409 W Broad St Unit 409 Tamaqua, PA 18252
Estimated payment $5,804/month
Highlights
- 0.18 Acre Lot
- Heating Available
- 3-minute walk to Bungalow Park
- Brick or Stone Mason
About This Home
8-Unit Investment BRICK Property | $900,000 | Gross Income: $107,100 |Net Operating Income: $70,810 (projected) This fully renovated 8-unit BRICK residential property is a Diamond for this area and will be quickly rented. 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) 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.
Property Details
Home Type
- Condominium
Year Built
- Built in 1920
Home Design
- Brick or Stone Mason
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Full Bathrooms
Parking
- Driveway
- On-Street Parking
- Off-Street Parking
Utilities
- Heating Available
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $450
- Gardener Expense $200
- Insurance Expense $5,600
- Maintenance Expense $1,500
- Professional Management Expense $7,497
- Operating Expense $24,100
- Gross Income $107,100
- Net Operating Income $70,801
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | For Sale | $900,000 | -- | -- |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 760478
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