Allentown City, PA 18102,1124 Linden Street
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Allentown City, PA 18102,1124 Linden Street
Allentown City, PA 18102,1124 Linden Street
Allentown City, PA 18102,1124 Linden Street
Allentown City, PA 18102,1124 Linden Street

$340,000

Est. payment /mo

$359,000

5.3%
Est.Price: ?

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1124 Linden Street Allentown City, PA 18102

5 Beds

4 Baths

2,583 SqFt

SOLD DATE : 10/15/2024

Key Details

Sold Price $340,000

Property Type Condo

Sub Type Apartment Style,Mixed Use,Office In Addition

Listing Status Sold

Purchase Type For Sale

Square Footage 2,583 sqft

Price per Sqft $131

Subdivision Not In Development

MLS Listing ID 739703

Sold Date 10/15/24

Bedrooms 5

Full Baths 4

Year Built 1900

Annual Tax Amount $4,609

Lot Size 3,659 Sqft

Property Description

Welcome to this well maintained 2-unit property nestled in a highly sought after neighborhood. This versatile property boasts 2 spacious apts & a storage space with ample square footage for all your storage needs. The detached 3-car garage adds convenience & value. The expansive 1st Fl apt features an open concept layout with a large eat-in kitchen/dining area flowing into a huge living room creating a perfect space for entertaining & family gatherings. This inviting layout ensures comfortable living with ample room for both relaxation & dining. The 2nd Fl apt offers generous living spaces with 2 full modern bathrooms, an updated kitchen & 4 sizable bedrooms. The apt also includes 2 spacious living areas providing flexibility for various living arrangements. Enjoy the outdoors with a walk-out deck which is perfect for relaxing or entertaining guests. This property is not only a comfortable residence but also a lucrative investment opportunity with a clear City CO. A gross income of $51,600 + net income of $45,000 this property boasts a remarkable cap rate of 12.5%. It's an excellent choice for first-time investors seeking a reliable income stream or a seasoned investors looking to expand their portfolio. Don’t miss out on this exceptional property that combines residential comfort & business potential!

Location

State PA

County Lehigh

Area Allentown-Central

Interior

Cooling Window ACs

Exterior

Garage Spaces 3.0

Building

Story 2.0

Sewer Public

Water Public

New Construction No

Schools

School District Allentown

Others

Financing Cash,Conventional

Special Listing Condition Not Applicable

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First Heritage Realty Alliance

First Heritage Realty Alliance

+1(267) 525-7900

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Listed by IronValley RE of Lehigh Valley
Bought with TSB Property

First Heritage Realty Alliance

+1(267) 525-7900

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