1502 Chew Street
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. 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 as
$650,000
| Type: | Investment Property |
| Built: | 1913 |
| County: | Lehigh |
| Area: | Allentown City |
| Listing Office: | BHHS Fox & Roach Macungie |
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Exterior Features
| Approximate Lot Size | 0.000 |
| Exterior Description | |
| Garage Description | |
| Parking Driveway Description | |
| Style |
Interior Features
| Appliances | |
| Basement | |
| Cooling | No Air |
| Heating | Electric, Gas |
| Dining Area(s) | |
| Fireplace | |
| Number of Rooms | 0 |
Property Features
| Sewer | Public |
| Sub Property Type | |
| Taxes | $0.00 |
| Municipal Tax ID | 0 |
| Utilities | |
| Water | Public |
| Year Built Description | Unknown |
| Square Footage | 0 |
| Cost per Square Foot |
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