NOT LISTED FOR SALE

502 E Union St Tamaqua, PA 18252

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

Sale Details

Date 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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