1502 Chew Street
Allentown City, PA 18102
- 7 beds
- 7 baths
- – sqft
- 1913 build
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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 commercial space on the ground floor, previously a popular vegan dining venue, offering eat-in and take-out services.This space can not accommodate fryers, commercial vents or grills. 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. 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!
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Last updated Mar 11, 2025
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MLS# 735308 —
The Building
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Year Built:1913
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Year Built Exception:Unknown
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Construction:Brick
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Stories:3.0
Location
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Area:Allentown-West
The Property
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Property Type:Investment Property
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Property Subtype:Investment Property
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Property Subtype Category:Apartment Style, Complex, Mixed Use
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Zoning Code:R-Mh-Medium High Density
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Features:Balcony, Fire Escape, Hardwood, Historic, Patio
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Bedrooms:7
Baths
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Baths:7
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Full Baths:7
The Listing
Heating & Cooling
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Heat:No
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Cooling:No Air
Utilities
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Water:Public
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Water/Sewer:1440
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Sewer:Public
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Gas:3570
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Electric:967
Schools
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School District:Allentown
The Community
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Subdivision:West Park Historic
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Association:Lehigh Valley MLS
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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9/16/24
Sep 16, 2024
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Sold | GLVR | $585,000 | -10.0% |
|
4/2/24
Apr 2, 2024
|
Listed / Active | GLVR | $650,000 |
