139 N 5Th St Allentown, PA 18102
Fully occupied investment property with strong income and growth potential.
Property size:
2,390 SFLot size:
1,938.00 AcresProperty Features for 139 N 5Th St
General Information
- Standard status
- Active
- Size
- 2,390 SF
- Lot size
- 1,938.00 Acres
Building Details
- Year built
- 1900
Source:
Crexi
Listing Agency: eXp Commercial Listing Agent: James Reardon
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
All-Brick Three-Unit Investment Property
This is an all-brick, three-unit investment property that is fully occupied. It generates $40,280 in gross income and $35,075 in net income. The building features a diversified unit mix, including a 3-bedroom/2-bath unit, a 1-bedroom/1-bath unit, and a studio apartment. All units are currently leased with staggered expirations extending through 2026, which provides strong income stability. Tenants are responsible for 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. The 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. The property size is 2390 square feet.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4688132
- Latitude
- 40.6059209
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Fully occupied investment property with strong income and growth potential.
Where is this triplex located?
The property is located at 139 N 5Th St Allentown, PA.
What are key features of this property?
This property features: - Fully occupied, generating $40,280 gross income and $35,075 net income.; - Strong income stability with staggered lease expirations extending through 2026.; - Tenants pay all utilities, including electric, gas heat, and water (submetered).
