1. Pennsylvania
2. Philadelphia
3. 5412 CHANCELLOR STREET

5412 CHANCELLOR STREET, Philadelphia, PA 19139

• 1,824 sqft

Property Description

Fully-occupied, income-producing duplex in West Philadelphia with $3,345/month in gross rental income and about 5 years of remaining tax abatement. Each unit offers 2 bedrooms and 2 full bathrooms, fully renovated in 2020 with modern finishes throughout. Features include quartz countertops, stainless steel appliances, central air, in-unit laundry, recessed lighting, and hardwood flooring. The upper unit enjoys a private balcony, the lower unit has private rear outdoor area, while both units include open-concept layouts and spacious closets. Unit 1 is leased for $1565/mo + $70 utility fee, and Unit 2 is leased for $1625/mo with an $85 utility fee, for a total of $40,140/year in gross scheduled income - an in-place cap rate of 7.5%. Ideal turnkey investment with strong rental history and minimal maintenance. Located on a quiet block with convenient access to public transit, major universities, and commercial corridors. Turnkey cash-flowing asset in appreciating West Philly submarket. Perfect for investors or 1031 exchange buyers, as well as owner-occupants looking to live in one unit and rent the other. Showings available by appointment with minimum 48 hour notice.

Listing Status:

Active

Date Added:

May 2, 2025 at 05:00AM

Listing Office:

Select Commercial Advisors : 2153153326

Listing Agent:

Samantha Lee Miller : 2153153326

MLS ID:

PAPH2477302

Interior

• Appliances: DishwasherDisposalDryerMicrowaveOven/Range - GasRefrigeratorStainless Steel AppliancesWasher
• Basement: OtherUnfinished
• A/C: Central A/C
• Heating: YCentralNatural Gas
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Samantha Lee Miller, Select Commercial Advisors