$589,000

1501 W Chew St Allentown, PA 18102

West End Allentown Neighborhood

Estimated payment $3,665/month

Total Views 1,947
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Brick or Stone Mason
  • Heating Available
  • 3-minute walk to Franklin Park

About This Home

Investment property that is being sold with a clear CO for Sale from the City. No work to be done! Beautiful and fully rented 4-unit + 5 Garages mixed-use brick property located in the desirable West End of Allentown. This corner lot asset features three updated residential apartments, a long-term nail salon tenant, and five income-producing garage units. A turn-key investment opportunity with strong cash flow and upside potential. Net Income: $40,772 (Actual) | $50,672 (Projected) Cap Rate (Projected): 8.6%. Unit Mix: (2) Two-bedroom, one-bath apartments; (1) Studio/one-bedroom apartment; (1) Commercial Hair salon; (5) Single-bay garages. Financial Highlights: Gross Income: $57,660 (Actual) | $67,560 (Projected). Operating Expenses: $16,888/year (The actual numbers include Property Management and Vacancy factored in). Net Income: $40,772 (Actual) | $50,672 (Projected) Cap Rate (Projected): 8.6%

Listing Agent

Joshua Schoenberger

EXP Realty LLC Listed on: 06/26/2025

EXP Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,475

Year Built

  • Built in 1910

Parking

  • Parking Garage Space

Home Design

  • Brick or Stone Mason

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 3-Story Property
  • 2,160 Sq Ft Lot
  • Heating Available

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $480
  • Insurance Expense $2,486
  • Maintenance Expense $500
  • Professional Management Expense $4,036
  • Water Sewer Expense $1,028
  • Operating Expense $16,888
  • Gross Income $57,600
  • Net Operating Income $40,772

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,475

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Townhouse
  • Stories: 3
  • Year Built: 1910
  • LotSizeAcres: 0.05
  • Professional Management Expense: 4036.0
  • Co List Office Mls Id: EXPR2
  • Subdivision Name: Not in Development
  • PropertySubTypeAdditional: Townhouse,Mixed Use
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Stories: 3

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: Parking Garage

Utilities

  • Cooling: Wall/Window Unit(s)
  • Sewer: Public Sewer
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 16888.0
  • Annual Water Sewer Expense: 1028.0

Schools

  • Junior High Dist: Allentown

Lot Info

  • Lot Size Sq Ft: 2160.0
  • Zoning: R-MH

Multi Family

  • Number Of Units Total: 9
  • Electric Expense: 480.0
  • Insurance Expense: 2486.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 40772.0

Tax Info

  • Tax Annual Amount: 5475.0

Map

Range of Values:

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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
06/26/2025 06/26/25 For Sale $589,000 -- --
Source: Greater Lehigh Valley REALTORS®

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Source: Greater Lehigh Valley REALTORS®

MLS Number: 760090

Greater Lehigh Valley REALTORS®
Pennsylvania Lehigh County Allentown 18102 West End Allentown

1501 W Chew St, Allentown, PA

This home is located at 1501 W Chew St, Allentown, PA 18102 and is currently priced at $589,000. This property was built in 1910. 1501 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.

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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.

Nearby Homes
Listing Agent
Joshua Schoenberger
Section Image
EXP Realty LLC
(888) 397-7352