
Clean Allentown, PA Triplex. Clear CO
About This Property
Marketing 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.
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