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… Read More 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. Read Less
Courtesy of Roslyn Gilbert, Realty One Group Restore - BlueBell 267-462-4222
Listing Snapshot
Days Online
1
Last Updated
Property Type
Commercial
Square Ft.
1,376
Lot Size
0.02 Acres
Year Built
1925
MLS Number
PAPH2620970
Additional Details
Appliances & Equipment
Other equipment: Negotiable
Building
Built in 1925, Built in 2016 (effective), 3 stories, Entry level: 1, Construction Materials: Masonry
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