501 West Chew Street Allentown, PA 18102

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ATTENTION INVESTORS! TWO UNIT Corner property will be a great add to your investment portfolio with an 8% CAP currently and room to asset manage rents to provide more cashflow. Unit 1 is a large one bedroom and Unit 2 is a large two bedroom both with longer term tenants. Ease of renting as property is right next to St Luke's medical facilities and walking distance to all that Center City Allentown has to offer. Annual gross rent is $26, 640. Low property taxes at only $2543 per year. Property has one brand new gas furnace replaced in 2024. All utilities are separated and tenants also pay for trash in their rent. Property is being sold "as is" and buyer will be responsible for the city of Allentown CO repairs.