127 Chestnut Street, Allentown City PA 18101 Photo 1 127 Chestnut Street, Allentown City PA 18101 Photo 2 127 Chestnut Street, Allentown City PA 18101 Photo 3 127 Chestnut Street, Allentown City PA 18101 Photo 4 127 Chestnut Street, Allentown City PA 18101 Photo 5 127 Chestnut Street, Allentown City PA 18101 Photo 6 127 Chestnut Street, Allentown City PA 18101 Photo 7 127 Chestnut Street, Allentown City PA 18101 Photo 8 127 Chestnut Street, Allentown City PA 18101 Photo 9 127 Chestnut Street, Allentown City PA 18101 Photo 10 127 Chestnut Street, Allentown City PA 18101 Photo 11 127 Chestnut Street, Allentown City PA 18101 Photo 12 127 Chestnut Street, Allentown City PA 18101 Photo 13 127 Chestnut Street, Allentown City PA 18101 Photo 14 127 Chestnut Street, Allentown City PA 18101 Photo 15 127 Chestnut Street, Allentown City PA 18101 Photo 16 127 Chestnut Street, Allentown City PA 18101 Photo 17

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127 Chestnut Street - Near Waterfront Redevelopment zone. LONG TERM tenant. Turn key money-maker. 4 Bedroom home. LOW TAXES $1423. Tenants pay ALL utilities and maintain the property! GREAT RETURN ON INVESTMENT! 16 CAP rate. Tucked away on a quiet block, this well maintained and thoroughly upgraded home is ideal for an Owner Occupant who wants a great deal on a Move In condition home, or an Investor seeking a money maker that is set up for long term profits. The only thing permanent is change, and Change is Happening in Allentown! The Waterfront is being transformed to a location most won't recognize in years to come. Spacious rooms, excellent condition, efficient heat system, newer rubber roof, upgraded electric, fenced yard and perfectly located for easy rents and future appreciation potential! Out of respect for excellent, long term tenants, please allow 24 hour notice for showings.

Listing information

  • MLS® ID: 550867
  • Beds: 4
  • Stories: 3
  • Total Square Footage: 1,442 ($41.54 per sq. foot)
  • School District: Allentown
  • Style: Multi-Family
  • Baths: 1 (Full: 1 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Estimated Annual Taxes: $1,422
  • Subdivision: Not in Development
  • Year Built: 1900
  • Status: Active
  • Foreclosure: No
  • County: Lehigh

Features

Area Allentown Central
Construction Brick
Cooling No Air
Other Electric - 0, Gas - 0, Gross Income - 10800, Heat - 0, Net Income - 9865, Operating Expense - 0, Other Expenses - 0, Water/Sewer - 0, Zoning Code - R-Mh
Parking None
Property Category Semi Detached
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Bellman & Radcliff