1525 West Chew ST, Allentown City, PA 18102
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1525 West Chew ST, Allentown City, PA 18102
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Michael Gibbons

Michael Gibbons

+1(610) 704-9709
$ 750,000
Est. payment /mo
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Active

1525 West Chew ST Allentown City, PA 18102

9 Beds

6 Baths

5,804 SqFt

UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,804 sqft

Price per Sqft $129

Subdivision West Park Historic

MLS Listing ID 781174

Bedrooms 9

Full Baths 6

HOA Y/N No

Year Built 1910

Annual Tax Amount $8,980

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Apartment

Property Description

This well-maintained property offers investors strong upside potential with efficient operating costs and additional income possibilities. The owner has kept operating expenses low by personally handling the majority of the property's maintenance and repairs, resulting in minimal maintenance costs and no property management expenses. The current owner has carefully tracked all operating costs throughout ownership. Utility expenses include approximately $350 per month for water and sewer, while gas averages approximately $700 annually during the five-month heating season. Additionally, the basement has been recently remodeled to include a dedicated laundry area, creating an opportunity to generate additional income while adding value and convenience for tenants.

Location

State PA

County Lehigh

Area Allentown-West

Direction From Route 22, take the 15th Street exit and head south. Turn right onto W Chew Street. Continue for about half a mile, and the property will be on your left near the intersection of 15th Street and W Chew Street.

Interior

Heating Baseboard, Gas, Hot Water, Radiator(s)

Cooling None

Fireplace No

Exterior

Water Access Desc Public

Building

Story 3

Sewer Public Sewer

Water Public

Schools

School District Allentown

Others

Senior Community No

Tax ID 549750617488-1

Energy Description 700.0

Special Listing Condition None

Listed by IronValley RE of Lehigh Valley

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Michael Gibbons
Michael Gibbons

Agent License ID: RS362721

+1(610) 704-9709 | thegratefulagentmg@gmail.com

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1525 West Chew ST