Address
530 West Tilghman Street, Allentown, PA
Price
$ 508,987
Property Attributes
- MLS#722234
- TypePending
- CountyLEHIGH
- CityAllentown
- AreaAllentown-Central
- NeighborhoodNot in Development
- Zip18102
- StyleApartment Style,Row-End Unit
- Year Built1900
- Taxes$ 7578
- Price$ 508,987
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms2
- Sqr Footage5164
- Lot Size3,006 SqFt
Data Source:
Greater Lehigh Valley MLS (GLVMLS)
Property Description
$76800 projected gross income $57000 net income when all are rented. Over 10% cap! All-brick, 6-unit, mixed multi-family with 4 res units & 2 commercial storefronts. Located in the heart of Allentown with amazing curb appeal & recent improvements including NEW flooring in some units, 2 units renovated, some new windows, & a renovated vacant commercial unit. 12% cap with PM included & a CLEAR CO. All units are currently rented below market rent, some tenants are renewing at market rents with one vacancy listed online. Property shares a 4-way intersection with the iconic Virgin March Church, BRAND NEW Stevens Park & the Boy & Girls Club. 5-min walk to center city Allentown, next to new luxury Apts & a couple blocks from the new PPL Event Center, Da Vinci Science Center, Restaurants, Retail & Nightlife. *Vacant storefront requires zoning approval for business occupant. Can be purchased as a portfolio with over 30 units by same seller.CO inspection items all to be cleared.
| Price History | |
|---|---|
| 8/12/2023 | Listed $589,000 |
| 8/24/2023 | 11% - $529,888 |
| 8/24/2023 | 1% - $524,888 |
| 9/18/2023 | 4% - $508,987 |
General Features
| Construction | Brick |
|---|---|
| Cooling | Wall AC |
| County | Lehigh |
| Electric | 500 |
| Parking | None |
| School District | Allentown |
| Sewer | Public |
| Subdivision | Not in Development |
| Water | Public |
| Water/Sewer | 1800 |
| Zoning Code | R-MH-MEDIUM HIGH DENSITY RESIDENTIAL |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 18102
Price
Taxes
Visits
Year Built
Walkscore
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS®. Real Estate listings held by brokerage firms (licensees) other than #firm are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
