Listing Courtesy of: LEHIGH VALLEY ASSOCIATION OF REALTORS / Century 21 Pinnacle / Frank Renaldi
518 W Tilghman Street Allentown City, PA 18102
Active (3 Days)
$345,000
Description
MLS #:
759942
759942
Lot Size
1,914 SQFT
1,914 SQFT
Type
Multifamily
Multifamily
Year Built
1900
1900
School District
Allentown
Allentown
County
Lehigh County
Lehigh County
Community
Old Frgrnds Historic
Old Frgrnds Historic
Listed By
Frank Renaldi, Century 21 Pinnacle
Source
LEHIGH VALLEY ASSOCIATION OF REALTORS
Last checked Jun 29 2025 at 3:00 AM GMT+0000
LEHIGH VALLEY ASSOCIATION OF REALTORS
Last checked Jun 29 2025 at 3:00 AM GMT+0000
Bathroom Details
- Full Bathrooms: 3
Subdivision
- Old Frgrnds Historic
Heating and Cooling
- Electric
- Gas
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Parking
- Detached
- Garage
- On Street
Stories
- 3
Living Area
- 2,141 sqft
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by C21 Pinnacle and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright © 2025 Greater Lehigh Valley REALTORS® All Rights Reserved.
This fully occupied, income-producing brick 3 unit offers a strong return and hassle-free ownership in the heart of Allentown. With three well-maintained 1-bedroom units, this property generates $34,620 in gross annual income. Tenants enjoy the convenience of public water/sewer, and the property benefits from efficient gas and electric utilities with RUBS implemented to help manage costs.
Key features include:
• Solid brick construction and classic 1900 charm
• Separate electric meters
• Current leases in place through early 2026
• Zoned R-MH in a desirable residential area near transit, dining, and more
• Off-street garage included for unit 1
Whether you’re a seasoned investor or just getting started, this is a rare chance to acquire a stabilized asset in a growing rental market. Low property taxes and strong tenant history make this a must-see. Schedule your private showing today—48 hours’ notice preferred.