1502 Chew Street
Allentown City, PA 18102
Map
- 7 beds
- 7 baths
- – sqft
- 1913 build
More homes
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!
Last checked:
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Last updated May 15, 2025
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MLS# 735308 —
The Building
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Construction Materials:Brick
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Year Built Details:Unknown
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Year Built:1913
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Number Of Units Total:5
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Security Features:FireEscape
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Patio And Porch Features:Patio
Interior
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Interior Features:Balcony
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Stories:3
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Stories Total:3
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Flooring:Hardwood
Financial & Terms
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Listing Terms:Cash,Conventional,Exchange1031
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Buyer Financing:Conventional
Location
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Longitude:-75.490063
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Latitude:40.601673
The Property
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Property Type:ResidentialIncome
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Property Sub Type:Apartment
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Property Sub Type Additional:MixedUse
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Zoning:R-Mh-Medium High Density
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Property Condition:Unknown
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Parcel Number:549750906760 001
Listing Agent
- Contact info:
- Agent phone:
- (484) 519-4444
- Office phone:
- (484) 519-4444
Beds
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Bedrooms Total:7
Baths
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Bathrooms Full:7
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Bathrooms Total:7
The Listing
Heating & Cooling
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Cooling:None
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Cooling:false
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Heating:Electric,Gas
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Heating:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Middle School District:Allentown
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High School District:Allentown
The Community
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Subdivision Name:West Park Historic
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Senior Community:false
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/16/24
Sep 16, 2024
|
Sold | GLVR | $585,000 |
