Allentown City, PA 18102,1502 Chew Street
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Allentown City, PA 18102,1502 Chew Street
Allentown City, PA 18102,1502 Chew Street
Allentown City, PA 18102,1502 Chew Street
Allentown City, PA 18102,1502 Chew Street

$585,000

Est. payment /mo

$650,000

10.0%
Est.Price: ?

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1502 Chew Street Allentown City, PA 18102

7 Beds

7 Baths

SOLD DATE : 09/16/2024

Key Details

Sold Price $585,000

Property Type Condo

Sub Type Apartment Style,Complex,Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision West Park Historic

MLS Listing ID 735308

Sold Date 09/16/24

Bedrooms 7

Full Baths 7

Year Built 1913

Property Description

Invest in a distinguished 5-unit mixed-use building, marrying historical significance with modern living. Property hosts four residential units boasting updated interiors and contemporary comforts—three 2-bedroom apartments and one 1-bedroom apartment, each with their own unique appeal. All residences are responsible for their electricity. Anchoring this investment is commercial space on the ground floor, previously a popular vegan dining venue, offering eat-in and take-out services.This space can not accommodate fryers, commercial vents or grills. Poised for growth, the property currently has below-market rents, signaling potential for enhanced yield. *GROSS INCOME 81,000*53, 838 CURRENT NET, Its prime location stands out, situated in the historic West End and in close proximity to Muhlenberg College, healthcare facilities, and the Theater District. Residents have immediate access to public transit, diverse retail options, and a variety of eateries. This is an opportunity to secure an asset with both character and untapped financial promise in a vibrant neighborhood !!!!Click on video to view and schedule your appointment!

Location

State PA

County Lehigh

Area Allentown-West

Interior

Cooling No Air

Building

Story 3.0

Sewer Public

Water Public

New Construction No

Schools

School District Allentown

Others

Financing Cash,Conventional,Exchange

Special Listing Condition Not Applicable

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First Heritage Realty Alliance

First Heritage Realty Alliance

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Listed by BHHS Fox & Roach Macungie
Bought with Weichert Realtors - Allentown

First Heritage Realty Alliance

+1(267) 525-7900

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