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!
Sold for $340,000 on 10/11/24
$340,000
1124 W Linden St, Allentown, PA 18102
5beds
2,583sqft
Office, Mixed Use, Multi Family, Apartment
Built in 1900
-- sqft lot
$352,300 Zestimate®
$132/sqft
$1,656 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 15, 2024 at 12:15pm
Listed by:
Rick Matos 484-515-8705,
IronValley RE of Lehigh Valley
Bought with:
Elias G. Boutros, RS293806
TSB Property
Source: GLVR,MLS#: 739703
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Interior area
- Total interior livable area: 2,583 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached, Garage
- Has garage: Yes
Features
- Stories: 2
Lot
- Size: 3,659 sqft
Details
- Parcel number: 549689482655001
- Zoning: R-H-HIGH DENSITY RESIDENT
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Office, Mixed Use, Multi Family, Apartment
Materials
- Brick
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Allentown
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$352,300
2% more+$7,046
With Zillow Showcase(estimated)$359,346