139 N 5TH ST, Allentown, PA 18103

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.

Listing Status:

Active

Data Last Updated:

February 5, 2026 at 5:20AM

Listing Office:

eXp Commercial : 8883977352

Listing Agent:

james J Reardon : 4848662495

MLS ID:

PALH2014394

Interior

• Basement: Full
• Flooring: Engineered woodCeramic tile
• A/C: None
• Heating: Baseboard - ElectricNatural Gas
• Disability Feature: 2+ Access Exits

Exterior

• General: Above GradeBelow Grade
• Style: Unit/Flat

Construction

• General: BrickBlockStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: ALLENTOWN
• County: LEHIGH-PA

Lot

• Zoning: R-H640711871696-00001
• View: City

Utilities

• Water: Public
• Sewer: Public Septic

Financial

• Source: BRIGHT_MAIN