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$ 1,395,000
Est. payment /mo
Price Dropped by $55K
827 829 West Linden Street Allentown City, PA 18101
11 Beds
8 Baths
6,100 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment Style
Listing Status Active
Purchase Type For Sale
Square Footage 6,100 sqft
Price per Sqft $228
Subdivision Not In Development
MLS Listing ID 751087
Bedrooms 11
Full Baths 7
Half Baths 1
Year Built 1900
Annual Tax Amount $9,384
Lot Size 2,788 Sqft
Property Sub-Type Apartment Style
Property Description
OWN A CITY BLOCK generating $126,000 Gross Income & LOW expenses giving the lucky buyer a $105,441 NET INCOME. This property would be 10X if in NYC. This stunning, cash-flowing, turnkey, 7-unit investment property has gorgeous curb appeal and has been completely renovated from TOP to Bottom with NEW Hardwood Floors, New PEX plumbing, NEW Kitchens with new cabinets and mostly stainless steel appliances, New windows throughout, NEW Laundry Room, New roof, and Newly Paved PRIVATE Parking lot with Assigned spaces for the tenants. Each unit is massive and has a ton of sunlight. this property is extremely safe, is located next to a beautiful Church, the police station, and across from a massive parking garage that is used for the events held at the famous PPL center, home of the Phantoms bringing in hundreds of thousands of fans. This property has guaranteed appreciation and is already rented at high rents to great tenants. One day a massive developer is going to make an offer on this city block and you can get a lottery ticket in a few years while making cash flow and owning an iconic downtown city property. *One of the sellers is a licensed real estate agent.
Location
State PA
County Lehigh
Area Allentown-Central
Interior
Cooling Central AC, Window ACs
Exterior
Garage Spaces 5.0
Building
Story 3.0
Sewer Public
Water Public
New Construction No
Schools
School District Allentown
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
Listed by EXP Realty LLC