424 E Broad St Tamaqua, PA 18252

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Listed by James Reardon · License #PA RS337438

Source Crexi

Added: Apr 24 Updated: Jul 21 at 5:34AM Checked: Jul 21 at 5:34AM

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Investment Insights

Based on property information with market context.

This fully occupied four-unit apartment building includes four two-bedroom, one-bath units. The property has undergone significant recent updates, including new windows, flooring, electrical improvements, renovated kitchens, updated bathrooms, and new stainless steel appliances in two units.

Located at 424 E Broad St in Tamaqua, the building is described as being minutes from major highways and shopping. Tenants are responsible for electricity and heat, while the landlord covers taxes, insurance, and water/sewer/trash. The current occupancy is reported as 100%.

The ownership team, including one licensed real estate agent, is selling due to living approximately 1.5 hours away.

Key Highlights

• Fully occupied 4‑unit apartment building with four 2BR/1BA units
• Net income of $53,603 and 11% CAP at the asking price ($61,500 gross stated)
• Recent updates include new windows, flooring, electrical, renovated kitchens and updated baths

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FAQs

What type of property is this?

Quadplex - Four fully occupied two-bedroom units with recent updates and tenant-paid utilities.

Where is this quadplex located?

The property is located at 424 E Broad St Tamaqua, PA.

What are key features of this property?

This property features: Fully occupied 4‑unit apartment building with four 2BR/1BA units; Net income of $53,603 and 11% CAP at the asking price ($61,500 gross stated); Recent updates include new windows, flooring, electrical, renovated kitchens and updated baths