723 Chestnut Street, Allentown City PA 18102 Photo 1 723 Chestnut Street, Allentown City PA 18102 Photo 2 723 Chestnut Street, Allentown City PA 18102 Photo 3 723 Chestnut Street, Allentown City PA 18102 Photo 4 723 Chestnut Street, Allentown City PA 18102 Photo 5 723 Chestnut Street, Allentown City PA 18102 Photo 6 723 Chestnut Street, Allentown City PA 18102 Photo 7

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723 Chestnut Street - ATTENTION INVESTORS! Three bedroom/One Bath End of Row yielding 12% CAP Rate. Property is being sold "as is" but will have a clear CO from the City of Allentown. Located in the B-2 Business District property has lots of future potential. Only a few steps from the bus terminal, PPL Center, shopping and restaurants. Also being offered as a package deal for all three properties on the same street--see MLS # 583633 abd #580552 for $210,000 yielding a CAP Rate of 12% and collecting rents of $3075 per month with tenant paying all utilities.

Listing information

  • MLS® ID: 580553
  • Beds: 3
  • Stories: 2
  • Total Square Footage: 1,128 ($64.63 per sq. foot)
  • Estimated Annual Taxes: $1,742
  • Subdivision: Not in Development
  • Style: Multi-Family
  • Baths: 1 (Full: 1 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Lot Area: 0.03 Acres
  • County: Lehigh
  • Year Built: 1905
  • Status: Active
  • Foreclosure: No
  • Lot Size: 19x58
  • School District: Allentown

Features

Area Allentown Central
Construction Aluminum, Brickote
Cooling No Air
Other Electric - 0, Gas - 0, Gross Income - 12540, Heat - 0, Net Income - 9898, Operating Expense - 0, Other Expenses - 0, Water/Sewer - 0, Zoning Code - B-2
Parking None
Property Category Detached
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Bhhs Fox & Roach - Coopersburg