J
Seller's Agent in 2025
Joshua Schoenberger
EXP Realty LLC
(888) 397-7352
1 in this area
36 Total Sales
755 E Broad St Tamaqua, PA 18252
8
Beds
3
Baths
3,981
Sq Ft
4,792
Sq Ft Lot
About This Home
As of February 2025This 3-unit apartment building has been completely renovated and has a projected gross income of $53,400, a net income of $46,935, and a 12.5% CAP at the asking price. All units have new floors, windows, renovated kitchens, bathrooms, and bedrooms—all brand-new stainless steel appliances in Kitchens. Located on desirable Broad Street in Tamaqua, the property has been significantly updated by the owners to ensure rental solid demand. It consists of THREE 3BR/1BA units and is conveniently located just minutes from highways and shopping. Tenants are responsible for electricity and heat, while the landlord covers taxes, insurance, water, sewer, and trash. The owners, including a licensed real estate agent, are selling because they live 1.5 hours away. This property can be purchased individually or as part of a portfolio with 30+ nearby units, including 755 E Broad St (3-unit), 110 W Ridge St (9-unit), 424 E Broad St (4-unit), and 157 W Ridge St (4-unit). FHA financing is available at 6.25%, 5% down, 30-year fixed. Show and go! Will leave it vacant for showings, but it is extremely easy to rent, and we have tenants waiting for occupancy.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,665
Year Built
- Built in 1928
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40x120
Parking
- 6 Parking Spaces
Home Design
- Frame Construction
- Vinyl Construction Material
- Stone
Interior Spaces
- 3,981 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 65-29-0018.000
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $1,800
- Maintenance Expense $1,000
- Trash Expense $800
- Water Sewer Expense $1,200
- Operating Expense $6,465
- Gross Income $53,400
- Net Operating Income $46,935
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 21, 2024
Closed on
Feb 21, 2025
Sold by
Lehigh Valley Private Equity Fund Llc
Bought by
Calvi Investments Llc
Seller's Agent
Joshua Schoenberger
EXP Realty LLC
Buyer's Agent
Joshua Schoenberger
EXP Realty LLC
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,500
Avg. Annual Appreciation
-13.06%
Original Mortgage
$266,250
Outstanding Balance
$262,626
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$53,874
Purchase Details
Closed on
Sep 3, 2024
Sold by
K & R Jacobs Enterprises Llc
Bought by
Lehigh Valley Private Equity Fund Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $355,000 | Abstract Service Company | |
| Deed | $355,000 | Abstract Service Company | |
| Deed | $385,000 | None Listed On Document | |
| Deed | $385,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $266,250 | New Conventional | |
| Closed | $266,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $355,000 | -5.3% | $89 / Sq Ft | |
| 12/28/2024 12/28/24 | Pending | -- | -- | -- | |
| 11/21/2024 11/21/24 | For Sale | $375,000 | +762.1% | $94 / Sq Ft | |
| 08/22/2013 08/22/13 | Sold | $43,500 | -12.8% | $11 / Sq Ft | View Prior Sale |
| 07/23/2013 07/23/13 | Pending | -- | -- | -- | |
| 06/06/2013 06/06/13 | For Sale | $49,900 | -- | $13 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
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 | $1,784 | $20,435 | $4,200 | $16,235 |
| 2024 | $1,653 | $20,435 | $4,200 | $16,235 |
| 2023 | $1,653 | $20,435 | $4,200 | $16,235 |
| 2022 | $1,609 | $20,435 | $4,200 | $16,235 |
| 2021 | $1,601 | $20,435 | $4,200 | $16,235 |
| 2020 | $1,567 | $20,435 | $4,200 | $16,235 |
| 2018 | $1,519 | $20,435 | $4,200 | $16,235 |
| 2017 | $1,474 | $20,435 | $4,200 | $16,235 |
| 2015 | -- | $20,435 | $4,200 | $16,235 |
| 2011 | -- | $20,435 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Schoenberger
-
T
Seller's Agent in 2013
Tammy Swinburne
Towne and Country Real Estate
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 748371
APN: 65-29-0018.000
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