518 Auburn Street, Allentown City, PA 18103

• 3 beds |
• 2 baths |
• 1,568 sqft

Property Description

Attention investors and savvy buyers this 3-story, 3-bedroom, 1.5-bath property in Allentown is ready to work for you. Offered with a clear Certificate of Occupancy and motivated sellers, this is a clean handoff with no red tape standing between you and your next income-producing asset. The numbers make sense. With 3 bedrooms across three stories and off-street parking, a premium in this corridor, this property has the bones to generate strong rental income in one of the Lehigh Valley's most active rental markets. Current rents in this zip code support healthy cash flow for a buy-and-hold strategy, and the off-street parking adds real value for tenant retention and long-term stability. Some TLC is needed, and that's exactly where the opportunity lives. The investor who moves quickly gets the spread. Cosmetic updates and targeted improvements position this asset for top-of-market rents or a clean value-add flip. The sellers are motivated and ready to close this is not a listing that needs to be chased down or negotiated sideways. Don't let this one sit. Properties with a clear C/O, off-street parking, and motivated sellers at this price point move fast in the Lehigh Valley market. Schedule your showing and come ready to write.

Listing Status:

Pending

Data Last Updated:

May 9, 2026 at 5:21PM

Listing Office:

Journey Home Real Estate : (610) 871-8282

MLS ID:

773415

Interior

• General: Dining AreaEat-in Kitchen
• Appliances: DishwasherElectric CooktopGas Water Heater
• Basement: None
• Flooring: CarpetLuxury VinylLuxury VinylPlankVinyl
• A/C: Central Air
• Heating: Forced AirGas

Exterior

• Style: Other
• Parking: DrivewayOff StreetOn Street

Construction

• Roofing: AsphaltFiberglass
• General: Brick3

Location

• Originating MLS: HIGH_LHI
• School District: Allentown
• County: Lehigh

Lot

• Zoning: R-Mh-Medium High Density640627994020 001

Utilities

• Utilities: 200+ Amp ServiceCircuit Breakers
• Water: Public
• Sewer: Public Sewer

Financial

• Source: HIGH_LHI
• Ownership: Fee Simple