7,841 Sqft Lot
7,841 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PASK2022058
Year Built 1920
Annual Tax Amount $15,495
Tax Year 2024
Lot Size 7,841 Sqft
Acres 0.18
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Address: 409 W Broad St, Tamaqua, PA 18252
Gross Income: $107,100 (Actual) | $122,400 (Projected)
Net Operating Income: $70,810 (Actual) | $86,110 (Projected)
This fully renovated 8-unit BRICK residential property is a true turnkey asset delivering strong cash flow and long-term value. 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) | $86,110 (Projected)
🌟 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, and peace of mind.
Location
State PA
County Schuylkill
Area Tamaqua Boro (13365)
Zoning RESIDENTIAL
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Inclusions all appliances
Heat Source Electric
Exterior
Garage Spaces 8.0
Water Access N
View City
Accessibility 2+ Access Exits
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Tamaqua Area Senior
School District Tamaqua Area
Others
Tax ID 65-11-0388
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Virtual Tour https://mail.google.com/mail/u/0/?tab=rm&ogbl#inbox/FMfcgzQbfxhlFkjdzPfBtsXJgpcWdJfp?projector=1
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