520 522 524 West Chew Street
Allentown, PA 18102

$525,000

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Status Active
Listing MultiFamily
Style Other
Year Built 1890
MLS® 609889
Original Listing Open Link
MultiFamily For Sale
16 beds
8 bathrooms

Property Features
Attention Investors! 10% cap rate on this 8 Unit Building & Parking Lot with 6 Parking Spaces. Buildings include 3 parcels:(520 Chew St & 522-524 Chew St) Parking: (243 N. Law St). Property is occupied Sec 8 history. Well maintained, city inspected and approved. (7) 2BR Apartments rented through the Section 8 MRP Program, (1) 1 BR Apartment rented as Fair Market Unit. Parking spaces in rear of property provide additional revenue with spaces being rented to existing tenants for a fee of $25 per month. Parking lot is monitored by the Local Parking Authority for a minor yearly fee. Tenants are responsible for Electric & Gas. Landlord pays Water, Sewer & Trash. Schedule a showing today!
Key Features
Beds 16
Full Baths 8
House Size 81136 Sq. Ft.
Property Type MultiFamily
Year Built 1890
Style Other
Stories 3.0
Parking Spaces 6-car
Interior Features
Total Sq. Ft. 81136 Sq. Ft.
Heating Natural Gas
Cooling Window Unit(s) A/C
Exterior Features
Roof Unknown
Parking Spaces 6-car
Parking Type Parking Lot, Paved or Surfaced
Street Parking No
The Neighborhood
County Lehigh

Disclaimer: Copyright © 2019 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Interested in this listing?
Listing Agent
Barbara Detres
Harvey Z Raad Real Estate
Direct: 570-778-8951
Broker: (610) 433-5551
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
Contact
Listing Agent
Barbara Detres
Harvey Z Raad Real Estate
Direct: 570-778-8951
Broker: (610) 433-5551
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
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Information deemed reliable but not guaranteed. All measurements are approximate. MLS® numbers are provided where available. NewPoint Media Group, LLC is not affiliated or associated with The Canadian Real Estate Association or any other owner of the MLS® word or design mark in any geographic area.