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735 Chestnut Street

ALLENTOWN, PA 18101
  • $999,900
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: PALH2009722
UPDATED: 45 min ago
$999,900
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1905
County:

School Ratings & Info

School District:

Description

VIEWING SATURDAY THE 7th. READ IN FULL FOR DETAILS. This is building #3 of a 3-package investment portfolio. This is a rare find for investors as these buildings are some of the last legally grandfathered Rooming Houses in Allentown. This incredible portfolio expansion consists of 21 guest rooms within the 3 buildings. These rooms are consistently filled and most are long-term guests giving the new owner even more possibilities for higher future income. A breakdown of all costs and details is available upon request or from your agents. The other 2 property addresses that are included are 387 West Turner St (MLS #PALH2009718) and 625 W Allen St. (MLS #PALH2009720) There will only be 2 Days/Times to view all 3 buildings. VIEWINGS WILL BE: September 6th Friday and the 7th Saturday. We will be starting at 387 W Turner St... Anyone who would like to walk through the buildings will need to meet at 387 W Turner St. first between 10:30 and 10:55 AM... No exceptions, and no private viewings due to the number of tenant guests. All properties will come with a cleared CO before settlement unless otherwise negotiated. Agents: detailed info and instructions are attached to each MLS listing.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Julie Robinson and Mark Smith Associates | RE/MAX Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-09-18T14:54:03.683.
www.julieandmarkhomes.com/homes/154547134
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735 Chestnut Street ALLENTOWN, PA 18101

  • Price: $999,900
  • Status: Active
  • On Site: 15 Days
  • Updated: 45 min ago
  • ID#: PALH2009722
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1905
Built
Neighborhood:
Allentown City (12302)
County:
Lehigh
Area:
Allentown City (12302)
School District:
Allentown
Property Description
VIEWING SATURDAY THE 7th. READ IN FULL FOR DETAILS. This is building #3 of a 3-package investment portfolio. This is a rare find for investors as these buildings are some of the last legally grandfathered Rooming Houses in Allentown. This incredible portfolio expansion consists of 21 guest rooms within the 3 buildings. These rooms are consistently filled and most are long-term guests giving the new owner even more possibilities for higher future income. A breakdown of all costs and details is available upon request or from your agents. The other 2 property addresses that are included are 387 West Turner St (MLS #PALH2009718) and 625 W Allen St. (MLS #PALH2009720) There will only be 2 Days/Times to view all 3 buildings. VIEWINGS WILL BE: September 6th Friday and the 7th Saturday. We will be starting at 387 W Turner St... Anyone who would like to walk through the buildings will need to meet at 387 W Turner St. first between 10:30 and 10:55 AM... No exceptions, and no private viewings due to the number of tenant guests. All properties will come with a cleared CO before settlement unless otherwise negotiated. Agents: detailed info and instructions are attached to each MLS listing.
Exterior Features

Construction Materials Brick Garage YN No Parking Types On Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1658.00 Cooling None Heating Radiator Heating YN Yes Net Square Feet 1693.00

Property Features

Acceptable Financing CashConventionalOther Accessibility Features None Central Air YN No Cooling Fuel None Gross Income 146260.00 Heating Fuel Natural Gas Hot Water Electric Municipality ALLENTOWN CITY Navigable Water YN N Net Operating Income 102590.00 New Construction YN No Number Of Units Total 1 Original MLSNumber 803318483656 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Septic Tax Annual Amount 2488.00 Tax Lot 37 Vacation Rental YN No Water Source Public Zoning B-2

Listing courtesy of Keller Williams Real Estate - Allentown: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Julie Robinson and Mark Smith Associates | RE/MAX Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-09-18T14:54:03.683.
 
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Julie Robinson and Mark Smith Associates | RE/MAX Realty Group
9711 Washingtonian Blvd. Suite 160
North Potomac MD, 20878