Dawn Hickernell
MLS#PALH2014394
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONALLENTOWN
SCHOOLALLENTOWN
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Fuel Type: Natural Gas
Heating: Baseboard - Electric
Home Style: Unit/Flat
Lot Size: 0.04 Acres
Taxes: $3,201
Year Built: 1870
Feature Descriptions
Accessibility: 2+ Access Exits
Additional Structures: Above Grade, Below Grade
Exterior: Brick
Flooring: Engineered Wood, Ceramic Tile
Location: Downtown
Lot Dimensions: 0.04 Acre(S)
Municipality: ALLENTOWN CITY
One Bedroom Units: 1
Sewer: Public Septic
Special View Info: City
Structure Type: Interior Row/Townhouse
Three Bedroom Units: 1
Units: 3
Water: Public
Local Schools
School District: ALLENTOWN
Listed By / Shown By
Listed By
Agency Name: eXp Commercial
Agency Phone: 8883977352
Shown By
Agent Name: Dawn Hickernell
Agent Phone: (717) 507-3549
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 1,361.75 per month $968.12 Principal & Interest $266.75 Property Tax $126.88 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
139 N 5th Street | MLS# PALH2014394
This multi-family property located at 139 N 5th Street , Allentown, PA 18103 is currently listed for sale with an asking price of $435,000. N 5th Street is located within the ALLENTOWN school district. Search Allentown real estate on www.dawnhickernell.com today.