Seller's Agent in 2024
Henrique Matos
IronValley RE of Lehigh Valley
(484) 515-8705
29 in this area
79 Total Sales
1124 W Linden St Allentown, PA 18102
Center City Neighborhood
5
Beds
4
Baths
2,583
Sq Ft
3,659
Sq Ft Lot
About This Home
As of October 2024Welcome 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!
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $4,609
Year Built
- Built in 1900
Lot Details
- 3,659 Sq Ft Lot
Parking
- 3 Parking Spaces
Home Design
- Mixed Use
- Brick Exterior Construction
Interior Spaces
- 2,583 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Utilities
- Window Unit Cooling System
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 549689482655001
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,200
- Gross Income $51,600
- Net Operating Income $45,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/11/2024 10/11/24 | Sold | $340,000 | -5.3% | $132 / Sq Ft | |
| 08/21/2024 08/21/24 | Pending | -- | -- | -- | |
| 08/08/2024 08/08/24 | For Sale | $359,000 | 0.0% | $139 / Sq Ft | |
| 08/02/2024 08/02/24 | Pending | -- | -- | -- | |
| 07/24/2024 07/24/24 | For Sale | $359,000 | 0.0% | $139 / Sq Ft | |
| 06/17/2024 06/17/24 | Pending | -- | -- | -- | |
| 06/12/2024 06/12/24 | For Sale | $359,000 | +327.4% | $139 / Sq Ft | |
| 12/06/2019 12/06/19 | Sold | $84,000 | +12.0% | $33 / Sq Ft | View Prior Sale |
| 07/10/2019 07/10/19 | Pending | -- | -- | -- | |
| 07/10/2019 07/10/19 | For Sale | $75,000 | 0.0% | $29 / Sq Ft | |
| 04/15/2019 04/15/19 | Pending | -- | -- | -- | |
| 04/05/2019 04/05/19 | Price Changed | $75,000 | -31.8% | $29 / Sq Ft | |
| 03/26/2019 03/26/19 | Price Changed | $110,000 | -4.3% | $43 / Sq Ft | |
| 03/16/2019 03/16/19 | Price Changed | $115,000 | -4.2% | $45 / Sq Ft | |
| 03/12/2019 03/12/19 | Price Changed | $120,000 | -4.0% | $46 / Sq Ft | |
| 12/29/2018 12/29/18 | Price Changed | $125,000 | -3.8% | $48 / Sq Ft | |
| 12/27/2018 12/27/18 | For Sale | $130,000 | 0.0% | $50 / Sq Ft | |
| 11/19/2018 11/19/18 | Pending | -- | -- | -- | |
| 10/10/2018 10/10/18 | Price Changed | $130,000 | -7.1% | $50 / Sq Ft | |
| 10/05/2018 10/05/18 | Price Changed | $140,000 | -6.7% | $54 / Sq Ft | |
| 09/01/2018 09/01/18 | For Sale | $150,000 | -- | $58 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Henrique Matos
-
Elias Boutros
E
Buyer's Agent in 2024
Elias Boutros
TSB Property
(484) 547-8228
16 in this area
95 Total Sales
-
A
Seller's Agent in 2019
Andy Santana
Smart Way America Realty
-
Robert Velez
Buyer's Agent in 2019
Robert Velez
KW Commercial - Northampton
(646) 671-8635
2 in this area
43 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 739703
APN: 549689482655-1
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Information is deemed reliable but not guaranteed.
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