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139 N 5Th St Allentown, PA 18102

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For Sale
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Fully occupied investment property with strong income and growth potential.

Property size:
2,390 SF
Lot size:
1,938.00 Acres

Property 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

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Listing Contact
James Reardon
Source: Crexi

Listing Agency: eXp Commercial Listing Agent: James Reardon

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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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

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Allentown
County
Lehigh
State
Pennsylvania
Longitude
-75.4688132
Latitude
40.6059209

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).
More about this property
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