This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
445-447 W Linden Street, Allentown, PA 18102
$750,000 Sale Pending
445-447 W Linden Street, Allentown, PA 18102View this property at 445-447 W Linden Street, Allentown, PA 18102
445-447 W Linden StreetAllentownPA18102
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
Property Description
$75,600 Gross Income, $61,773 Net Income, 8.2% Cap. These prideful owners have invested over $100K to update this cashflowing, fully occupied, 6-unit garden-style apartment building with 5 residential units and 1 long-standing business commercial storefront. 4 units were renovated with fresh paint, new flooring, some new windows, updated bathrooms, and updated kitchens. 3 of the 1BR units are extremely large, and the other two are normal-sized. Long term tenant is in year 2 of a 6 year lease with option to renew. Well maintained roof. Tenants paying all utilities. These are great tenants, have been there for over a year and treat their apartments like a true home. Rare to find this type of property so close to the city center, in downtown with many properties being purchased by out-of-state (NYC) investors. SEE PHOTOS, Property is next to large commercial buildings and is located in downtown Allentown, within walking distance of all attractions, restaurants, and sports games, and near all interstates. The ownership group is listing over 25 multi-family units available in addition to this property. *Seller is a licensed real estate agent. ** PROJECTIONS are over $85,000 with slightly higher rents**
Full Property Details
Full Property Details for 445-447 W Linden St
General
- Price: $750,000
- Taxes: $3,668 (2022)
- Status: Pending
- Type: Apartment
- MLS ID: PALH2007738
- Updated: 3/20/2024
- Added to Site: 78 day(s) ago
Business
- Business Type: Apartment Building, Professional
Rooms
Bathrooms
- Restrooms: 6
Parking
- Total Spaces: 10
- Parking Type: On Street, Parking Lot
Location
- Area: Allentown City (12302)
- Municipality: ALLENTOWN CITY
- County: Lehigh
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric, Radiator
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame, Brick
- Stories/Levels: 0
- Year Built: 1890
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Dimensions: 18.00 x 110.00
- Lot Features: Backs - Open Common Area
- Zoning: R-H
- Lot Description: Backs - Open Common Area
Financial Considerations
- Assessment Year: 2023
- School Tax: $2,513
- City/TownTax: $735
- City/TownTax Freq: Annually
- County Tax: $420
- County Tax Freq: Annually
- Tax w/Assessment: $111,000
- Tax Amount: $3,668
- Tax Year: 2022
- Owner Pays: Insurance, Pest Control, Sewer, Taxes - Real Estate
- Landlord Pays: Insurance, Pest Control, Sewer, Taxes - Real Estate
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Other
- Exclusions: Tenants property
- Inclusions: All appliances
- Investment: Yes
- Lot Number: 9
Listed by eXp Commercial, james J Reardon
Get Pre-Approved Today
Schools
Schools serving 445-447 W Linden St
Rating | Name | Grades | Distance |
---|---|---|---|
829 W Turner St, Allentown, PA 18102 | 1-5 | 0.4 mi | |
521 N 2nd St, Allentown, PA 18102 | 1-5 | 0.6 mi | |
Cleveland Elementary School
1227 W Gordon St, Allentown, PA 18102 | K-5 | 0.6 mi | |
137 N 2nd St, Allentown, PA 18101 | 6-8 | 0.4 mi | |
851 N 15th St, Allentown, PA 18102 | 6-8 | 1.4 mi | |
102 S Saint Cloud St, Allentown, PA 18104 | 6-8 | 1.5 mi | |
265 Lehigh St, Allentown, PA 18102 | 9-9 | 0.4 mi | |
106 N 17th St, Allentown, PA 18104 | 9-12 | 1.4 mi | |
815 N Irving St, Allentown, PA 18109 | 9-12 | 1.8 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 445-447 W Linden St
Date
Details
Price
Change
Source
2/16/2024
Listed
$750,000
120.98%
MLS
10/31/2022
Sold
$339,400
—
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 445-447 W Linden St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,411
—
$74,000
—
2023
$2,411
-35%
$74,000
—
2022
$3,707
68%
$74,000
—
2019
$2,210
—
$74,000
—
2020
$2,221
2%
$74,000
—
2019
$2,185
7%
$74,000
—
2018
$2,038
3%
$74,000
—
2017
$1,987
—
$74,000
—
2016
$1,990
—
$74,000
—
2015
$1,991
-32%
$74,000
—
2014
$2,928
—
$74,000
—
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 445-447 W Linden St
445-447 W Linden Street, Allentown, PA 18102 (MLS# PALH2007738) is a Apartment property. 445-447 W Linden Street is currently listed for $750,000 and was received on February 16, 2024. Want to learn more about 445-447 W Linden Street? Do you have questions about finding other Apartment real estate for sale in Allentown? You can browse all Allentown real estate or contact a Coldwell Banker agent to request more information.