424 East Broad Street Active

Tamaqua Borough,PA 18252

$ 487500

8 Beds

4 Baths

5600 SqFt


Key Details

Property Type Condo, Commercial

Sub Type Apartment Style,Complex

Listing Status Active

Purchase Type For Sale

Square Footage 5,600 sqft

Price per Sqft $87

Subdivision Not In Development

MLS Listing ID 748370

Bedrooms 8

Full Baths 4

Year Built 1950

Annual Tax Amount $2,797

Lot Size 3,049 Sqft

Property Sub-Type Apartment Style,Complex

Property Description

This stunning FULLY OCCUPIED 4-unit apartment building comes with ALL two-bedroom units and has a $61,500 gross, $53,603 net, and an 11% CAP @ asking. It is a prime investment. Located on desirable Broad St. in Tamaqua, the owners have made significant updates, ensuring strong rental demand. Upgrades include new windows, flooring, electrical, renovated kitchens, updated baths, and new stainless steel appliances (two units). The property features four 2BR/1BA units and is minutes from major highways and shopping. Tenants pay for electricity and heat; the landlord covers taxes, insurance, water/sewer/trash. The owners, including one licensed RE agent, are selling due to living 1.5 hours away.This is now 100% occupied

Location

State PA

County Schuylkill

Area Tamaqua

Interior

Cooling Wall AC

Exterior

Garage Spaces 2.0

Building

Story 3.0

Sewer Public

Water Public

New Construction No

Schools

School District Tamaqua

Others

Financing Cash,Conventional,FHA,FHA-203k

Special Listing Condition Not Applicable

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