1525 W Chew St, Allentown, PA 18102

$750,000
9
BD
6
BA
5,804
SqFt

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List Price
$750,000
MLS#
781174
Status
ACTIVE
City
Allentown
Area
Allentown-West
County
Lehigh
Neighborhood
West Park Historic
Bedrooms
9
Bathrooms
6
Living Area
5,804
Lot Size
2,178
Year Built
1910

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.

Additional Information

Acres
0.05
Cooling
None
Living Area
5,804
Lot Size
2,178
Region
Allentown-West
School District
Allentown
Sewer
Public Sewer
Stories
3
Taxes
$8,980
Zoning
R-MH

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Listing courtesy of IronValley RE of Lehigh Valley.

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