409-411 W BROAD ST Tamaqua, PA 18252
7,841 Sqft Lot
UPDATED:
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
