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This multifamily apartment building sits at 139 North 5th Street in Allentown, Pennsylvania. Positioned within an evolving urban submarket, the property serves as a stable residential asset in a city known for its historic industrial roots and ongoing revitalization efforts. The Lehigh Valley region continues to draw interest due to its proximity to major northeastern logistics hubs and a diverse local workforce. An investor can leverage this location to provide housing for tenants seeking accessibility to the downtown corridor and local amenities. Given the structure of the asset, it functions as a viable option for those looking to expand a residential portfolio in a growing Pennsylvania market. The current financial positioning reflects a 7% cap rate, making it a pragmatic consideration for buyers focused on established rental income streams within a dense municipal environment.
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