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Sold for $680,000
  • $680,000

    445 W Linden Street, Allentown City, PA 18102

    5beds
    2,050sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $494,100 Zestimate®
    $332/sqft
    $1,549 Estimated rent

    Home value

    $494,100

    $440,000 - $548,000

    $1,549/mo

    Zestimate® history
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    What's special

    $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***

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Schoenberger,

    EXP Realty LLC

    Bought with:

    Kristine McCreary-Williams

    Full CircleRealty&PropertyMgmt

    Source: eXp Realty,MLS#: 732689Originating MLS: Lehigh Valley Mls

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Gas
    Cooling
    • Wall Units
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 2,050 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Driveway, Off Street, On Street
    Features
    • Stories: 3
    Lot
    • Size: 1,785 sqft
    Details
    • Parcel number: 640721140931001
    • Zoning: R-H-HIGH DENSITY RESIDENT

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Other, Vinyl Siding
    Condition
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Fire Escape
    Location
    • Region: Allentown
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/4/2024Sold$680,000+100.4%$332/sqft
    Source: eXp Realty #179988199 Report a problem
    11/3/2022Sold$339,400+44.4%$166/sqft
    Source: Public Record Report a problem
    9/28/2007Sold$235,000$115/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,040 $111,000
    2024$6,040 $111,000
    2023$6,040 $111,000
    2022$6,040 +3.4%$111,000
    2021$5,844 +1.5%$111,000
    2020$5,755 +11279.8%$111,000
    2019$51 +1.6%$111,000
    2018$50 $111,000
    2017-- $111,000
    2016-- $111,000
    2015-- $111,000

    Find assessor info on the county website

    Neighborhood: Jordan Heights/Old Fairgrounds

    Nearby schools

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

    Source: eXp Realty. 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
    $494,100
    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
    $494,100