1120 Linden Street
$480,000
—
3,712
3,712
$129
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: 10/15/2024 03:27 PM
Property Details for 1120 Linden Street
Status | Available |
---|---|
MLS # | 746262 |
Days on Market | 28 |
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 |
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Date | Event & Source | Price |
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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 - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mckinley El School Public1 to 5 | ||
Francis D Raub Middle School Public6 to 8 | ||
William Allen High School Public9 to 12 | ||
Building 21 Allentown Public9 to 12 |
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.
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