755 E Broad Street
TAMAQUA, Pennsylvania 18252

Active / MLS #PASK2018612 / Multiple Unit (2-4) / TAMAQUA
Listing information updated 12/3/2024 at 10:41am
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.

Listing Office: eXp Commercial

Listing Office Phone: 888.397.7352

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755 E Broad Street is a multiple unit (2-4) currently listed at $375,000. This multiple unit (2-4) has been listed on RLAH @properties since November 23rd, 2024 and was built in 1925. Nearby schools include Tamaqua Area Senior.