NOT LISTED FOR SALE

718 W Chew St Allentown, PA 18102

Center City Neighborhood
4 Beds
3 Baths
2,383 Sq Ft
1,786 Sq Ft Lot

Last Sold May 31, 2019

Last sale price $157,200 $66 Per Sq Ft

5 Days on Market

About This Home

As of May 2019

BEST AND FINAL OFFERS DUE 4/8/19 AT 5:00PM. 3-unit investment property. Near City Center Allentown. Close to shops, restaurants and vibrant downtown Allentown. Cash flow positive and strong cap rate with one vacant unit allows opportunity to increase rent and makes this a great investment! Priced to sell. NO MORE SHOWINGS.

Last Agent to Sell the Property

Lenore Mohr

Keller Williams Northampton Listed on: 04/04/2019

Keller Williams Northampton

Co-Listed By

John Walton

IronValley RE of Lehigh Valley

Last Buyer's Agent

Christopher Raad

Harvey Z Raad Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1900

Lot Details

  • 1,786 Sq Ft Lot
  • Lot Dimensions are 20 x 90

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 2,383 Sq Ft Home
  • 3-Story Property
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 640701278762 001

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,000
  • Operating Expense $4,500
  • Gross Income $27,300
  • Net Operating Income $20,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,998

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted
  • Technology: Smk Detector Battery
  • County Assessment: 71300.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Fire Escape, Wall-to-Wall Carpet
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Square Footage: 2383

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 1200
  • Water Sewer: 1000

Condo/Co-op/Association

  • Maintenance Repair: 1000

Fee Information

  • Operating Expense: 4500

Lot Info

  • Acres: 0.041
  • Lot Dimensions: 20 x 90
  • Lot Sq Ft: 1786
  • Zoning Code: B1/R

Tax Info

  • Assessor Parcel Number: 640701278762 001
  • County Taxes: 259.53
  • Municipal Taxes: 331.89
  • Total Taxes: 1998.10

Multi Family

  • School Taxes: 1406.68
  • Total Units: 3
  • Total Unit Count: 3

Range of Values:

Collateral Analytics

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ICE

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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 List to Sale Price per Sq Ft Prior Sale
05/31/2019 05/31/19 Sold $157,200 +5.5% $66 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $149,000 +338.2% $63 / Sq Ft
07/06/2012 07/06/12 Sold $34,000 -29.2% $14 / Sq Ft View Prior Sale
06/19/2012 06/19/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $48,000 -- $20 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lenore Mohr

    Seller's Agent in 2019

    Lenore Mohr

    Keller Williams Northampton

    (484) 893-1201

    3 in this area

    45 Total Sales

    Lenore Mohr
    Section Image
  • John Walton

    Seller Co-Listing Agent in 2019

    John Walton

    IronValley RE of Lehigh Valley

    (484) 695-0700

    1 in this area

    80 Total Sales

    John Walton
    Section Image
  • Christopher Raad

    Buyer's Agent in 2019

    Christopher Raad

    Harvey Z Raad Real Estate

    (610) 390-2803

    11 in this area

    158 Total Sales

    Christopher Raad
    Section Image
  • Jeff Torchia

    Seller's Agent in 2012

    Jeff Torchia

    Preferred Properties Plus

    (610) 360-6466

    3 in this area

    271 Total Sales

    Jeff Torchia
    Section Image

  • W

    Buyer's Agent in 2012

    Weston Zelenz

    NZO Realty

    (215) 536-8758

    2 in this area

    26 Total Sales

    Weston Zelenz
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 605193

Greater Lehigh Valley REALTORS®

APN: 640701278762-1

Pennsylvania Lehigh County Allentown 18102 Center City

718 W Chew St, Allentown, PA

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