543 Chestnut ST, Emmaus Boro, PA 18049
543 Chestnut ST, Emmaus Boro, PA 18049
543 Chestnut ST, Emmaus Boro, PA 18049
543 Chestnut ST, Emmaus Boro, PA 18049
543 Chestnut ST, Emmaus Boro, PA 18049
543 Chestnut ST, Emmaus Boro, PA 18049
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$ 386,000
Est. payment | /mo

4 Beds

3 Baths

2,564 SqFt


Save
$ 386,000
Est. payment | /mo
Save

4 Beds

3 Baths

2,564 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 2,564 sqft

Price per Sqft $150

Subdivision Not In Development

MLS Listing ID 783961

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1890

Annual Tax Amount $6,128

Lot Size 6,359 Sqft

Acres 0.146

Lot Dimensions 32.64 x 196

Property Sub-Type Detached

Property Description

**Pls try to have offers in by Wednesday, 5pm, for offer presentation to seller on Thursday!** INVESTMENT OPPORTUNITY in the heart of Emmaus! This distinctive property offers TWO separate residences on one parcel, providing an excellent opportunity for an investor seeking established rental income, or an owner-occupant looking to live in one and rent the other. The front yellow house is currently leased through December 2026, while the charming red-brick carriage house has been rented by the same tenants since 2018. Rental income here is clearly a winner compared to the expected mortgage.

The property has benefited from numerous improvements and updates. Both asphalt shingle roofs were replaced in 2021, including replacement of plywood as needed, and the flat roof was replaced in 2018. The yellow house received a major renovation in 2020. A new Carrier gas furnace was installed in 2026, along with a new refrigerator in 2024 and gas range in 2023. The red-brick carriage house features a new natural-gas range (2024), Bradford White natural-gas water heater and expansion tank (2026), washer and dryer (2024), dishwasher (2021), and plumbing and faucet improvements (2025). A mini-split system was installed in 2019 to provide cooling and supplemental heating.

Each residence has its own electric and water/sewer meter, with tenants responsible for their own electric and reimbursing the landlord for water/sewer—helping keep owner-paid operating expenses manageable. Landlord-paid expenses include insurance, trash service, & lawn care. Tenants handle their own snow removal.

The property also offers valuable recent exterior maintenance, including tree trimming in 2026. Sections of the front sidewalk that are heaving are scheduled to be replaced by the landlord.

All appliances are owned by the seller and remain with the property, including refrigerators, ranges, microwave, washers, dryers, and dishwashers.

With established rental history, separate utilities, substantial recent improvements, and two distinct living spaces, 543 Chestnut Street presents an attractive opportunity to add a versatile income-producing property to your portfolio. Conveniently located in Emmaus with easy access to local shopping, dining, parks, schools, and major routes.

Location

State PA

County Lehigh

Area Emmaus

Direction From the Emmaus triangle, heading W, pass 5th Street. Home is on R.

Interior

Interior Features Fireplace

Heating Forced Air, Gas

Cooling Central Air

Flooring Carpet, Hardwood

Fireplace Yes

Appliance Disposal

Laundry Washer Hookup

Exterior

Parking Features Built In, Garage, Off Street, Parking Pad, On Street

Water Access Desc Public

Porch Patio

Total Parking Spaces 4

Garage Yes

Building

Story 3

Sewer Public Sewer

Water Public

Schools

School District East Penn

Others

Senior Community No

Tax ID 549455240242001

Special Listing Condition None

Listed by Keller Williams Allentown

Nearby Locations

Main Street Real Estate Group

Contact Me For More Information!

+1(610) 365-1362

info@mainstbethlehem.com

446 Main St, Bethlehem, PA 18018, USA

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543 Chestnut ST