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1502 W W Chew Street

ALLENTOWN, PA 18102
  • $725,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: PALH2004602
UPDATED: 143 min ago
$725,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1913
County:

School Ratings & Info

School District:

Description

Remarks UPDATE!!!! Well maintained large 5 unit all brick building located on the corner of 15th and Chew in the bustling WEST PARK HISTORIC area of Allentown. Three units have 2 bedrooms , One unit 1 bedroom unit and 5th unit is commercial space currently a restaurant. The current owner has made improvements to the units with updated kitchen and baths , refreshed flooring, repairs have been made where indicated and owner has complied with City of Allentown code requirements where needed. This high traffic area is nestled between Muhlenberg College and the Theater District and is walk able to hospital , shopping, parks and entertainment. Two units have new tenants with market value rents and one unit is currently vacant with a 1300.00 expected rent when occupied. GROSS INCOME of 73,800! Oversized garage has UNTAPPED POTENTIAL , previously was a barber shop or can be rented out for storage. FANTASTIC 1031 OPPORTUNITY

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©2022 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-05T23:50:03.683.
www.execuhome.com/homes/134204233
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1502 W W Chew Street ALLENTOWN, PA 18102

  • Price: $725,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 143 min ago
  • ID#: PALH2004602
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1913
Built
Neighborhood:
West Park
County:
Lehigh
Area:
Allentown City (12302)
School District:
Allentown
Property Description
Remarks UPDATE!!!! Well maintained large 5 unit all brick building located on the corner of 15th and Chew in the bustling WEST PARK HISTORIC area of Allentown. Three units have 2 bedrooms , One unit 1 bedroom unit and 5th unit is commercial space currently a restaurant. The current owner has made improvements to the units with updated kitchen and baths , refreshed flooring, repairs have been made where indicated and owner has complied with City of Allentown code requirements where needed. This high traffic area is nestled between Muhlenberg College and the Theater District and is walk able to hospital , shopping, parks and entertainment. Two units have new tenants with market value rents and one unit is currently vacant with a 1300.00 expected rent when occupied. GROSS INCOME of 73,800! Oversized garage has UNTAPPED POTENTIAL , previously was a barber shop or can be rented out for storage. FANTASTIC 1031 OPPORTUNITY
Exterior Features

Construction Materials Brick Garage YN No Parking Features Private Parking Types Private Garage Property Condition GoodVery Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1200.00 Cooling None Heating 90% Forced Air Heating YN Yes Net Square Feet 4828.00

Property Features

Acceptable Financing CashConventional Accessibility Features 2+ Access Exits Annual Gross Expense 67200.00 Assessment Year 2022 Association Expense 0.00 Business Type Apartment BuildingRestaurant/Bar Central Air YN No Cooling Fuel None Cross Street 15th Heating Fuel Natural Gas Historic YN Yes Hot Water Electric Insurance Expense 3613.00 Maintenance Expense 1317.12 Municipality Allentown City Navigable Water YN N New Construction YN No Number Of Units Total 4 Operating Expense Includes SewerTrashWaterRepair/Maintenance Original MLSNumber 801969326902 Other Expense 672.00 Owner Pays Common Area Maintenance Ownership Interest Fee Simple Possession ImmediateNegotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 0.00 Tax Assessment Amount 259200.00 Tax Lot 016 Trash Expense 1607.00 Vacation Rental YN No Water Source Public Zoning R-Mh

Listing courtesy of Bhhs Fox & Roach-Macungie: .


©2022 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-05T23:50:03.683.
 
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