409 Broad ST #409 new Save Request In-Person Tour Request Virtual Tour
Tamaqua Boro,PA 18252
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Not In Development
MLS Listing ID 760478
Bedrooms 12
Full Baths 8
HOA Y/N No
Year Built 1920
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Apartment
Property Description
8-Unit Investment BRICK Property | $900,000 | Gross Income: $107,100 |Net Operating Income: $70,810 (projected) This fully renovated 8-unit BRICK residential property is a Diamond for this area and will be quickly rented. Located in the heart of Tamaqua, this brick building features a new roof, restored brickwork, fresh exterior paint, and renovated interiors across all units — ensuring minimal maintenance and maximum return. Recent Renovations: Brand new roof Fresh brick restoration and exterior paint Interior upgrades to all units (kitchens, baths, flooring, finishes) ?? Unit Mix: (4) 3BR / 1BA units (4) 1BR / 1BA units All units are separately metered for electric, and water is on the tenants. ?? Financials: Actual Gross Rents: $8,925/mo ($107,100/year) Projected Rents: $10,200/mo ($122,400/year) Operating Expenses: $36,290/year Cap Rate: 8.0% actual | 9.57% projected Net Income: $70,810 (Actual ?? Investor Highlights: Fully rented or rent-ready with updated leases Separate utilities and efficient layout Strong tenant demand in a growing market Professionally managed and easy to operate Whether you're a seasoned investor or looking to scale your portfolio, this 8-unit property offers excellent income, value-add potential.
Location
State PA
County Schuylkill
Area Tamaqua
Direction 209 w to 409 w broad
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway,Off Street,On Street
Water Access Desc Public
Total Parking Spaces 9
Building
Sewer Public Sewer
Water Public
Schools
School District Tamaqua
Others
Senior Community No
Tax ID 65110388000
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://youtu.be/-5ZiTGB4ld4