PA > Tamaqua
Tamaqua, PA 18252,409-411 W BROAD ST
Tamaqua, PA 18252,409-411 W BROAD ST
Tamaqua, PA 18252,409-411 W BROAD ST
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Simone Velvel

Simone Velvel

+1(703) 507-7614
Listed by james J Reardon • eXp Commercial
$900,000
Est. payment /mo
7,841 Sqft Lot
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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

Turnkey 8-Unit Investment Property | $900,000 | 8.0–9.57% Cap Rate
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

Read Less Info
Bright MLS (BMLS)
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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409-411 W BROAD ST

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