1120 West Linden, Allentown, PA 18102

$510,000
3,712
SqFt
List Price
$510,000
MLS#
735401
Status
AVAILABLE
Total Units
2
City
Allentown
Area
Allentown-Central
County
Lehigh
Living Area
3,712
Lot Size
2,657
Year Built
1900

Property 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 5-year lease, while the second-floor residential unit is leased for 1 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. This listing is also listed as an investment property #735068, please go check out cash flow details.

Additional Information

Acres
0.06
Construction
Brick
Cooling
Central AC, Window ACs
Garage
None, On Street
Living Area
3,712
Lot Size
2,657
Net Income
53342
Region
Allentown-Central
School District
Allentown
Sewer
Public
Taxes
$5,978
Total Units
2
Zoning
R-H-HIGH DENSITY RESIDENTIAL

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Signature Lux Realty.

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