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$280,000

103-107 WASHINGTON STREET, Tamaqua, PA 18252

Quadplexes

Property Size3,600 SF
Price / SF$77.78
Days on Market3

Property Features for 103-107 WASHINGTON STREET

General Information

Standard status Active
Size 3,600 SF
Property subtype Quadruplex

Units

Unit Mix 4 x 3BR/1BA
Multifamily Units 4

Building Details

Year Built 1920
Buildings 1
Listing Agency: Towne And Country Real Estate, LLC
Listed By: Michael McGinley · License #RM425466
Source: Cummingsrealtors
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 15 at 2:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Towne And Country Real Estate, LLC

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,206
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,120 $424.1K
Cap Rate 7%
$302,943 $302.9K
Cap Rate 9%
$235,622 $235.6K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$32.4K $9.00/SF
− Vacancy
−$2.1K −$0.59/SF
EGI
$30.3K $8.42/SF
− OpEx
−$9.1K −$2.52/SF
NOI
$21.2K $5.89/SF
Area
Schuylkill County, PA
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,120
Cap Rate 7%
$302,943
Cap Rate 9%
$235,622

Alternative Uses

Best Use
Multifamily LT 5
$302.9K
$265.1K – $353.4K (±1% cap)
NOI $21,206 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$281.4K
$246.2K – $328.3K (±1% cap)
NOI $19,696 @ 7.0% cap · market cap 7.03%
Theoretical Best
Office A
$540.0K
$472.5K – $630.0K (±1% cap)
NOI $37,800 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Building Supply Garden Center (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

622
Businesses Nearby

Demographics for 18252, PA

11,016
Population
5,152
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
90%
High-School Grad
68.0 sq mi
ZIP Area
162
Density / Sq Mi
$61,020
Median Household Income
$37,835
Median Earnings
$922
Median Rent
$153,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

Where is this quadplex located?
The property is located at 103-107 WASHINGTON STREET Tamaqua, PA.
What is the asking price?
The asking price for this property is $280,000.
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