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Aryan Frizhandi

aryan.frizhandi@lnf.com +1(202) 899-0069

$ 999,900

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Under Contract

735 CHESTNUT ST Allentown, PA 18101

1,658 SqFt

UPDATED:

10/03/2024 12:20 PM

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

Parking Type On Street

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

Aryan Frizhandi

Agent

+1(202) 899-0069

Aryan Frizhandi

735 CHESTNUT ST Allentown, PA 18101

Key Details

Location

Interior

Exterior

Building

Schools

Others

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735 CHESTNUT ST