$679,000
SOLD JUL 26, 2024

1525 W Chew St Allentown, PA 18102

West End Allentown Neighborhood
9 Beds
6 Baths
5,804 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

2% Below List Price

40 Days on Market

About This Home

As of July 2024

Whether you are a seasoned investor or just starting out with your portfolio, this building has a lot to offer. Well maintained, fully occupied West End multi-unit being sold with clear C/O. 5 residential and 2 car garage. 1/2 basement is set up for future coin op laundry and/or extra storage for tenants to add revenue to the building estimated at an extra $450/month. Chew St side offers a 2 bed 1 bath unit on the first floor and large 4 bed 2 bath unit on the 2nd and 3rd floors. Fulton street side has 1 bed 1 bath unit on street level and 2-2 bed 1 bath units on the 2nd and 3rd floors. Underutilized 1/2 basement has street access from Fulton St side. 2 car garage is accessed from Fulton St side. Unit rents are below market. Unit #5 rent is being increased from $1250 to $1300 effective April 1. Tenants need 24 hour notice prior to seeing units.

Last Agent to Sell the Property

Eric Luckenbach

Keystone Prop Mngmnt&Maint LLC

Last Buyer's Agent

Jacqueline Romero

Keller Williams Northampton

Keller Williams Northampton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,932

Year Built

  • Built in 1910

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Home Security

Utilities

  • No Cooling
  • Radiator
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549750617488 001

Community Details

Overview

  • 5 Units
  • West Park Historic Subdivision

Building Details

  • Electric Expense $520
  • Insurance Expense $2,300
  • Maintenance Expense $2,000
  • Other Expense $200
  • Trash Expense $2,875
  • Water Sewer Expense $1,450
  • Operating Expense $14,169
  • Gross Income $77,280
  • Net Operating Income $63,111

Security

  • Fire Escape

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,932

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, Row-End Unit
  • County Assessment: 282600.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1910
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Fire Escape
  • Bathrooms: 6
  • Full Bathrooms: 6
  • Bedrooms: 9

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Gas, Hot Water, Radiator
  • Sewer: Public
  • Water: Public
  • Electric: 520
  • Gas: 2725
  • Heat: 2725
  • Insurance: 2300
  • Trash Removal: 2875
  • Water Sewer: 1450

Condo/Co-op/Association

  • Lawn Snow Removal: 100
  • Maintenance Repair: 2000

Fee Information

  • Operating Expense: 14169

Schools

  • School District: Allentown

Lot Info

  • Lot Dimensions: 2178
  • Zoning Code: R-Mh-Medium High Density Residential

Rental Info

  • Other Expenses: 200

Tax Info

  • Assessor Parcel Number: 549750617488 001
  • County Taxes: 1068.23
  • Municipal Taxes: 1464.48
  • Total Taxes: 8931.68

Multi Family

  • School Taxes: 6398.97
  • Total Units: 5
  • Total Unit Count: 6

MLS Schools

  • School District: Allentown

Map

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
07/26/2024 07/26/24 Sold $679,000 -0.9% $117 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/19/2024 03/19/24 Price Changed $684,900 -1.5% $118 / Sq Ft
02/11/2024 02/11/24 For Sale $695,000 -- $120 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

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Source: Greater Lehigh Valley REALTORS®

MLS Number: 732898

Greater Lehigh Valley REALTORS®

Pennsylvania Lehigh County Allentown 18102 West End Allentown

1525 W Chew St, Allentown, PA

Homes for Sale in Allentown, PA

This home is located at 1525 W Chew St, Allentown, PA 18102 and is currently priced at $679,000, approximately $116 per square foot. This property was built in 1910. 1525 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.