NOT LISTED FOR SALE

530 W Tilghman St Allentown, PA 18102

Center City Neighborhood
5 Beds
6 Baths
5,164 Sq Ft
3,006 Sq Ft Lot

Last Sold January 31, 2023

Last sale price $350,000 $68 Per Sq Ft

Highlights

  • Commercial or Retail Space
  • Baseboard Heating
  • 3-minute walk to Stevens Park

About This Home

As of January 2023

A lot of upside potential for the savvy investor. 6 total units. 4 Residential and 2 Commercial. One of the commercial units is empty because the last couple potential tenants were turned down for use by Allentown due to lack of parking. You'd have to find a use that the City would approve for that location. But the income from the other 5 units could be significantly increased with renovation. If you have the vision, this could be a great addition to your portfolio!

Last Listed By

Peter Cerruti

RE/MAX 440 Listed on: 01/05/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,006 Sq Ft Lot
  • Lot Dimensions are 46x83

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Interior Spaces

  • 5,164 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640704402952001

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $420
  • Insurance Expense $2,400
  • Trash Expense $1,875
  • Water Sewer Expense $1,800
  • Operating Expense $14,464
  • Gross Income $29,700
  • Net Operating Income $15,236

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 236100.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: 6
  • Full Bathrooms: 6
  • Bedrooms: 5
  • Square Footage: 5164

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 420
  • Insurance: 2400
  • Trash Removal: 1875
  • Water Sewer: 1800

Fee Information

  • Operating Expense: 14464

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.069
  • Lot Dimensions: 46x83
  • Lot Sq Ft: 3006
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640704402952001

Multi Family

  • Total Units: 6
  • Total Unit Count: 6

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $350,000 0.0% $68 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $350,000 -- $68 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Peter Cerruti

    Seller's Agent in 2023

    Peter Cerruti

    RE/MAX

    (215) 429-7273

    8 in this area

    113 Total Sales

    Peter Cerruti
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 709036

Greater Lehigh Valley REALTORS®

Pennsylvania Lehigh County Allentown 18102 Center City

530 W Tilghman St, Allentown, PA

Homes for Sale in Allentown, PA

This home is located at 530 W Tilghman St, Allentown, PA 18102 since 05 January 2023. This property was built in 1900. 530 W Tilghman St is a home located in Lehigh County with nearby schools including Trexler Middle School, William Allen High School, and Roberto Clemente Elementary Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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