1120 Linden Street
1120 Linden Street
$510,000
4
1
3,712
3,712
$137
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 five-year lease, while the second floor residential unit is leased for one 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...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 five-year lease, while the second floor residential unit is leased for one 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.
- Listed by Carmen E. Lajas • Signature Lux Realty
- Listed by Jay Peters • Signature Lux Realty
Property Details for 1120 Linden Street
Area
Allentown-Central
Sub divisionNot in Development
Location
LISTING UPDATED: 04/02/2024 08:48 PM
Property Details for 1120 Linden Street
Status | Available |
---|---|
MLS # | 735068 |
Days on Market | 27 |
Taxes | $5,979 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Commercial |
Year Built | 1900 |
Lot Size | 0.06 AC / 2,657 SF |
County | Lehigh County |
Location
Building Information for 1120 Linden Street
Stories2Residences2Year Built1900Building Size-Lot Size0.06 AC / 2,657 SF
Payment Calculator
$3,282 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1120 Linden Street
Property History for 1120 Linden Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1120 Linden Street
Taxable ValueLand$18,500Additions$163,700Total$182,200
Tax Record2024$5,979 ($498 / month)
Home Facts
Baths2Total Finished SqFt3,712 SqFtAbove Grade Finished SqFt3,712 SqFtStories2Lot Size2,640 SqFtStyleOffice BuildingYear Built1900ZoningR-HCountyLEHIGHAPN549689485705-1
Schools near 1120 Linden Street
This home is within Allentown City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mckinley El School Public1 to 5 | ||
Francis D Raub Middle School Public6 to 8 | ||
William Allen High School Public9 to 12 | ||
Building 21 Allentown Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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