$900,000/mo

409 Broad Street 409, Tamaqua Boro, PA 18252

  • 12 beds |
  • 8 baths
  • Property Icon Rental
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 13 days ago

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.

Listing Status:
Active
Listing Office:
EXP Realty LLC : (888) 397-7352
MLS ID:
760478
  • A/C: Wall/Window Unit(s)
  • Heating: Electric

This listing courtesy of EXP Realty LLC

Location

Schools Nearby

T

Tamaqua Elementary School

Boyle Ave, Tamaqua, PA, 18252

Grades KG-5

0.48 miles away

T

Tamaqua Area Middle School

502 Penn St, Tamaqua, PA, 18252

Grades 6-8

0.35 miles away

T

Tamaqua Area Sr High School

500 Penn St, Tamaqua, PA, 18252

Grades 9-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.