Tamaqua, PA 18252,409-411 W BROAD ST
Tamaqua, PA 18252,409-411 W BROAD ST
Tamaqua, PA 18252,409-411 W BROAD ST
Tamaqua, PA 18252,409-411 W BROAD ST
Tamaqua, PA 18252,409-411 W BROAD ST
Tamaqua, PA 18252,409-411 W BROAD ST
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Listed by james J Reardon • eXp Commercial
$ 900,000
Est. payment | /mo

7,841 SqFt


$ 900,000
Est. payment | /mo

7,841 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,841 sqft

Price per Sqft $114

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

This cash-flowing, brick-built 8-unit multifamily stunner generates a Net Operating Income of $93,419 on Gross Income of $120,000, offered at $900,000, delivering a 10% cap at full occ, self-managed. Owners invested over $100,000 in targeted upgrades to deliver stability, low upkeep, & tenant appeal. Interiors: $80K across all 8 units with full spackle/paint, flooring replacements where needed, & refreshed kitchens & baths with updated fixtures, cabinetry, & plumbing. Exterior scope: brand-new roof; $3,200 brick repointing to protect the envelope; $4,095 demo of failing metal steps & installation of reinforced steps with safety railings; $8,500 replacement/repair of exterior stair & balcony wood using pressure-treated, code-compliant materials; fresh exterior paint & cleanup. Each unit is separately metered for electric—TNTs shoulder their own usage, supporting NOI & predictable ownership costs. Solid brick construction, efficient layouts, code-compliant improvements, & a supply-constrained rental market underpin durable occupancy & upside. This is turnkey: minimal near-term capex, stabilized operations, & professional workmanship designed for longevity. Whether you're growing a portfolio or executing a 1031 exchange, this income-forward asset offers immediate returns, resilient cash flow, & appreciation potential in a revitalizing Tamaqua. Request the rent roll, renovation invoices, & pro forma. *Some estimated or projected financials based on industry standards.

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

Bright MLS (BMLS)
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+1(973) 500-3253

info@carellyrealty.com

549 Millburn Ave, Short Hills, NJ, 07078-3330, USA

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409-411 W BROAD ST