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501 West Chew Street Allentown, PA $ 250,000
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501 West Chew Street
$ 250,000
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501 West Chew Street

Allentown, PA, 18102
$ 250,000
Baths0.0 Sq 2,400

Monthly Estimate*

$ 1,662

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Studio

Multi-Family Home for sale in Allentown, PA

for $250,000. This 2,400 square foot home was built in 1885 on a lot size of 0.026.

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.

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Multi-Family Active

Price

$ 250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,542

Style

Apartment Style

Lot Size

0.026

Year Built

1885

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

737532
Features
General
Sewer Public
Construction Other
Cooling No Air
Water Public
Gas Y/N 0
Water/Sewer 1200
Electric 0
Subdivision Not in Development
Parking Spaces 0
County Lehigh
Zoning Code R-MH-MEDIUM HIGH DENSITY RESIDENTIAL
School District Allentown
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Interior
Heating 0
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* Excluded Features
List By
Kristine McCreary-Williams

Listing Agent

Full Circlerealty&Propertymgmt

Broker

realestateinvesting1213@gmail.com

Email

Affordability Calculator

$1,873
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,662
Monthly Property Taxes
$212
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266650 Elementary School
266653 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/10/2024$250,000 Listed Price

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501 West Chew Street, Allentown, PA, 18102 is a Multi-Family Home for sale at $250,000 with 2,400 sqft and a lot size of 0.026. 501 West Chew Street is a studio with 0.0 baths and was built in 1885. The property's zip code is 18102 which is in Allentown, PA

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