Homes for sale - 735 CHESTNUT ST, Allentown, PA 18101

Kevin Heselbach

Associate Broker | License ID: 603734

GET MORE INFORMATION

We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

$ 925,000

$ 999,900 7.5%

Est. payment -/mo

Sold on 11/21/2024

735 CHESTNUT ST Allentown, PA 18101

1,658 SqFt

UPDATED:

Key Details

Sold Price $925,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 1,658 sqft

Price per Sqft $557

MLS Listing ID PALH2009722

Sold Date 11/21/24

Originating Board BRIGHT

Year Built 1905

Annual Tax Amount $2,488

Tax Year 2022

Lot Size 1,003 Sqft

Acres 0.02

Lot Dimensions 17.92 x 56.00

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.

Location

State PA

County Lehigh

Area Allentown City (12302)

Zoning B-2

Interior

Hot Water Electric

Heating Radiator

Cooling None

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Septic

Water Public

New Construction N

Schools

School District Allentown

Others

Tax ID 640701307431-00001

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

Listed by Patrick Ruddell • Keller Williams Real Estate - Allentown
Bought with Lindsey Tilton • River Valley Realty, LLC

Kevin Heselbach

Associate Broker | License ID: 603734

+1(301) 501-2463

GET MORE INFORMATION