NOT LISTED FOR SALE

502 E Union St Tamaqua, PA 18252

-- Bed
-- Bath
2,500 Sq Ft
6,534 Sq Ft Lot

Last Sold December 29, 2021

Last sale price $80,000 $32 Per Sq Ft

63 Days on Market

About This Home

As of December 2021

This handyman special is an incredible opportunity to turn some sweat equity into a projected 15% cap rate! The left side of the building is a large 3-bedroom, 1.5 bath residential apartment with its own entrance. The right side has a store front (originally intended as a restaurant) at the bottom, with a large 2-bedroom, 1 bath apartment above it - all 3 with separate entrances. The store front also has access to a massive basement below. Bring your imagination, your tools and some paint and start living the dream as an investor making passive income with this opportunity. Property is being sold as-is. Motivated seller, bring me an offer, show me the money!!!

Last Agent to Sell the Property

Joshua Young

Peak Properties PA License #RM426071 Listed on: 09/30/2021

Last Buyer's Agent

(Lehigh) GLVR Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 65090016000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1920
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.15
  • Co List Office Phone: 610-816-0646
  • MLS Status: Closed
  • ResoBuildingAreaSource: Estimated
  • Location Tax and Legal Parcel Number2: 65090016000
  • Location Tax and Legal School Tax Amount2: 1690.44
  • Location Tax and Legal Tax Annual Amount2: 3322.76
  • Location Tax and Legal Zoning Description2: Commercial
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.15
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Oil2: Yes
  • Cooling None4: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Disclosures: Right of First Refusal

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: None
  • Heating: Oil
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Oil: Yes

Schools

  • Junior High Dist: Tamaqua Area

Lot Info

  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 65090016000
  • Zoning Description: Commercial

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3322.76
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $80,000 -27.2% $32 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $109,900 -- $44 / Sq Ft
Source: Pocono Mountains Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-91881

Pocono Mountains Association of REALTORS®
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