If you are a savvy investor looking for your next venture then look no further. Here at 1318 Chew St, we have an amazing opportunity for you to step into a LARGE complex which needs some final touches. There are 3 cash flowing rental units occupied which generates over $32,000 annual gross income with room to expand. Each one of these rental units provides 4+ bedrooms with the opportunity to increase value by dressing up the units and also finishing the commercial section. There is a MASSIVE commercial 4000sq ft + suite that needs to be finished. Some of the ideas are creating a grocery store for the local community, create a storage unit for the local residents, or let your imagination roam free (Pending city approvals of course).
Off market
$686,000
1318 W Chew St, Allentown, PA 18102
--beds
0baths
10,823sqft
MultiFamily
Built in 1900
-- sqft lot
$686,000 Zestimate®
$63/sqft
$1,551 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric, Gas
Appliances
- Laundry: Wash/Dry Hook-ups
Interior area
- Total interior livable area: 10,823 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 4,356 sqft
Details
- Zoning: R-Mh-Medium High Density Residential
- Zoning description: R-Mh-Medium High Density Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Both Halves
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public
- Water: Public
Community & neighborhood
Location
- Region: Allentown
Other
Other facts
- WaterSource: Public
- StoriesTotal: 3.0
- FireplaceYN: true
- Heating: Electric, Gas
- HeatingYN: true
- NumberOfUnitsTotal: 3
- ArchitecturalStyle: Both Halves
- ConstructionMaterials: Brick
- PetsAllowed: No
- LivingAreaSource: Tax Records
- GrossIncome: 38400
- LotDimensionsSource: Tax Records
- LotSizeSource: Tax Records
- AboveGradeFinishedAreaSource: Tax Records
- Cooling: No Air
- BuildingFeatures: Hardwood, Wash/Dry Hook-ups, Fireplace
- Sewer: Public
- LaundryFeatures: Wash/Dry Hook-ups
- Zoning: R-Mh-Medium High Density Residential
- ZoningDescription: R-Mh-Medium High Density Residential
- OperatingExpense: 2700
- MlsStatus: Available
- NetOperatingIncome: 29200
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$686,000
2% more+$13,720
With Zillow Showcase(estimated)$699,720