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About the Listing EXPCOMM1 - 3313981
Fully occupied, all-brick three-unit investment property generating $40,280 in gross income and $35,075 in net income. The building includes a 3-bedroom/2-bath unit, a 1-bedroom/1-bath unit, and a studio apartment, all leased with staggered expirations extending through 2026, providing strong income stability. Tenants pay all utilities, including electric, gas heat, and water. Water is submetered, making it a tenant responsibility. Landlord expenses are minimal and clearly documented, limited to taxes and insurance. In-place rents provide consistent cash flow, with upside supported by historical leasing performance and recent rent growth in the Allentown-Central submarket. This asset is well suited for investors seeking stabilized income, a diversified unit mix, and a clear path to improved performance through rent growth.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
PALH2014394
Year Built
1870
Total Square Footage
0
Lot/Acreage
0.04
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Baseboard - Electric
- Fireplaces:
- Floor: Engineered Wood,Ceramic Tile
- Above Ground Sq Ft: 0
- Below Ground Sq Ft: 0
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 17.00 x 114.00
- Zoning: R-H
- Roof:
- Others: Good
- Sewer: Public Septic
- Parking Features: On Street
Financial Details
- Tax Amount: $3,201
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
139 N 5th St Allentown, PA 18103
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