732 W Tilghman ST, Allentown City, PA 18102
732 W Tilghman ST, Allentown City, PA 18102
732 W Tilghman ST, Allentown City, PA 18102
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$1,395,000
Est. payment /mo
14 Beds
6 Baths
7,076 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 7,076 sqft

Price per Sqft $197

Subdivision Not In Development

MLS Listing ID 774455

Bedrooms 14

Full Baths 6

Construction Status Unknown

HOA Y/N No

Lot Size 3,310 Sqft

Acres 0.076

Lot Dimensions 29 x 115

Property Sub-Type Detached

Property Description

732 Tilghman Street offers a rare turnkey 6-unit multifamily opportunity in Allentown, PA, with strong in-place rental income of $132,000 annually and drive-in off-street parking. Fully gut renovated down to the brick walls and rebuilt with brand-new construction interiors, this property is ideal for both seasoned multifamily investors and newer investors seeking a professionally renovated, low-maintenance asset.

Unlike many older multifamily buildings that require ongoing capital improvements, 732 Tilghman has already undergone the heavy lifting. The building features a new roof, new windows, new drywall, new trim and doors, recessed lighting, updated interiors, electric baseboard heat, electric hot water, separate electric utilities, in-unit washer/dryers, and security cameras. Each apartment has been finished with hardwood flooring, white shaker cabinetry, quartz countertops, and modern, durable finishes designed for tenant appeal and long-term ownership. This property is positioned to provide stable income, easier management, and reduced maintenance demands compared to a typical older apartment building.

The location is also a major advantage as this property sits minutes from Route 222 in one direction and just minutes from Downtown Allentown in the other. Downtown Allentown has recieved a billion dollars of redevelopment and has reshaped the urban core, including the PPL Center arena, the Da Vinci Science Center, the Moxy Hotel, Archer Music Hall, restaurants, entertainment venues, offices, and new residential development. This proximity helps support long-term tenant demand and positions the property within one of the Lehigh Valley's most active growth corridors.

732 Tilghman Street is a true turnkey multifamily asset offering income, quality improvements, reduced maintenance exposure, and long-term ownership appeal in the Lehigh Valley market.

Location

State PA

County Lehigh

Area Allentown-Central

Direction South on 7th street - Right on Tilghman - Building on Left

Interior

Heating Baseboard, Electric

Cooling None

Fireplace No

Exterior

Parking Features Built In, Garage

Water Access Desc Public

Total Parking Spaces 6

Garage Yes

Building

Story 3

Sewer Public Sewer

Water Public

Construction Status Unknown

Schools

School District Allentown

Others

Senior Community No

Tax ID 549793368631 1

Security Features Closed Circuit Camera(s)

Special Listing Condition None


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Listed by BHHS Regency Real Estate

Nearby Locations

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Office No. 873 325-41 Chestnut St, Ste 800, Philadelphia, PA, 19106
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