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About the Listing EXPCOMM1 - 3313981
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.
Listing Highlights for 409 W Broad St
Status
Active
Days on Site
69
Property Type
Commercial Sale
MLS ®
PASK2022058
Year Built
1920
Total Square Footage
0
Lot/Acreage
0.18
County
Schuylkill
Area
Tamaqua Boro (13365)
School District
Tamaqua Area
High School
Tamaqua Area Senior
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: RESIDENTIAL
- Roof:
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: On Street,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $15,495
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
409 W Broad St Tamaqua, PA 18252
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