139 N 5th ST, Allentown City, PA 18102
139 N 5th ST, Allentown City, PA 18102
139 N 5th ST, Allentown City, PA 18102
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Mike Smutz

Mike Smutz

+1(610) 839-7654
$435,000
Est. payment /mo
4 Beds
3 Baths
2,390 SqFt
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 2,390 sqft

Price per Sqft $182

Subdivision Not In Development

MLS Listing ID 770822

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1870

Annual Tax Amount $3,202

Lot Size 1,916 Sqft

Acres 0.044

Lot Dimensions 17 X 114

Property Sub-Type Apartment

Property Description

Group showing nexr Saturday 3/21/26 from 1215-100 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.

Location

State PA

County Lehigh

Area Allentown-Central

Direction Turn right onto Airport Rd 7.5 mi Turn right onto American Pkwy 2.2 mi Turn right onto W Gordon St 0.3 mi Turn left onto N 5th St

Interior

Heating Baseboard

Cooling None, Wall/Window Unit(s)

Fireplace No

Exterior

Water Access Desc Public

Total Parking Spaces 3

Building

Story 3

Sewer Public Sewer

Water Public

Schools

School District Allentown

Others

Senior Community No

Tax ID 640711871696 1

Special Listing Condition None

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Listed by EXP Realty LLC

Nearby Locations

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+1(610) 839-7654
http://www.mikesmutz.com/
Office No. 873 325-41 Chestnut St, Ste 800, Philadelphia, PA, 19106
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