$525,000
SOLD DEC 5, 2024

1130 W Linden St Allentown, PA 18102

Center City Neighborhood
-- Bed
-- Bath
4,650 Sq Ft
3,703 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

5% Above List Price

8 Days on Market

Highlights

  • Detached Garage
  • Brick or Stone Mason
  • Heating Available

About This Home

As of December 2024

Please submit Highest and Best by 5pm 10/14/24. 4 Unit Investment Property ~ NOI - 56,760 ~ yields a healthy Cap Rate = 11.37 % ~ ( 124 K per unit price ) ~ Nice section ~ Solid rental history ~ 1130 W . Linden is an end of Row Townhome ~ Unit 1 on first floor , Unit 2 is the second floor - each consisting of 2 Bedrooms / 1 Bath ~ side yard leads in 2 Garage - Apartment combo units - 1127 & 1129 Edison street ~ 3 Br - 1 bath ~ Very healthy rents , most consisting of 5 % rent escalation after year one ~ Gross Rent = 69 ,012 Annual ~

Last Agent to Sell the Property

Christopher Hanna

RE/MAX Real Estate Listed on: 10/08/2024

RE/MAX Real Estate

Last Buyer's Agent

Ronald Bowser

Steel City Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,327

Year Built

  • Built in 1895

Home Design

  • 4,650 Sq Ft Home
  • Brick or Stone Mason

Parking

  • Detached Garage
  • On-Street Parking

Utilities

  • Heating Available

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $766
  • Insurance Expense $1,500
  • Water Sewer Expense $3,186
  • Operating Expense $12,252
  • Gross Income $69,012
  • Net Operating Income $56,760

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,327

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1895
  • LotSizeAcres: 0.085
  • Co List Office Mls Id: RMXR
  • Subdivision Name: Not in Development
  • Special Features: None

Interior Features

  • Living Area: 4650.0
  • Stories: 2

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: Detached, Garage, On Street

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 12252.0
  • Annual Water Sewer Expense: 3186.0

Schools

  • Junior High Dist: Allentown

Lot Info

  • Lot Size Sq Ft: 3720.0
  • Zoning: R-H-HIGH DENSITY RESIDENT

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 766.0
  • Insurance Expense: 1500.0
  • Property Net Operating Income: 56760.0

Tax Info

  • Tax Annual Amount: 6327.19

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2024 12/05/24 Sold $525,000 +5.2% $113 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $499,000 +92.0% $107 / Sq Ft
02/02/2017 02/02/17 Sold $259,900 0.0% $110 / Sq Ft View Prior Sale
12/06/2016 12/06/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $259,900 -- $110 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christopher Hanna

    Seller's Agent in 2024

    Christopher Hanna

    RE/MAX

    (610) 704-8316

    3 in this area

    102 Total Sales

    Christopher Hanna
    Section Image
  • Ronald Bowser

    Buyer's Agent in 2024

    Ronald Bowser

    Steel City Realty

    (484) 895-9005

    30 in this area

    89 Total Sales

    Ronald Bowser
    Section Image
  • Andy Kowalski

    Seller's Agent in 2017

    Andy Kowalski

    Opus Elite Real Estate

    (215) 346-6022

    93 Total Sales

    Andy Kowalski
    Section Image
  • Jennifer DeJesus

    Buyer's Agent in 2017

    Jennifer DeJesus

    Steel City Realty

    (610) 217-6330

    11 in this area

    43 Total Sales

    Jennifer DeJesus
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 746276

Greater Lehigh Valley REALTORS®

APN: 549689386483-1

Pennsylvania Lehigh County Allentown 18101 Center City

1130 W Linden St, Allentown, PA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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