1501 W CHEW STREET

ALLENTOWN, PA 18102
Square Ft.
2,375
$588,900
Immediate income with upside: this cash flowing, fully rented 9-unit mixed-use brick property is offered with a clear Certificate of Occupancy from the City - no work required. Situated on a visible corner in the desirable West End, this turn-key investment features a balanced mix of residential, commercial, and garageRead MoreRead Less
Courtesy of james Reardon, eXp Commercial [email protected]
Listing Snapshot
Days Online
69
Last Updated
Property Type
Five Or More Units
Square Ft.
2,375
Lot Size
0.05 Acres
Year Built
1910
MLS Number
PALH2012462
30 Days Snapshot Of 18102
$258k
+61%
(avg) sold price
4
+300%
homes sold
45
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Responsibility: City/County, Black Top
Building
2,375 net sqft, 2,375 total building sqft, Built in 1910, 8 units in building, Brick
Cooling
Electric, Window Unit(s)
Accessibility Features
2+ Access Exits
Expenses
Annual Gross Expense: $16,888, Electric Expense: $480, Insurance Expense: $2,486, Maintenance Expense: $500, Operating Expense: $16,888, Insurance, Management Fees, Repair/Maintenance, Water
Foundation
Block, Stone
Heating
Electric, Baseboard - Electric
Income
Gross Scheduled Income: $57,660, Net Operating Income: $47,772, Apartment Rentals
Lot
2,160 sqft, Lot Size Dimensions: 18.00 x 120.00, 0.05 acres
Property
View: City
Sewer
Public Sewer
Taxes
City/Town Tax: $590, City/Town Tax Pymnt Freq: Annually, County Tax: $501, County Tax Pymnt Freq: Annually, School Tax: $3,002, Tax Annual Amount: $4,094, Tax Year: 2024
Utilities
Hot Water: Electric
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Eric Leadbetter
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