$4,453 Closing Credit¹
james J Reardon, Listing Office: eXp Commercial
$5,878
closing credit¹
424 E Broad St E Tamaqua, PA 18252
$495,000 List price
$5,878
Closing credit¹
0.07 acres
Multi-Family
Property details
About 424 E Broad St E
This stunning 4-unit apartment building has a projected $61,500 gross, $53,603 net, and an 11% CAP @ asking, is a prime investment. Located on desirable Broad St. in Tamaqua, the owners have made significant updates, ensuring strong rental demand. Happy tenants occupy two units, and the 3rd and 4th are undergoing final renovations. Rehab includes 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 property can be purchased individually or as part of a portfolio with 30+ nearby units, including 755 E Broad St, Tamaqua (3-unit); 110 W Ridge St, Lansford (9-unit); 424 E Broad St, Tamaqua (4-unit); and 157 W Ridge St, Lansford (4-unit). FHA financing is available with 6.25%, 5% down, 30YR fixed. The owner is leaving two units vacant for showings, but it is extremely easy to rent, and tenants are on the wait list for occupancy.
Highlights
Home typeQuadruplex
HeatingBaseboard
StatusActive
(ACTIVE)
(ACTIVE)
Lot size0.07 Acres
Year built1900
ParkingOn Street
MLS #PASK2018614
Summary
- MLS Number: PASK2018614
- MLS Name: BRIGHT
- Office Name: eXp Commercial
- Office Phone: (888) 397-7352
- Listing Agent: james J Reardon
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 2:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$495,000
424 E Broad St E
$5,878
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Tamaqua Elementary School
Public District KG-5
0.7 mi
•Boyle Ave
6
West Penn Township Elementary School
Public District KG-5
5.9 mi
•185 School Dr
2
Panther Valley Elementary School
Public District KG-5
9.2 mi
•1 N Mermon Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,250. The majority of Tamaqua, PA residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
37%
<35k
50%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
11%
Single, with Kids
31%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
44%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
NASCAR
Motocross
Where do the neighbors shop?
Academy Sports & Outdoors
Dollar General
GameStop
Where do the neighbors go to eat?
Little Caesars
Cracker Barrel
Sonic
What do the neighbors drive?
Chevrolet
Ram
Jeep
What do the neighbors listen to?
Country- Classic Country
News/Talk/Information
All data provided by Home Junction and Claritas
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This home is located at 424 E Broad St E in Tamaqua, PA and zip code 18252. Features: 0 bathroom. It has been listed on Rocket Homes since November 24, 2024 and is currently priced at $495,000.
Tamaqua, PA housing market in December 2024 saw over 6 listings sold above listed price, more than 2 sold at listed price and over 8 sold below. The number of homes for sale in Tamaqua, PA decreased by 20.3% between November and December 2024. In December 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $140,000.
From Rocket Homes Real Estate and based on county public records data.