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Sold for $585,000
  • $585,000

    1502 Chew St, Allentown, PA 18102

    7beds
    --sqft
    Mixed Use, Multi Family, Apartment
    Built in 1913
    -- sqft lot
    $635,300 Zestimate®
    $--/sqft
    $1,882 Estimated rent

    Home value

    $635,300

    $578,000 - $692,000

    $1,882/mo

    Zestimate® history
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    $1,882/mo

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    $3,810/mo

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    $3,810/mo

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    What's special

    Diverse retail optionsModern livingCurrent netUpdated interiorsHealthcare facilities
    Invest in a distinguished 5-unit mixed-use building, marrying historical significance with modern living. Property hosts four residential units boasting updated interiors and contemporary comforts—three 2-bedroom apartments and one 1-bedroom apartment, each with their own unique appeal. All residences are responsible for their electricity. Anchoring this investment is commercial space on the ground floor, previously a popular vegan dining venue, offering eat-in and take-out services.This space can not accommodate fryers, commercial vents or grills. Poised for growth, the property currently has below-market rents, signaling potential for enhanced yield. *GROSS INCOME 81,000*53, 838 CURRENT NET, Its prime location stands out, situated in the historic West End and in close proximity to Muhlenberg College, healthcare facilities, and the Theater District. Residents have immediate access to public transit, diverse retail options, and a variety of eateries. This is an opportunity to secure an asset with both character and untapped financial promise in a vibrant neighborhood !!!!Click on video to view and schedule your appointment!

    Zillow last checked:

    Listing updated:

    Listed by:

    Paula J. Meilinger 610-739-0545,

    BHHS Fox & Roach Macungie

    Bought with:

    Brandon Urzua, RS360713

    Weichert Realtors - Allentown

    Source: GLVR,MLS#: 735308MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Electric, Gas
    Cooling
    • None
    Features
    • Balcony
    • Flooring: Hardwood

    Property

    Features
    • Stories: 3
    • Patio & porch: Patio
    Details
    • Parcel number: 549750906760 001
    • Zoning: R-Mh-Medium High Density
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use, Multi Family, Apartment
    Materials
    • Brick
    Condition
    • Unknown
    • Year built: 1913

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Fire Escape
    Location
    • Region: Allentown
    • Subdivision: West Park Historic

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    9/16/2024Sold$585,000-10%
    Source: GLVR #735308 Report a problem
    5/17/2024Pending sale$650,000
    Source: GLVR #735308 Report a problem
    4/2/2024Listed for sale$650,000-10.3%
    Source: GLVR #735308 Report a problem
    10/19/2022Listing removed--
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS Report a problem
    10/17/2022Listed for sale$725,000+16.9%
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #703075 Report a problem
    9/2/2021Sold$620,000+31.9%
    Source: Public Record Report a problem
    2/28/2021Listing removed--
    Source: PMAR Report a problem
    2/15/2021Listed for sale$470,000+270.1%
    Source: Poconos Properties Real Estate, Inc. #PM-84956 Report a problem
    4/8/2002Sold$127,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,104 $259,200
    2024$14,104 $259,200
    2023$14,104 $259,200
    2022$14,104 +3.4%$259,200
    2021$13,646 +1.5%$259,200
    2020$13,438 +11279.6%$259,200
    2019$118 +1.6%$259,200
    2018$116 $259,200
    2017-- $259,200
    2016-- $259,200
    2015-- $259,200 +253.4%
    2010-- $73,350
    2009-- $73,350
    2007-- $73,350
    2006-- $73,350
    2005-- $73,350
    2004-- $73,350
    2003-- $73,350

    Find assessor info on the county website

    Neighborhood: West Park Historic District

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Allentown

    Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $635,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $635,300