Berkshire Hathaway HomeServices Homesale Realty
+18003833535
744 N 5th Street, Allentown, PA 18103Asking Price of: $399,000
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Berkshire Hathaway HomeServices Homesale Realty
Fully occupied three-unit investment opportunity generating $40,500 in gross income and $33,933 in net income, offering immediate cash flow with additional upside. The property consists of three spacious 1-bedroom units, a proven and efficient unit mix supported by consistent rental demand in the area. All units are currently occupied on month-to-month leases, providing a new owner with full flexibility to increase rents to market and unlock additional value from day one. Tenants pay electric heat (baseboard) and gas for cooking, both separately metered, while landlord expenses are limited to taxes, insurance, and water/sewer, resulting in a low-expense, efficient operating profile. Situated on a corner lot, the property features a solid brick exterior, offering long-term durability and reduced maintenance. Additional income is generated from a garage, and the large basement presents clear value-add potential through coin-operated laundry and/or tenant storage. The asset is located in a high-demand rental corridor, supporting strong occupancy and tenant retention.
Photos for 744 N 5th Street, Allentown, PA 18103
+18003833535
Details for 744 N 5th Street, Allentown, PA 18103
+18003833535
Property Details
- Address: 744 N 5th Street, Allentown, PA 18103
- Bedrooms: 0
- Area: ALLENTOWN CITY
- School District: ALLENTOWN
- MLS ID: PALH2015446
- Status: ACTIVE
Property School Information
- High School: WILLIAM ALLEN
- School District: ALLENTOWN
Property Features
- Garage: 2
- Taxes: $2,418
- Basement: Yes
- Exterior: Brick
- Special View Info: City
- Lot Size: 0.04 Acres
- Lot Dimensions: 0.04 Acre(S)
- Heating: Baseboard - Electric
- Fuel Type: Electric
- Cooling: None
- Year Built: 1900
- Water: Public
- Sewer: Public Sewer
- Units: 3
- One Bedroom Units: 3
- Municipality: ALLENTOWN CITY
- Accessibility: 2+ Access Exits
- Additional Structures: Above Grade,Below Grade
- Location Description: Rural
- Structure Type: End of Row/Townhouse
- Total Garage/Parking Spaces: 2
- Basement: Outside Entrance,Poured Concrete,Side Entrance,Unfinished,Other
- Exterior: Fire Escape,Outbuilding(s),Sidewalks,Street Lights,Other
Property information as of Monday, June 1, 2026 at 5:06 AM America/New_York
Contact information for 744 N 5th Street, Allentown, PA 18103
+18003833535
Listed By
Agency Name: eXp Commercial
Agency Phone: 8883977352
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603