Remarks

Turnkey 8-Unit Investment Property | $900,000 | 8.09.57% 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.

Details

MLS#: PASK2022058
Price: $900,000

Year Built: 1920

County: SCHUYLKILL
Tax Fee: 15495

School High: TAMAQUA AREA SENIOR
School District: TAMAQUA AREA