12,800 |
| 2009 | -- | $12,800 |
| 2008 | -- | $12,800 |
| 2007 | -- | $12,800 |
| 2006 | -- | $12,800 |
| 2005 | -- | $12,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Cobbs Creek
Nearby schools
GreatSchools rating
- 6/10Hamilton Andrew SchoolGrades: K-8Distance: 0.2 mi
- 2/10Sayre William L Middle SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- High: William Sayer
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19139
- Cobbs Creek
- 5500 Chancellor St






