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USAPAAllentownNot in Development827 W Linden St
827 W Linden St, Condo with 11 bedrooms, 8 bathrooms and 3 parking in Allentown PA | Image 1
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$1,325,000

827 W Linden St, Allentown, PA

Condo

For Sale

$--,---,---
1183
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 6100 sqft
Garage No
Maintenance Fees $1,000
Taxes $9,384
Days Active 0
Approx. Age 1900
Avg. Price Per Sqft $217
MLS® Number 760470

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

OWN A CITY BLOCK generating $126, 000 Gross Income & LOW expenses giving the lucky buyer a $105, 441 NET INCOME, 8% CAP RATE. This property would be 10X if in NYC. This stunning, cash-flowing, turnkey, 7-unit investment property has gorgeous curb appeal and has been completely renovated from TOP to Bottom with NEW Hardwood Floors, New PEX plumbing, NEW Kitchens with new cabinets and mostly stainless steel appliances, New windows throughout, NEW Laundry Room, New roof, and Newly Paved PRIVATE Parking lot with a few spaces for the tenants. Each unit is massive and has a ton of sunlight. This property is extremely safe, is located next to a beautiful Church, the police station, and across from a massive parking garage that is used for the events held at the famous PPL Center, home of the Phantoms, bringing in hundreds of thousands of fans. This property has guaranteed appreciation and is already rented at high rents to great tenants. One day a massive developer is going to make an offer on this city block and you can get a lottery ticket in a few years while making cash flow and owning an iconic downtown city property. *One of the sellers is a licensed real estate agent.Show Description
MLS® Number760470
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard
A/CCentral Air, Wall Window Units
Heating Fuel

Extras

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