USAPAAllentownNot in Development542 W Walnut St
Front of building | Image 1
Beautiful front entrance | Image 4
Main doors / vestibule with mailboxes | Image 5
Vestibule and security door | Image 6
1st floor hallway from main entrance | Image 7
Front apt-living room | Image 8
Front apt-living room | Image 9
Front apt-eat-in-kitchen | Image 10
Front apt-eat-in-kitchen | Image 11
Front apt-bedroom | Image 12
Front apt-bathroom | Image 13
2nd floor hallway | Image 14
Rear apt-entrance hall | Image 15
Rear apt-large living/dining room | Image 16
Rear apt-large living/dining room | Image 17
Rear apt-bedroom | Image 18
Rear apt-bedroom | Image 19
Rear apt-kitchen | Image 20
Rear apt-kitchen | Image 21
Rear apt-bathroom | Image 22
Rear apt-bathroom | Image 23
Rear apt-bathroom | Image 24
Rear apt-entrance hall | Image 25
Stairs to the 3rd floor | Image 26
Basement-gas meters | Image 27
Basement-gas furnaces | Image 28
Basement | Image 29
Basement-electric separation | Image 30
Basement-rear portion is above ground | Image 31
Clean and fenced side yard with access to rear yard | Image 32
Fenced rear yard | Image 33
Side yard showing fire escape | Image 34
Side yard showing fire escape | Image 35
Front of building from across the street | Image 36
Walnut Street Commons (new building) across the street | Image 37
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Added 2 months ago

$675,000

542 W Walnut St, Allentown, PA

Condo

For Sale

Listed price in listed location currency (USD).
$675,000

Added 2 months ago

004541 sqft0
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 4541 sqft
Garage No
HOA Fees 
Taxes $6,641
Days Active 53
Approx. Age 1895
Avg. Price Per Sqft $148
MLS® Number 757173

Property Address: 542 W Walnut St, Allentown, Pennsylvania

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to this completely updated, solid brick, 5 unit investment property, with hardwood floors everywhere. Tenants enjoy gas heat and cooking at their expense and ceiling fans for cooling. This building is across from City Center's new Walnut Street Commons, which has an attached parking garage*. All apartments have been upgraded with new appliances (SS fridges and new stoves), counter tops, tile bathrooms, ceiling fans and window blinds and are easy to rent. The pride of ownership shows in the clean and well maintained exterior and interior common spaces. Durable carpeting and rubber tread-protectors on the stairs help preserve the original hardwood. Security cameras both inside and outside, plus good exterior lighting add to the attractiveness of this building for tenants. The side yard and rear yard are fenced and locked, and the large fire escape provide a safe exit for all units. Large clean basement runs the length of the building and has access through a rear door under the 1st floor rear unit. Priced at a 7.2% CAP rate using current rents, there is upside in the rents to bring them to market rate. Proof of funds required prior to scheduling a tour. Tour offering times are limited due to schedules. Please call listing agent to discuss. Please do not try to gain access to the building, the yard, or bother the tenants. *The parking deck allows public parking. Check with the Allentown Parking Authority for monthly pass availability.
MLS® Number757173
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1895
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas, Hot Water
A/CCeiling Fans
Heating Fuel

Extras

542 W Walnut St, Allentown, PA

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