PA > Tamaqua Boro > Not In Development
Tamaqua Boro, PA 18252,409 Broad ST #409
Tamaqua Boro, PA 18252,409 Broad ST #409
Tamaqua Boro, PA 18252,409 Broad ST #409
Tamaqua Boro, PA 18252,409 Broad ST #409
Tamaqua Boro, PA 18252,409 Broad ST #409
Tamaqua Boro, PA 18252,409 Broad ST #409
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Heather McFadden

Heather McFadden

+1(610) 360-1137
$ 900,000
Est. payment | /mo

12 Beds

8 Baths

7,840 Sqft Lot

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$ 900,000
Est. payment | /mo
Save Virtual Tour

12 Beds

8 Baths

7,840 Sqft Lot

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

Listed by EXP Realty LLC
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(610) 360-1137

heather.m@morganelliproperties.com

1124 Linden Street, Bethlehem, Pennsylvania, 18018, USA

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409 Broad ST #409