501 West Chew Street
Allentown City, PA 18102

  • – beds
  • – baths
  • 2,400 sqft
  • 1,124 sqft lot
  • $104 per sqft
  • 1885 build

ATTENTION INVESTORS! TWO UNIT Corner property will be a great add to your investment portfolio with an 8% CAP currently and room to asset manage rents to provide more cashflow. Unit 1 is a large one bedroom and Unit 2 is a large two bedroom both with longer term tenants. Ease of renting as property is right next to St Luke's medical facilities and walking distance to all that Center City Allentown has to offer. Annual gross rent is $26,640. Low property taxes at only $2543 per year. Property has one brand new gas furnace replaced in 2024. All utilities are separated and tenants also pay for trash in their rent. Property is being sold "as is" and buyer will be responsible for the city of Allentown CO repairs.

Greater Lehigh Valley MLS logo Listing courtesy of GLVR / Full CircleRealty&PropertyMgmt

Last checked: Checking… • Last updated May 11, 2024 •

MLS# 737532 —

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Sale history

Date Event Source Price % Change
5/10/24
Listed / Active GLVR $250,000

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This multifamily located in Center City, Allentown, PA 18102 is currently for sale for $250,000. 501 West Chew Street is a 2,400 square foot multifamily with – beds and – baths. 501 West Chew Street is in the Center City neighborhood of Allentown and has a WalkScore® of 86, making it very walkable. This multifamily is in the attendance area of Central Elementary School, Lincoln Early Childood Center, William Allen High School, and Francis D Raub Middle School.

Greater Lehigh Valley MLS logo Listing Courtesy of: GLVR and Full CircleRealty&PropertyMgmt.

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