1502 West Chew Street

1502 West Chew Street

Allentown, PA 18102

$650,000
Price
7
Beds
7
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a building with street view
a house view with a sitting space and garden
a view of a city
a view of a city in the middle of a city
a front view of a building with street view
a view of a big yard next to a road
a dining room with furniture and a floor to ceiling window
a room with furniture and a large window
a view of entryway with a front door
a view of a chairs and table in the patio
a room with toys and kitchen view
a kitchen with stainless steel appliances a dining table and chairs
a bathroom with a toilet sink and mirror
a room with furniture and a kitchen view
a view of a wooden house with a small deck and a large tree
a view of front door
a backyard of a house with a garden and outdoor seating
a living room with furniture and a large window
a living room with furniture and a potted plant
a view of a kitchen with fridge and workspace
a bed room with a bed a couch and a window
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a living room with furniture a rug and a window
a view of a dining room with furniture window and wooden floor
a view of a dining room with furniture and a chandelier
a view of a dining room with furniture and a chandelier
a room with furniture a rug and a window
a bedroom with a bed and a couch
a bedroom with a bed and a window
a bathroom with a shower curtain and a large mirror
a kitchen with granite countertop a sink stove and cabinets
wooden floor in an empty room
a living room with furniture and a large window
an empty room with windows
a kitchen with granite countertop a sink and a refrigerator
a bedroom with a large bed painting on the wall and a window
an empty room with wooden floor and windows
a kitchen with stainless steel appliances a stove a sink and a refrigerator
a kitchen with a sink and wooden floor
a bedroom with a bed and a window
a workspace with furniture hardwood and a window
a living room with furniture and a large window
a bathroom with a toilet and a shower
a view of outdoor space
a view of outdoor living room with furniture and a flat screen tv
a view of an outdoor space with windows
a view of a room with gym equipment
a view of brick building with many windows

Description

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....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!
  1. Listed by Paula J. Meilinger • BHHS Fox & Roach Macungie

Property Details for 1502 West Chew Street

Area
Allentown-West
Sub division
West Park Historic

Location

Listing Courtesy of BHHS Fox & Roach Macungie
Add your commute
LISTING UPDATED: 04/05/2024 02:22 PM

Property Details for 1502 West Chew Street

StatusAvailable
MLS #735308
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1913
CountyLehigh County

Location

Listing Courtesy of BHHS Fox & Roach Macungie
Add your commute

Building Information for 1502 West Chew Street

Building/Complex1502 W Chew StFloor-Stories3Residences5Pet Policy-Year Built1913Building Size-

Payment Calculator

$4,238 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$691

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1502 West Chew Street

Summary
Location and General Information
  • Directions: Hamilton Blvd towards Center City Allentown, L onto N 15th St, property is on the left
  • School District: Allentown
Parking
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $979.78
  • Lawn Snow Removal: $0
  • Maintenance Repair: $1,587
  • Management: 3969
  • Municipal Taxes: $1,440.43
  • School Taxes: $5,869.12
Property
Lot Information
  • APN: 549750906760 001
  • Zoning Code: R-Mh-Medium High Density
Property and Assessments
  • County Assessment: $259,200.00
  • Features: Balcony, Fire Escape, Hardwood, Historic, Patio
  • Property SubType Category: Apartment Style, Complex, Mixed Use
  • Year Built Exception: Unknown
  • Adult Comm 55 Over: No
Utilities
  • Cooling: No Air
  • Electric: 967
  • Gas: $3,570
  • Sewer: Public
  • Water: Public
  • Water Sewer: 1440
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Baths: Modern, Semi Modern
  • Heat: $0
  • Heat Type: Electric, Gas
Multi Family
Multi-Family Information
  • Gross Income: $81,000.00
  • Insurance: $4,714
  • Net Income: $53,838.00
  • Operating Expense: $25,541
  • Other Expenses: $1,587
  • Trash Removal: 1440
  • Total Unit Count: 6
  • Total Units: 5
Unit 1
  • Unit Total1 Bedroom: 1
Unit 2
  • Unit Total2 Bedrooms: 3

Property History for 1502 West Chew Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1502 West Chew Street

Taxable ValueLand$15,000Additions$244,200Total$259,200
Tax Record2024$8,289 ($691 / month)
Home Facts
Baths7Total Finished SqFt3,628 SqFtAbove Grade Finished SqFt3,628 SqFtStories3Lot Size3,000 SqFtStyleOffice BuildingYear Built1913ZoningR-MHCountyLEHIGHAPN549750906760-1

Schools near 1502 West Chew Street

This home is within Allentown City School District.
Rating
School
Type
Grades
Distance
Luis A. Ramos El School
Public - K to 5
Francis D Raub Middle School
Public - 6 to 8
William Allen High School
Public - 9 to 12
Building 21 Allentown
Public - 9 to 12
Rating
School
Distance
Luis A. Ramos El School
PublicK to 5

Francis D Raub Middle School
Public6 to 8

William Allen High School
Public9 to 12

Building 21 Allentown
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1502 West Chew Street, Allentown, PA 18102

1502 West Chew Street is a multi-family home for sale in Allentown, PA 18102. This property was listed for sale on April 2, 2024 by BHHS Fox & Roach Macungie, it's currently listed at $650,000. It has been on the market for a total of 28 days and was last sold on August 30, 2021. This listing's school district is Allentown City School District. Nearby schools include Luis A. Ramos El School, Francis D Raub Middle School and William Allen High School. 1502 West Chew Street is a 7-bed, 7-bath, multi-family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach Macungie

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.