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- $479k Price
- .07 Acres
- 255 DOM
424 E Broad St E
An exceptional turnkey investment in the heart of Tamaqua’s desirable Broad Street corridor, this fully occupied 4-unit apartment building generates a Gross Income of $61,500 and a Net Operating Income of $53,603, delivering an impressive 11% cap rate at asking. The property consists entirely of four spacious 2BR/1BA units, appealing to working professionals and small families alike. With strong tenant demand and stabilized occupancy, this is a rare cash-flowing opportunity in a competitive rental market. Ownership has completed significant updates to maximize longevity, reduce maintenance, and attract quality tenants. Upgrades include new windows, flooring, and electrical systems, as well as renovated kitchens and baths. Two units feature brand-new stainless steel appliances, adding value and marketability. These modern improvements, combined with solid construction, make the property a durable, low-risk acquisition. Tenants are responsible for electricity and heat, while the landlord covers taxes, insurance, and water/sewer/trash, streamlining utility management and ensuring predictable expenses. Located minutes from major highways and shopping, the property benefits from excellent accessibility and a steady tenant base. The current owners, including one licensed real estate agent, are selling only because they live 1.5 hours away—making this a prime opportunity for local or regional investors seeking reliable returns and a property requiring no immediate work.
Essential Information
- MLS® #PASK2018614
- Price$479,000
- Bathrooms0.00
- Acres0.07
- Year Built1900
- TypeMulti-Family
- Sub-TypeQuad, Detached
- StyleTraditional
- StatusActive
Community Information
- Address424 E Broad St E
- AreaTamaqua Boro (13365)
- CityTAMAQUA
- CountySCHUYLKILL-PA
- StatePA
- MunicipalityTAMAQUA BORO
- Zip Code18252
Interior
- HeatingBaseboard - Electric
- CoolingNone
Exterior
- FoundationBlock, Slab
Exterior
Block, Brick and Siding, Concrete/Block, Vinyl Siding
School Information
- DistrictTAMAQUA AREA
- HighTAMAQUA AREA SENIOR
Additional Information
- Date ListedNovember 24th, 2024
- Days on Market255
- ZoningX
Listing Details
- OfficeeXp Commercial
- Office Contact8883977352
Price Change History for 424 E Broad St E, TAMAQUA, PA (MLS® #PASK2018614)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $479,000 | $1,000 (0.21%) | |
| Active | – | – | |
| Pending (from Active) | – | – | |
| Price Reduced (from $495,000) | $480,000 | $15,000 (3.03%) |
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Listing information last updated on September 16th, 2025 at 8:03pm CDT.