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Mike Smutz

mike@mikesmutz.com +1(610) 839-7654

$550,000

Est. payment - /mo

7 Beds

4 Baths

3,976 SqFt

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,976 sqft

Price per Sqft $138

Subdivision Not In Development

MLS Listing ID 775758

Bedrooms 7

Full Baths 4

Construction Status Unknown

HOA Y/N No

Year Built 1890

Annual Tax Amount $7,000

Lot Size 2,395 Sqft

Acres 0.055

Property Sub-Type Apartment

Property Description

Calling all investors! Well-maintained 4-unit property in the heart of Allentown with long-term tenants already in place and below-market rents offering strong upside potential. 1227 W Chew Street and 312 N Jefferson Street present a unique opportunity—two separately addressed buildings on one parcel. The front building features two units: a 2-bedroom on the first floor and a spacious 3-bedroom (potential 4-bedroom) spanning the second and third floors. The rear building includes two 1-bedroom units. Tenants currently pay all utilities, keeping operating expenses low. Ideal for a buy-and-hold investor looking to increase rents over time or an owner-occupant seeking to live in one unit while generating income from the others. Property will be delivered with a Clear Certificate of Occupancy from the City of Allentown.

Location

State PA

County Lehigh

Area Allentown-Central

Direction W on Tilghman - L on N 12th - R on Chew

Interior

Heating Baseboard, Electric

Cooling None

Fireplace No

Exterior

Parking Features On Street

Utilities Available Cable Available

Water Access Desc Public

Porch Patio

Building

Story 3

Sewer Public Sewer

Water Public

Construction Status Unknown

Schools

School District Allentown

Others

Senior Community No

Tax ID 549770385094001

Security Features Smoke Detector(s)

Special Listing Condition None

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Listed by Coldwell Banker Hearthside

Nearby Locations

GET MORE INFORMATION

+1(610) 839-7654

mike@mikesmutz.com

http://www.mikesmutz.com/

Office No. 873 325-41 Chestnut St, Ste 800, Philadelphia, PA, 19106

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1227 W Chew ST Allentown City, PA 18102