JoinServicesInsightsAbout Us
USAPATamaqua409 W Broad St
409 W Broad St, Condo with 16 bedrooms, 8 bathrooms and 9 parking in Tamaqua PA | Image 1
Link Copied
$900,000

409 W Broad St, Tamaqua, PA

Condo

For Sale

$--,---,---
1689
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 9820 sqft
Garage No
Maintenance Fees $1,500
Taxes $15,601
Days Active 0
Approx. Age 1920
Avg. Price Per Sqft $91
MLS® Number 764131

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® Number764131
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric
A/CWall Window Units
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing