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744 N 5th StreetAllentown, PA 18103Price: $399,000

  • Price: $399,000
  • Est. Mortgage of $/month
  • 33 Days on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
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  • $399,000List Price
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744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103
744 N 5th Street Allentown PA 18103

Listing Tools

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.

Property Details of 744 N 5th Street

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Angie House participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated June 6, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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