1120 Linden Street
$475,000
—
3,712
3,712
$128
Description
This commercial property is back on the market! Featuring a bakery on the first floor and a leased residential unit on the second floor, it offers a solid 11% capitalization rate. The first-floor bakery tenant is secured with a 5-year lease, while the second-floor residential unit is leased for 1 year. Both tenants are responsible for their own utilities. With reliable tenants and consistent cash flow, this property is a fantastic ownership opportunity. Listed as investment property #746283, check...This commercial property is back on the market! Featuring a bakery on the first floor and a leased residential unit on the second floor, it offers a solid 11% capitalization rate. The first-floor bakery tenant is secured with a 5-year lease, while the second-floor residential unit is leased for 1 year. Both tenants are responsible for their own utilities. With reliable tenants and consistent cash flow, this property is a fantastic ownership opportunity. Listed as investment property #746283, check out the cash flow details today!
- Listed by Carmen E. Lajas • Signature Lux Realty
Property Details for 1120 Linden Street
Area
Allentown-Central
Sub divisionNot in Development
LISTING UPDATED: 11/06/2024 05:06 PM
Property Details for 1120 Linden Street
Status | Available |
---|---|
MLS # | 746262 |
Days on Market | 49 |
Taxes | $5,980 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Commercial |
Year Built | 1900 |
Lot Size | 0.06 AC / 2,657 SF |
County | Lehigh County |
Building Information for 1120 Linden Street
Stories-Residences2Year Built1900Building Size-Lot Size0.06 AC / 2,657 SF
Property Information for 1120 Linden Street
Property History for 1120 Linden Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1120 Linden Street
Taxable ValueLand$18,500Additions$163,700Total$182,200
Tax Record2024$5,979 ($498 / month)
Home Facts
Baths2Total Finished SqFt3,712 SqFtAbove Grade Finished SqFt3,712 SqFtStories2Lot Size2,640 SqFtStyleOffice BuildingYear Built1900ZoningR-HCountyLEHIGHAPN549689485705-1
Schools near 1120 Linden Street
This home is within Allentown City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Mckinley El School Public1 to 5 | ||
Francis D Raub Middle School Public6 to 8 | ||
William Allen High School Public9 to 12 | ||
BRIGADIER GENERAL ANNA MAE HAYS EL SCH PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.