$195,000

518 North New Street, Allentown City, PA 18102

3 beds |
2 baths |
1,024 sqft

Town Home
Built in 1905
784sqft lot
—— car garage
$190/sqft
Listed 7 days ago

Property Description

This single-family row home is currently tenant-occupied at $1,575/month, providing immediate rental income for investors. The tenant pays all utilities, keeping operating expenses low and maximizing cash flow. The property also offers flexibility for a future owner-occupant, making it a great option whether you're looking to expand your portfolio or purchase a home with income potential. A solid opportunity in a strong rental market. The seller owns a portfolio of 9 single-family homes, all available for sale. Please inquire with the listing agent.

Listing Status:: Active
Data Last Updated:: March 22, 2026 at 2:20PM
Listing Office:: Steel City Realty : (484) 895-9005
MLS ID:: 772997

General: Dining AreaEat-in Kitchen
Appliances: Electric OvenElectric RangeElectric Water HeaterRefrigerator
Laundry: Washer HookupDryer Hookup
Basement: Full
A/C: None
Heating: Electric

Style: Other
Parking: On Street

Roofing: AsphaltFiberglass
General: Brick2

Originating MLS: HIGH_LHI
School District: Allentown
County: Lehigh

Zoning: R-MH549782557413 1

Water: Public
Sewer: Public Sewer

Source: HIGH_LHI
Ownership: Fee Simple

This listing courtesy of Steel City Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Central Elementary STREAM Academy

829 W Turner St, Allentown, PA, 18102

Grades PK-5

0.32 miles away

Trexler Middle School

851 N 15th St, Allentown, PA, 18102

Grades 6-8

0.69 miles away

Building 21 Allentown

265 Lehigh St, Allentown, PA, 18102

Grades 9-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.