424 E Broad Street E
Tamaqua, PA 18252
- – beds
- – baths
- – sqft
- 3,049 sqft lot
- 1900 build
This stunning 4-unit apartment building has a projected $61,500 gross, $53,603 net, and an 11% CAP @ asking, is a prime investment. Located on desirable Broad St. in Tamaqua, the owners have made significant updates, ensuring strong rental demand. Happy tenants occupy two units, and the 3rd and 4th are undergoing final renovations. Rehab includes new windows, flooring, electrical, renovated kitchens, updated baths, and new stainless steel appliances (two units). The property features four 2BR/1BA units and is minutes from major highways and shopping. Tenants pay for electricity and heat; the landlord covers taxes, insurance, water/sewer/trash. The owners, including one licensed RE agent, are selling due to living 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, Tamaqua (3-unit); 110 W Ridge St, Lansford (9-unit); 424 E Broad St, Tamaqua (4-unit); and 157 W Ridge St, Lansford (4-unit). FHA financing is available with 6.25%, 5% down, 30YR fixed. The owner is leaving two units vacant for showings, but it is extremely easy to rent, and tenants are on the wait list for occupancy.
Last checked:
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Last updated Feb 28, 2025
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MLS# PASK2018614 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1900
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Block, Brick, Concrete, Vinyl Siding
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Building Units Total:4
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Structure Type:Detached
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Architectural Style:Traditional
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Accessibility Features:2+ Access Exits
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Foundation Details:Block, Slab
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA
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Possession:Negotiable
Location
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Directions:09 north to 209 e to 424 e broad
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Latitude:40.79732895
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Longitude:-75.96302032
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.07
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Lot Size Source:Assessor
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Lot Size Dimensions:28.00 x 110.00
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Lot Dimensions Source:Assessor
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Lot SqFt:3,049 Sqft
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Inclusions:all appliances
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Zoning:X
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:103
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (484) 866-2495
- Office phone:
- (888) 397-7352
Taxes
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Tax ID Number:65-13-0261
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Tax Year:2025
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Tax Lot:261
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Tax Annual Amount:$2,997
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Tax Assessed Value:$34,330
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Year Assessed:2025
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School Tax:1542.0
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County Tax:639.00
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City/Town Tax:815.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Septic
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Hot Water:Electric
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Water Source:Public
Schools
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High School:TAMAQUA AREA SENIOR
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School District Name:Tamaqua Area
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School District Source:3rd Party
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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Two Bedroom Units:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/29/14
Jan 29, 2014
|
GLVR | $37,000 |