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424 E BROAD E STREET, TAMAQUA, PA 18252
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$479,000
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Home Details for 424 E BROAD E STREET
Price
$479,000
Type
Multi Family
Bedrooms
8
Year Build
1900
Lot Size
0.07
County
SCHUYLKILL
Tax
$2,997
MLS®️ Listing#
PASK2018614
On exitrealty.com
326 days
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.
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- Heating Information
- Electric
- Baseboard
- Cooling Information
- None
- Water Features
- Public
- Parking
- On Street
Listing Courtesy: eXp Commercial - 888-397-7352
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-06 15:45:36
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EXIT PREFERRED REALTY
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EXIT PREFERRED REALTY
1047 Lincoln Way East, Chambersburg, PA 17201