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1501 W CHEW Street
ALLENTOWN PA 18102 US

$588,900

Active Listing ID PALH2012462
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Lot: 0.05 Acres
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Other

$588,900

Active Listing ID PALH2012462
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1501 W CHEW Street Immediate income with upside: this cash flowing, fully rented 9-unit mixed-use brick property is offered with a clear Certificate of Occupancy from the City-no work required. Situated on a visible corner in the desirable West End, this turn-key investment features a balanced mix of residential, commercial, and garage income streams. The property includes (2) true two-bedroom apartments, (1) studio/one-bedroom apartment, a long-term updated nail salon tenant, and (5) single-bay garages. Current Gross Income is $57, 660 with Operating Expenses of only $9, 901, producing an Actual Net Operating Income of $47, 759 @ full occ, self-managed. Projected Gross climbs to $67, 560. Residential units feature hardwood floors and solid layouts, while the commercial space is updated, attractive, and leased to a reliable long-term tenant. Additional upside potential exists by converting the large basement workroom into tenant storage and coin-operated laundry, further increasing revenue. With durable brick construction, efficient expense structure, diversified income from apartments, commercial, and garages, and compliance already cleared with the city, this property offers investors immediate cash flow, minimal risk, and long-term appreciation. A rare opportunity to acquire a stabilized, high-performing West End Allentown investment with upside built in.

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Other
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s)
  • Heating Fuels: Electric (Heating), Baseboard

School Information

  • School
  • BUILDING 21 ALLENTOWN(HighSchool)

Property

  • propertytype: Other
  • propertysubtype: Other
  • listprice: 588900
  • unparsedaddress: 1501 W CHEW Street
  • postalcity: ALLENTOWN
  • stateorprovince: PA
  • country: US
  • postalcode: 18102
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.05
  • lotsizeunits: Acres
  • lotsizearea: 0.05
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.60212
  • longitude: -75.49027
  • listagentfullname: james J Reardon
  • listagentemail: jimjrreardon@gmail.com
  • listagentkey: 3yd-TRENDPA-3313981
  • listagentmlsid: 3313981
  • listagentpreferredphone: 4848662495
  • listagentofficephone: 4848662495
  • listofficekey: 3yd-TRENDPA-EXPCOMM1
  • listagentstatelicense: RS342638
  • listofficemlsid: EXPCOMM1
  • disclaimer: Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1910
  • listingcontractdate: 2025-08-04
  • listagenturl: https://de.exprealty.com/
  • countyorparish: LEHIGH
  • highschool: BUILDING 21 ALLENTOWN
  • elementaryschooldistrict: ALLENTOWN
  • middleorjuniorschooldistrict: ALLENTOWN
  • highschooldistrict: ALLENTOWN
  • cooling: Window Unit(s)
  • constructionmaterials: Brick
  • heating: Electric (Heating), Baseboard
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 8
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.49027, 40.60212
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jimjrreardon@gmail.com", "ListBrokerageCity":"Dover", "ListBrokerageCountry":"US", "ListBrokerageEmail":"lisa.lowe@exprealty.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TRENDPA/9ba39041ac2411eb87ce0242ac110007/20210603120909125.png", "ListBrokerageName":"EXP Realty, LLC", "ListBrokeragePhone":"(443) 864-2772", "ListBrokeragePostalCode":"19901", "ListBrokerageStateOrProvince":"DE", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"144 Kings Highway, Suite 301", "ListBrokerageWebsiteUrl":"https://de.exprealty.com/", "ListOfficeAddress1":"630 Freedom Business Ctr Drive unit: 300 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"EXPCOMM1", "ListOfficeCity":"King of Prussia", "ListOfficeCountry":"USA", "ListOfficeEmail":"lisa.lowe@exprealty.net", "ListOfficePostalCode":"19406", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - ALLENTOWN, PA", "ListingURL":null, "MLSModificationTimestamp":"2025-10-15 15:47:46", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4094, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/15/2025 4:06:15 PM GMT
Source Updated Date: 12/5/2025 6:45:57 AM GMT

Courtesy of: james J Reardon, eXp Commercial, jimjrreardon@gmail.com

Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.