1318 Chew St #1320, Allentown, PA 18102

A great opportunity to purchase in two clean, well maintained, fully occupied investment properties on a single deed in Allentown near Franklin Park. The 1318 address is a three-story home with 4 bedrooms and 2 full baths. The 1320 address is a three-story multi-unit building with a commercial space on the first floor and two very large 4 / 5 bedroom apartments on the second and third floors, each with 2 full baths. The commercial space is currently leased as storage space by a business owner. The home and apartments are in continuous demand and one unit was completely remodeled in 2018. The home is electric heat, and the apartments are gas heat. Tenants pay utilities. Priced at an 8% CAP Rate based on currently rents and expenses. All rents are below market for this area and the size of the units. Call for your showing today.