1. Pennsylvania
2. Allentown City
3. 518 West Tilghman Street

518 West Tilghman Street, Allentown City, PA 18102

• 3 beds |
• 3 baths |
• 2,141 sqft

Property Description

Turnkey Investment Opportunity in Allentown’s Historic Old Fairgrounds District! 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.

Listing Status:

Active

Listing Office:

CENTURY 21 Pinnacle : (610) 691-0535

MLS ID:

759942

Interior

• A/C: None
• Heating: ElectricGas

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of CENTURY 21 Pinnacle