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1525 W Chew Street

Allentown City, PA 18102
  • $695,000
  • STATUS: Available
  • ON SITE: 9 Days
  • ID#: 732898
UPDATED: 59 min ago
$695,000
  • 9
    BEDS
  • N/A
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

School District:

Description

Whether you are a seasoned investor or just starting out with your portfolio, this building has a lot to offer. Well maintained, fully occupied West End multi-unit being sold with clear C/O. 5 residential and 2 car garage. 1/2 basement is set up for future coin op laundry and/or extra storage for tenants to add revenue to the building estimated at an extra $450/month. Chew St side offers a 2 bed 1 bath unit on the first floor and large 4 bed 2 bath unit on the 2nd and 3rd floors. Fulton street side has 1 bed 1 bath unit on street level and 2-2 bed 1 bath units on the 2nd and 3rd floors. Underutilized 1/2 basement has street access from Fulton St side. 2 car garage is accessed from Fulton St side. Unit rents are below market. Unit #5 rent is being increased from $1250 to $1300 effective April 1. Tenants need 24 hour notice prior to seeing units.

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© 2024 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Asset Property Solutions, LLC. Data last updated 2024-02-21T20:13:14.307.
www.assetpropertysolutionsllc.com/homes/147520377
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1525 W Chew Street Allentown City, PA 18102

  • Price: $695,000
  • Status: Available
  • On Site: 9 Days
  • Updated: 59 min ago
  • ID#: 732898
9
Beds
7
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
West Park Historic
County:
Lehigh
Area:
Allentown-West
School District:
Allentown
Property Description
Whether you are a seasoned investor or just starting out with your portfolio, this building has a lot to offer. Well maintained, fully occupied West End multi-unit being sold with clear C/O. 5 residential and 2 car garage. 1/2 basement is set up for future coin op laundry and/or extra storage for tenants to add revenue to the building estimated at an extra $450/month. Chew St side offers a 2 bed 1 bath unit on the first floor and large 4 bed 2 bath unit on the 2nd and 3rd floors. Fulton street side has 1 bed 1 bath unit on street level and 2-2 bed 1 bath units on the 2nd and 3rd floors. Underutilized 1/2 basement has street access from Fulton St side. 2 car garage is accessed from Fulton St side. Unit rents are below market. Unit #5 rent is being increased from $1250 to $1300 effective April 1. Tenants need 24 hour notice prior to seeing units.
Exterior Features

Construction Brick Lot Dimensions 2178 Parking Spaces 0

Interior Features

Cooling No Air Features Fire Escape Heat Type BaseboardGasHot WaterRadiator

Property Features

Cross Street Address Fulton St Electric 520 Gas 2725 Gross Income 77280 Heat 2725 Net Income 58475 Operating Expense 18805 Other Expenses 200 Possible Financing CashConventional Property Sub Type Category Apartment StyleRow-End Unit Sewer Public Special Conditions Not Applicable Total Taxes 8931.68 Water Public Water Sewer 1450 Zoning Code R-Mh-Medium High Density Residential

Listing provided courtesy of Keystone Prop Mngmnt&Maint LLC: .


© 2024 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Asset Property Solutions, LLC. Data last updated 2024-02-21T20:13:14.307.
 
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