175 West Tilghman Street
Allentown City, PA 18102
- 7 beds
- 3.5 baths
- 3,246 sqft
- 2,500 sqft lot
- $120 per sqft
- 1952 build
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!
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Last updated Mar 27, 2025
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MLS# 754602 —
The Building
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Year Built:1952
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Construction:Brick
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Stories:3.0
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SqFt:3,246 Sqft
Location
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Area:Allentown-Central
The Property
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Property Type:Investment Property
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Property Subtype:Investment Property
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Property Subtype Category:Apartment Style, Complex
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Zoning Code:R-MH-MEDIUM HIGH DENSITY RESIDENTIAL
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Lot SqFt:2500
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Acres:0.057
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Bedrooms:7
Baths
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Baths:4
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Full Baths:3
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Half Baths:1
Heating & Cooling
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Heat:No
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Cooling:No Air
Utilities
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Water:Public
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Water/Sewer:525
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Sewer:Public
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Gas:No
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Electric:No
Schools
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School District:Allentown
The Community
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Subdivision:Not in Development
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Association:Lehigh Valley MLS
Parking
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Parking Spaces:1
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Garage:Detached
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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3/27/25
Mar 27, 2025
|
Listed / Active | GLVR | $389,900 |