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5500 Chancellor StreetPhiladelphia, PA 19139

For Sale

$279,000

Smart Buyer Rebate $1,975

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.

Listed by Roslyn Gilbert

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License #RS340075

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Realty One Group Restore - BlueBell

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6106365723

Last updated June 10, 2026

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Source: BrightMLS #PAPH2621638

Listing Facts

  • TypeMulti-family
  • NeighborhoodCobbs Creek
  • Days on Prevu33
  • Taxes$2,194/year
  • Size1,376 sqft
  • Price per sqft$203

Location

Mortgage Calculator

Listing History

06/10/2026
Price Decreased
$279,000
05/13/2026
Listed by Realty One Group Restore - BlueBell
$289,000

Property Details for 5500 Chancellor Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 1
  • Property Condition: Excellent
  • Stories Total: 3
  • Year Built: 1925
  • Architectural Style: Colonial
  • Construction Materials: Masonry
  • Exterior Features: BBQ Grill, Flood Lights, Sidewalks, Other

Features

  • Other Structures: Above Grade
  • View: City
  • Waterfront: No

Measurements

  • Lot Features: Corner
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1,072
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $2,194.00
  • Tax Year: 2026

Interior

Features

  • Flooring: Laminate Plank
  • Spa Features: Indoor, Heated
  • Spa: Yes

Measurements

  • Living Area: 1,376
  • Living Area Source: Estimated

Rooms

  • Basement: Outside Entrance, Fully Finished
  • Has Basement: Yes

Other

Features

  • Accessibility Features: 2+ Access Exits, Level Entry - Main

General

  • Exclusions: ALL PERSONAL PROPERTY OF SELLER

Location

  • Tax Lot: 81

Parking

Parking

  • Garage: No
  • Parking Features: Public

Schools

High School

  • High School: WILLIAM SAYER

Utilities

Equipment

  • Cooling: Wall Unit
  • Electric: 100 Amp Service
  • Heating: 90% Forced Air
  • Has Heating: Yes
  • Other Equipment: Negotiable
  • Sewer: Public Sewer
  • Utilities: Cable TV, Natural Gas Available, Phone
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 5500 Chancellor Street.

What schools are nearby to 5500 Chancellor Street?

Nearby schools include the WILLIAM SAYER High School.

What are the annual taxes for 5500 Chancellor Street?

Annual taxes for this multi-family home are estimated at $2,194.

How does 5500 Chancellor Street compare to other multi-family homes in Cobbs Creek?

This multi-family home is listed 19% below the average price for multi-family homes in Cobbs Creek and has been on the market for 58 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,376 sqft.

5500 Chancellor Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19139. On Prevu for 33 days at $279,000. This includes a recent price decrease of $10,000. This home features 1,376 square feet of living space, located in Cobbs Creek. The median listing price for multi-family homes in this area is $238,000. Nearby schools include WILLIAM SAYER High School. Explore more multi-family home listings in Philadelphia.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.