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1120 West Linden Street, Allentown, PA 18102
$510,000
1120 West Linden Street, Allentown, PA 18102View this property at 1120 West Linden Street, Allentown, PA 18102
1120 West Linden StreetAllentownPA18102
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Property Description
This commercial property, featuring a bakery on the first floor and a leased residential unit on the second floor, offers a 10% capitalization rate. The first-floor bakery tenant has a 5-year lease, while the second-floor residential unit is leased for 1 year. Both tenants are responsible for their own utilities. The sale of the property excludes equipment, catering mainly to buyers interested in maintaining the bakery business. With reliable tenants and strong cash flow, this property represents a proud ownership opportunity.This listing is also listed as an investment property #735068, please go check out cash flow details.
Full Property Details
Full Property Details for 1120 West Linden St
General
- Price: $510,000
- Taxes: $5,978
- Status: Active
- Type: Commercial
- MLS ID: 735401
- Updated: 4/2/2024
- Added to Site: 27 day(s) ago
Location
- Area: Allentown-Central
- County: Lehigh
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Cooling Type: Central AC, Window ACs
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Construction: Brick
- Square Feet: 3,712
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.061
- Lot Size (Sq. Ft.): 2,657
- Zoning: R-H-HIGH DENSITY RESIDENTIAL
Financial Considerations
- Tax Amount: $5,978.68
Disclosures and Reports
- Special Conditions: Not Applicable
Listed by Signature Lux Realty
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Schools
Schools serving 1120 West Linden St
School District:Allentown School District
Rating | Name | Grades | Distance |
---|---|---|---|
McKinley Elementary School, Allentown, PA
1124 W Turner St, Allentown, PA 18102 | K-5 | 0.1 mi | |
Lincoln Early Childood Center
517 N 15th St, Allentown, PA 18102 | PK-PK | 0.6 mi | |
102 S Saint Cloud St, Allentown, PA 18104 | 6-8 | 0.8 mi | |
106 N 17th St, Allentown, PA 18104 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1120 West Linden St
Date
Details
Price
Change
Source
4/02/2024
Listed
$510,000
155%
MLS
2/16/2011
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1120 West Linden St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,979
—
$182,200
—
2023
$5,979
-34%
$182,200
—
2022
$9,070
65%
$182,200
—
2019
$5,485
—
$182,200
—
2020
$5,511
2%
$182,200
—
2019
$5,422
7%
$182,200
—
2018
$5,053
3%
$182,200
—
2017
$4,926
—
$182,200
—
2016
$4,933
—
$182,200
—
2015
$4,936
-32%
$182,200
—
2014
$7,209
—
$182,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1120 West Linden St
1120 West Linden Street, Allentown, PA 18102 (MLS# 735401) is a Commercial property. 1120 West Linden Street is currently listed for $510,000 and was received on April 02, 2024. Want to learn more about 1120 West Linden Street? Do you have questions about finding other Commercial real estate for sale in Allentown? You can browse all Allentown real estate or contact a Coldwell Banker agent to request more information.