424 E Broad St Tamaqua, PA 18252
Estimated payment $2,884/month
About This Home
This stunning FULLY OCCUPIED 4-unit apartment building comes with ALL two-bedroom units and has a $61,500 gross, $53,603 net, and an 11% CAP @ asking. It is a prime investment. Located on desirable Broad St. in Tamaqua, the owners have made significant updates, ensuring strong rental demand. Upgrades include 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 is now 100% occupied
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,797
Year Built
- Built in 1950
Home Design
- Frame Construction
- Vinyl Siding
- Stone
Interior Spaces
- 5,600 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Utilities
- Heating Available
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $1,800
- Maintenance Expense $1,200
- Water Sewer Expense $1,400
- Operating Expense $7,897
- Gross Income $61,500
- Net Operating Income $53,603
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,997 | $34,330 | $3,750 | $30,580 |
| 2024 | $2,777 | $34,330 | $3,750 | $30,580 |
| 2023 | $2,777 | $34,330 | $3,750 | $30,580 |
| 2022 | $2,703 | $34,330 | $3,750 | $30,580 |
| 2021 | $2,689 | $34,330 | $3,750 | $30,580 |
| 2020 | $2,633 | $34,330 | $3,750 | $30,580 |
| 2018 | $2,551 | $34,330 | $3,750 | $30,580 |
| 2017 | $2,476 | $34,330 | $3,750 | $30,580 |
| 2015 | -- | $34,330 | $3,750 | $30,580 |
| 2011 | -- | $34,330 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | For Sale | $480,000 | 0.0% | -- |
| 06/03/2025 06/03/25 | Pending | -- | -- | -- |
| 05/14/2025 05/14/25 | Price Changed | $480,000 | -3.0% | -- |
| 11/24/2024 11/24/24 | For Sale | $495,000 | +1237.8% | -- |
| 01/29/2014 01/29/14 | Sold | $37,000 | -58.4% | $16 / Sq Ft |
| 12/30/2013 12/30/13 | Pending | -- | -- | -- |
| 08/21/2013 08/21/13 | For Sale | $89,000 | -- | $38 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $385,000 | None Listed On Document | |
| Deed | $37,000 | None Available |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 748370
APN: 65-13-0261.000
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