5500 Chancellor St, Philadelphia, PA, 19139
About This Home
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.
Getting Around
Very Walkable
Excellent Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Excellent
- Year built: 1925
Materials
- Foundation: Concrete Perimeter
- Construction materials: Masonry
Notable Dates
- Major remodel year: 2016
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Water Heater
Basement
- Has basement: Yes
- Basement: Exterior Entry,Finished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Door features: ENERGY STAR Qualified Doors
- Flooring: Laminate
Heating & Cooling
- Heating features: Forced Air,Electric
- Cooling features: Wall Unit(s),Natural Gas
Interior Area
- Total structure area: 1,376
- Total interior livable area: 1,376 sqft
Property
Accessibility
- Accessibility features: 2+ Access Exits,Accessible Entrance
Details
- Parcel number: 604047200
- Zoning: CMX2
- Special condition: Standard
- Exclusions: All Personal Property Of Seller
Features
- Pool features: None
- Exterior features: Barbecue,Flood Lights,Sidewalks,Other
- Has spa: Yes
- Spa features: Indoor,Heated
- Has view: Yes
- View description: City
Lot
- Lot size: 1,072 sqft
- Features: Corner Lot,Urban
Parking
- Parking features: Public,On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Winter Weather
- Earthquake
- Inland Flooding
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Pennsylvania Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,390 | $16,680 |
| Home Insurance * | $172 | $2,064 |
| Property Taxes | $291 | $3,492 |
| Electricity | $224 | $2,692 |
| Total | $2,077 | $24,924 |
Income You'd Need if You Spent...
Pennsylvania FAIR Plan Programs
Insurance Placement Facility of Pennsylvania/FAIR Plan
Wildfire
Hail
WindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-06 | Price change | $275,000 |
| 2026-06-10 | Price change | $279,000 |
| 2026-05-14 | Listed for sale | $289,000 |
| 2021-03-24 | Listing removed | -- |
| 2015-09-17 | Sold | $11,000 |
| 2015-07-07 | Listed for sale | $24,900 |
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