NOT LISTED FOR SALE

1422 W Chew St Allentown, PA 18102

Center City Neighborhood
4 Beds
3 Baths
2,189 Sq Ft
1,921 Sq Ft Lot

Last Sold February 17, 2023

Last sale price $308,000 $141 Per Sq Ft

4 Days on Market

Highlights

  • Balcony
  • 1 Car Garage
  • 2-minute walk to Franklin Park

About This Home

As of February 2023

Well maintained, fully occupied 3 unit ready for new owners! Long term tenants with rents well under market rate. 1st floor is a 2 Bedroom, walkthrough apartment with original woodwork, hardwood floors and access to the basement and bringing in $875/month. The 2nd floor is a 1 Bedroom with original hardwood floors in BR and LR. Large kitchen with balcony out the back. This unit is at $784/month. The 3rd floor is an efficiency apartment bringing in $680/month. Total gross monthly rents equal $2339 and are extremely under market rent. All leases are month to month. Owner pays efficient gas heat for all three units and the gas hot water for Units 2 and 3. Updated electric service with a common area meter and a meter for each unit. Detached 1-car garage is currently being used by the owner and can be rented for additional income. Co-owner is a PA licensed Realtor.

Last Listed By

Joe Ronco State Farm Agent

Harvey Z Raad Real Estate Listed on: 12/27/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,117

Year Built

  • Built in 1910

Lot Details

  • 1,921

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,189 Sq Ft Home
  • 3-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas

Additional Features

  • Balcony
  • 1,921 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 549760325270001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $323
  • Insurance Expense $2,000
  • Maintenance Expense $600
  • Trash Expense $330
  • Water Sewer Expense $800
  • Operating Expense $2,240
  • Gross Income $28,068
  • Net Operating Income $25,828

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,117

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • Technology: Smoke Detector Wired
  • County Assessment: 96800.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Features: Balcony
  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Square Footage: 2189

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 1

Utilities

  • Cooling: No Air
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 323
  • Gas: 1368
  • Heat: 1368
  • Insurance: 2000
  • Trash Removal: 330
  • Water Sewer: 800

Condo/Co-op/Association

  • Lawn Snow Removal: 600
  • Maintenance Repair: 600

Fee Information

  • Operating Expense: 2240

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.044
  • Lot Sq Ft: 1921
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549760325270001
  • County Taxes: 365.90
  • Municipal Taxes: 558.90
  • Total Taxes: 3117.00
  • Taxes: 3117

Multi Family

  • School Taxes: 2191.86
  • Total Units: 3
  • Total Unit Count: 3

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $308,000 +10.0% $141 / Sq Ft
12/31/2022 12/31/22 Pending -- -- --
12/27/2022 12/27/22 For Sale $280,000 -- $128 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joe Ronco State Farm Agent

    Harvey Z Raad Real Estate

    (484) 441-3090

    1 in this area

    2 Total Sales

    Joe Ronco State Farm Agent
    Section Image
  • Christopher Raad

    Seller Co-Listing Agent in 2023

    Christopher Raad

    Harvey Z Raad Real Estate

    (610) 390-2803

    10 in this area

    153 Total Sales

    Christopher Raad
    Section Image

  • G

    Buyer's Agent in 2023

    Gary Elbert

    Bellman & Radcliff

    (610) 393-1801

    35 in this area

    122 Total Sales

    Gary Elbert
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 707723

Greater Lehigh Valley REALTORS®

APN: 549760325270-1

Pennsylvania Lehigh County Allentown 18102 Center City

1422 W Chew St, Allentown, PA

Homes for Sale in Allentown, PA

This home is located at 1422 W Chew St, Allentown, PA 18102 since 27 December 2022. This property was built in 1910. 1422 W Chew St is a home located in Lehigh County with nearby schools including Luis A. Ramos Elementary School, Francis D Raub Middle School, and William Allen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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