735 CHESTNUT ST Under Contract Save Request In-Person Tour Request Virtual Tour
Allentown,PA 18101
Key Details
Property Type Commercial
Sub Type Other
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,658 sqft
Price per Sqft $603
MLS Listing ID PALH2009722
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