Homes for sale - 755 E BROAD ST, Tamaqua, PA 18252

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Alee Heidar

alee.heidar@engelvoelkers.com +1(206) 966-1792

$ 375,000

Est. payment -/mo

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Active

755 E BROAD ST Tamaqua, PA 18252

3,981 SqFt

UPDATED:

12/03/2024 03:26 PM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,981 sqft

Price per Sqft $94

Subdivision East End

MLS Listing ID PASK2018612

Style Other

Abv Grd Liv Area 3,981

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $1,279

Tax Year 2013

Lot Size 4,791 Sqft

Acres 0.11

Property Description

This 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.

Location

State PA

County Schuylkill

Area Tamaqua Boro (13365)

Zoning R-4

Rooms

Basement Full

Interior

Hot Water Electric

Heating Hot Water

Cooling None

Fireplace N

Heat Source Electric

Exterior

Parking Features Built In

Garage Spaces 9.0

Water Access N

View City, Mountain

Roof Type Shingle

Accessibility 2+ Access Exits

Attached Garage 2

Total Parking Spaces 9

Garage Y

Building

Foundation Block, Concrete Perimeter, Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

High Schools Tamaqua Area Senior

School District Tamaqua Area

Others

Tax ID 65-29-0018

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

Listed by james J Reardon • eXp Commercial

Alee Heidar

Principal Broker | License ID: 126102

+1(206) 966-1792

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