Calling all investors! Well-maintained 4-unit property in the heart of Allentown with long-term tenants already in place and below-market rents offering strong upside potential. 1227 W Chew Street and 312 N Jefferson Street present a unique opportunity—two separately addressed buildings on one parcel. The front building features two units: a 2-bedroom on the first floor and a spacious 3-bedroom (potential 4-bedroom) spanning the second and third floors. The rear building includes two 1-bedroom units. Tenants currently pay all utilities, keeping operating expenses low. Ideal for a buy-and-hold investor looking to increase rents over time or an owner-occupant seeking to live in one unit while generating income from the others. Property will be delivered with a Clear Certificate of Occupancy from the City of Allentown.
Listing courtesy of Coldwell Banker Hearthside. Contact:
Selling Office: IronValley RE of Lehigh Valley.The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. The information being provided is for consumes personal, non-commercial use and may not be used for any purpose. Information is deemed reliable but not guaranteed. Copyright 2026 Greater Lehigh Valley REALTORS®.