409 Broad Street 409, Tamaqua Boro, PA 18252
- 12 beds |
- 8 baths
Rental
Built in 1920
7,841sqft lot
—— car garage
$——/sqft
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
Tamaqua Elementary School
Boyle Ave, Tamaqua, PA, 18252
Grades KG-5
0.48 miles away
Tamaqua Area Middle School
502 Penn St, Tamaqua, PA, 18252
Grades 6-8
0.35 miles away
Tamaqua Area Sr High School
500 Penn St, Tamaqua, PA, 18252
Grades 9-12
0.33 miles away