175 W Tilghman Street, Allentown, PA 18102 (MLS # 754602)
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Prime Investment Opportunity in the Heart of Allentown! This well-maintained, high-performing 3-unit property offers immediate cash flow, strong equity potential, and minimal landlord expenses, making it a rare and lucrative find. Ideally located next to the city's exciting waterfront redevelopment, it provides unbeatable access to major roadways, top-rated dining, entertainment, and both public and private schools. The first unit is a spacious 4-bedroom, 1.5-bath home, rented to a long-term tenant at $1,781/month, while the second unit features a charming 2-bedroom, 1-bath layout, currently leased at $875/month. The third unit, a cozy 1-bedroom, 1-bath apartment, sits above a 1-car garage, renting for $1,150/month, with potential to add even more value by utilizing the garage for extra parking or storage income. With stable, guaranteed rental income from two assisted leases and additional room for rent increases, this low-maintenance, well-situated property is a fantastic opportunity for both seasoned and first-time investors. Don't miss out on this exceptional investment"”it won't last long!
| DAYS ON MARKET | 4 | LAST UPDATED | 3/27/2025 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1952 |
| COMMUNITY | Allentown-Central | COUNTY | Lehigh |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Allentown |
|---|
| ADDITIONAL DETAILS | |
| AREA | Allentown-Central |
|---|---|
| CONSTRUCTION | Brick |
| LOT | 2483 sq ft |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Not in Development |
| WATER | Public |
| ZONING | R-MH-MEDIUM HIGH DENSITY RESIDENTIAL |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Mamari Realty
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Data last updated: 3/31/25 1:58 AM PDT
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