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Tamaqua,PA 18252
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID PASK2018614
Style Traditional
Year Built 1900
Annual Tax Amount $2,997
Tax Year 2025
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 28.00 x 110.00
Property Sub-Type Detached
Source BRIGHT
Property Description
An exceptional turnkey investment in the heart of Tamaqua's desirable Broad Street corridor, this fully occupied 4-unit apartment building generates a Gross Income of $61,500 and a Net Operating Income of $53,603, delivering an impressive 11% cap rate at asking. The property consists entirely of four spacious 2BR/1BA units, appealing to working professionals and small families alike. With strong tenant demand and stabilized occupancy, this is a rare cash-flowing opportunity in a competitive rental market. Ownership has completed significant updates to maximize longevity, reduce maintenance, and attract quality tenants. Upgrades include new windows, flooring, and electrical systems, as well as renovated kitchens and baths. Two units feature brand-new stainless steel appliances, adding value and marketability. These modern improvements, combined with solid construction, make the property a durable, low-risk acquisition. Tenants are responsible for electricity and heat, while the landlord covers taxes, insurance, and water/sewer/trash, streamlining utility management and ensuring predictable expenses. Located minutes from major highways and shopping, the property benefits from excellent accessibility and a steady tenant base. The current owners, including one licensed real estate agent, are selling only because they live 1.5 hours away—making this a prime opportunity for local or regional investors seeking reliable returns and a property requiring no immediate work.
Location
State PA
County Schuylkill
Area Tamaqua Boro (13365)
Zoning X
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Inclusions all appliances
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Foundation Block,Slab
Sewer Public Septic
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
High Schools Tamaqua Area Senior
School District Tamaqua Area
Others
Tax ID 65-13-0261
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard