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$ 487,500
Est. payment /mo
Price Dropped by $7K
424 East Broad Street Tamaqua Borough, PA 18252
8 Beds
4 Baths
5,600 SqFt
UPDATED:
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
Listed by EXP Realty LLC