PA
SCHUYLKILL
TAMAQUA
18252
424 E BROAD E STREET
424 E BROAD E STREET, TAMAQUA, PA 18252
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Listing Type
Multi Family
Listing Status
active
18
$479,000

Home Details for 424 E BROAD E STREET

Price
$479,000
Type
Residential Income
Bedrooms
8
Bathrooms
0.0
Square feet
NaN
Year built
1900
Lot size acres
0.07
County
SCHUYLKILL
Garage
Days on site
303
MLS Listing#
PASK2018614
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.

Property Features
  • Heating Information
    • Electric
    • Baseboard
  • Cooling Information
    • None
  • Water Features
    • Public
  • Parking
    • On Street
School Information
School Information for 424 E BROAD E STREET, TAMAQUA, PA 18252
Elementary School
N/A
Middle School
N/A
High School
TAMAQUA AREA SENIOR
Listing Courtesy: eXp Commercial - 888-397-7352
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Last Updated: 2025-09-06 15:45:36
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Median Listing Price
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Market statistics compiled from data from Bright MLS.
EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Rich Roberts
Sales Representative
Office
215 623 6000
Agent
717 723 0755
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