28 days on rocket

1502 Chew St, Allentown City, PA, 18102

$650,000

Home List Price

$7,719*

Closing Credit

7 Bedrooms
7 Full Baths
Condo
Schools Nearby

Location

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1502 Chew St, Allentown$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1913
HeatingElectric, Natural Gas
CoolingNone
MLS #735308
StatusActive

About 1502 Chew St

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 an established commercial space on the ground floor, featuring a popular vegan dining venue, offering eat-in and take-out services. 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. OFFERED AT A 8.3 CAP this is a no brainier. 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!

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Stories: 3

Listing Office:

  • Office Name: BHHS Fox & Roach Macungie
  • Office Phone: (484) 519-4444

Interior Features

Interior Information:

  • Flooring Type: Hardwood
  • Interior: Balcony

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • William Allen High School, Public District Grades 9-12
  • Francis D. Raub Middle School, Public District Grades 6-8
  • Ramos Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Hamilton Blvd towards Center City Allentown, L onto N 15th St, property is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
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Housing Market Comparison

See how this home compares to others in Allentown, PA.

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Allentown, PA

City

Med. Sold Price

$270K

Med. Price/SqFt

$156

Avg. Days On Market

24

# of Sold Homes

109

1502 Chew St vs Allentown

28 DAYS ON ROCKET

+4 Days

$650,000

+$380K More

KEY TAKEAWAY

This property is $380K more than the Median Sold Price in Allentown, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HIGH
  • MLS Number: #735308

Listing Office:

  • Office Name: BHHS Fox & Roach Macungie
  • Office Phone: (484) 519-4444

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2024 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 5:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4051006
3
/10

  • Ramos Elementary School

  • 1430 W Allen St

  • 0.30 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4051007
1
/10

  • Francis D. Raub Middle School

  • 102 S Saint Cloud St

  • 0.54 miles

  • Public District Grades 6-8

High School

school-card-donut-4051008
2
/10

  • William Allen High School

  • 106 N 17th St

  • 0.29 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,722. Most Allentown, PA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1502 Chew St

What is the listing price of this property?

The listing price of 1502 Chew St property is $650,000.

What type of property is this?

The property 1502 Chew St is a condo located in Allentown City, Pennsylvania, 18102.

Is this property for sale now?

Active Listing: 1502 Chew St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1502 Chew St are:
Ramos Elementary School: GreatSchools Rating 3/10
Francis D. Raub Middle School: GreatSchools Rating 1/10
William Allen High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 1502 Chew St has 7 bedrooms and 7 bathrooms.

Which year was this property built?

The year of construction for 1502 Chew St is 1913.

Rocket Homes›Pennsylvania›Lehigh County›Allentown›18102›1502 Chew St

This home is located at 1502 Chew St in Allentown City, PA and zip code 18102 in the West End neighborhood. This home was built in 1913. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $650,000.

Allentown, PA housing market in March 2024 saw over 54 listings sold above listed price, more than 18 sold at listed price and over 37 sold below. In March 2024 in Allentown, PA there were 5.7% less homes for sale than in February 2024. Listings spent 24 days on the market in March 2024, and had a median list price of $270,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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