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Sold for $340,000
  • $340,000

    1124 W Linden St, Allentown, PA 18102

    5beds
    2,583sqft
    Office, Mixed Use, Multi Family, Apartment
    Built in 1900
    -- sqft lot
    $403,300 Zestimate®
    $132/sqft
    $1,761 Estimated rent

    Home value

    $403,300

    $383,000 - $427,000

    $1,761/mo

    Zestimate® history
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    What's special

    Welcome 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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rick Matos 484-515-8705,

    IronValley RE of Lehigh Valley

    Bought with:

    Elias G. Boutros, RS293806

    TSB Property

    Source: GLVR,MLS#: 739703MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric
    Cooling
    • Wall/Window Unit(s)
    Interior area
    • Total interior livable area: 2,583 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, Garage
    • Has garage: Yes
    Features
    • Stories: 2
    Lot
    • Size: 3,659 Square Feet
    Details
    • Parcel number: 549689482655001
    • Zoning: R-H-HIGH DENSITY RESIDENT
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Office, Mixed Use, Multi Family, Apartment
    Materials
    • Brick
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Not in Development
    Location
    • Region: Allentown

    Financial & listing details

    • Price per square foot: $132/sqft
    • Tax assessed value: $133,400
    • Annual tax amount: $4,609
    • Date on market: 6/13/2024
    • Cumulative days on market: 27 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/11/2024Sold$340,000-5.3%$132/sqft
    Source: GLVR #739703 Report a problem
    8/22/2024Pending sale$359,000$139/sqft
    Source: GLVR #739703 Report a problem
    8/8/2024Listed for sale$359,000$139/sqft
    Source: GLVR #739703 Report a problem
    8/2/2024Pending sale$359,000$139/sqft
    Source: GLVR #739703 Report a problem
    7/24/2024Listed for sale$359,000$139/sqft
    Source: GLVR #739703 Report a problem
    6/17/2024Pending sale$359,000$139/sqft
    Source: GLVR #739703 Report a problem
    6/13/2024Listed for sale$359,000+327.4%$139/sqft
    Source: GLVR #739703 Report a problem
    12/6/2019Sold$84,000+12%$33/sqft
    Source: GLVR #589487 Report a problem
    4/15/2019Listing removed$75,000$29/sqft
    Source: Keller Williams Real Estate #589487 Report a problem
    4/6/2019Price change$75,000-31.8%$29/sqft
    Source: Keller Williams Real Estate #589487 Report a problem
    3/26/2019Price change$110,000-4.3%$43/sqft
    Source: Keller Williams Real Estate #589487 Report a problem
    3/17/2019Price change$115,000-4.2%$45/sqft
    Source: Lehigh Valley Regional Realty #589487 Report a problem
    3/12/2019Price change$120,000-4%$46/sqft
    Source: Lehigh Valley Regional Realty #589487 Report a problem
    12/29/2018Price change$125,000-3.8%$48/sqft
    Source: Lehigh Valley Regional Realty #589487 Report a problem
    12/28/2018Listed for sale$130,000$50/sqft
    Source: Lehigh Valley Regional Realty #589487 Report a problem
    11/19/2018Listing removed$130,000$50/sqft
    Source: Lehigh Valley Regional Realty #589487 Report a problem
    10/11/2018Price change$130,000-7.1%$50/sqft
    Source: Lehigh Valley Regional Realty #589487 Report a problem
    10/5/2018Price change$140,000-6.7%$54/sqft
    Source: Lehigh Valley Regional Realty #589487 Report a problem
    9/2/2018Listed for sale$150,000+215.8%$58/sqft
    Source: Lehigh Valley Regional Realty #589487 Report a problem
    10/2/1998Sold$47,500$18/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,259 $133,400
    2024$7,259 $133,400
    2023$7,259 $133,400
    2022$7,259 +3.4%$133,400
    2021$7,023 +1.5%$133,400
    2020$6,916 +11278.9%$133,400
    2019$61 +1.6%$133,400
    2018$60 $133,400
    2017-- $133,400
    2016-- $133,400
    2015-- $133,400
    2014-- $133,400 +360%
    2012-- $29,000
    2010-- $29,000
    2009-- $29,000
    2008-- $29,000
    2007-- $29,000
    2006-- $29,000
    2005-- $29,000
    2004-- $29,000
    2003-- $29,000
    2002-- $29,000
    2000-- $29,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Allentown

    Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $403,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $403,300