1502 Chew Street
Allentown City,
PA
18102
Property Details
List Price: |
$650,000 |
Beds: |
7 |
Baths: |
7 |
Status: |
Active |
SqFt: |
-- |
Agency: |
Berkshire Hathaway HomeServices Fox & Roach, Real |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1913 |
Notes: |
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 an established commercial space on the ground floor, featuring a popular vegan dining venue, offering eat-in and take-out services. 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. OFFERED AT A 8.3 CAP this is a no brainier. 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! |
MlsNumber: |
735308 |
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Listing Provided By: |
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing |
Name: |
Berkshire Hathaway HomeServices Fox & Roach, Real |
Office Name: |
BHHS Fox & Roach Macungie |
Office Phone: |
(484) 519-4444 |
Agent Name: |
Paula Meilinger |
Disclaimer: |
Copyright © 2024 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |