931 W Chew St Allentown, PA 18102
Center City Neighborhood
3
Beds
3
Baths
1,982
Sq Ft
2,004
Sq Ft Lot
About This Home
As of December 2021**INVESTOR ALERT** 3-unit in downtown Allentown, close to City Center's vibrant restaurants, hockey arena, shops and new hi-rise construction. Units were recently renovated and have been well-maintained by Owner. The current rents are under-market so there is opportunity here to have a strong cash-flowing building with lower maintenance costs - smaller roof and newer mechanicals. This would also be great for any house hackers who want to live in one unit and rent out the other two. Another great benefit is the low taxes and insurance costs. This property also comes with two off-street parking spots in back of the building - another big plus. With the right savvy investor, and little effort, this one will be great for any portfolio!! Tenant occupied.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,344
Year Built
- Built in 1890
Lot Details
- 2,004 Sq Ft Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,982 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Home Security
Parking
- 2 Parking Spaces
- Paved Parking
Utilities
- No Cooling
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 549791047775 001
Community Details
Building Details
- Electric Expense $1,440
- Insurance Expense $864
- Water Sewer Expense $1,130
- Operating Expense $6,078
- Gross Income $26,400
- Net Operating Income $20,322
Additional Features
- 3 Units
- Fire Escape
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2023 10/01/23 | Rented | $1,000 | 0.0% | -- |
| 10/01/2023 10/01/23 | Under Contract | -- | -- | -- |
| 10/01/2023 10/01/23 | For Rent | $1,000 | 0.0% | -- |
| 12/22/2021 12/22/21 | Sold | $235,000 | +4.5% | $119 / Sq Ft |
| 10/21/2021 10/21/21 | Pending | -- | -- | -- |
| 08/31/2021 08/31/21 | For Sale | $224,900 | +399.8% | $113 / Sq Ft |
| 02/11/2014 02/11/14 | Sold | $45,000 | -40.0% | $22 / Sq Ft |
| 12/15/2013 12/15/13 | Pending | -- | -- | -- |
| 10/16/2013 10/16/13 | For Sale | $75,000 | -- | $37 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Robert Gemmel
R
Seller's Agent in 2023
Robert Gemmel
House & Land Real Estate
(857) 205-2778
29 Total Sales
-
Lenore Mohr
Seller's Agent in 2021
Lenore Mohr
Keller Williams Northampton
(484) 893-1201
5 in this area
57 Total Sales
-
Jocelyn Iglesia
Seller's Agent in 2014
Jocelyn Iglesia
United RealEstate Strive212 LV
(484) 201-7842
33 in this area
119 Total Sales
-
R
Buyer's Agent in 2014
Richard Martinez
Ling Realty Inc
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 674375
APN: 549791047775-1
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