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Tamaqua,PA 18252
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,981 sqft
Price per Sqft $94
Subdivision East End
MLS Listing ID PASK2018612
Style Other
Abv Grd Liv Area 3,981
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $1,279
Tax Year 2013
Lot Size 4,791 Sqft
Acres 0.11
Property Description
This 3-unit apartment building has been completely renovated and has a projected gross income of $53,400, a net income of $46,935, and a 12.5% CAP at the asking price. All units have new floors, windows, renovated kitchens, bathrooms, and bedrooms—all brand-new stainless steel appliances in Kitchens. Located on desirable Broad Street in Tamaqua, the property has been significantly updated by the owners to ensure rental solid demand. It consists of THREE 3BR/1BA units and is conveniently located just minutes from highways and shopping. Tenants are responsible for electricity and heat, while the landlord covers taxes, insurance, water, sewer, and trash. The owners, including a licensed real estate agent, are selling because they live 1.5 hours away. This property can be purchased individually or as part of a portfolio with 30+ nearby units, including 755 E Broad St (3-unit), 110 W Ridge St (9-unit), 424 E Broad St (4-unit), and 157 W Ridge St (4-unit). FHA financing is available at 6.25%, 5% down, 30-year fixed. Show and go! Will leave it vacant for showings, but it is extremely easy to rent, and we have tenants waiting for occupancy.
Location
State PA
County Schuylkill
Area Tamaqua Boro (13365)
Zoning R-4
Rooms
Basement Full
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Fireplace N
Heat Source Electric
Exterior
Parking Features Built In
Garage Spaces 9.0
Water Access N
View City,Mountain
Roof Type Shingle
Accessibility 2+ Access Exits
Attached Garage 2
Total Parking Spaces 9
Garage Y
Building
Foundation Block,Concrete Perimeter,Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools Tamaqua Area Senior
School District Tamaqua Area
Others
Tax ID 65-29-0018
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard