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424 E Broad St
Off-Market Call for Pricing
Call for Pricing
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 3,049 Sq Ft
Description
An exceptional turnkey investment in the heart of Tamaqua’s desirable Broad Street corridor, this fully occupied 4-unit apartment building generates a Gross Income of $61,500 and a Net Operating Income of $53,603, delivering an impressive 11% cap rate at asking. The property consists entirely of four spacious 2BR/1BA units, appealing to working professionals and small families alike. With strong tenant demand and stabilized occupancy, this is a rare cash-flowing opportunity in a competitive rental market. Ownership has completed significant updates to maximize longevity, reduce maintenance, and attract quality tenants. Upgrades include new windows, flooring, and electrical systems, as well as renovated kitchens and baths. Two units feature brand-new stainless steel appliances, adding value and marketability. These modern improvements, combined with solid construction, make the property a durable, low-risk acquisition. Tenants are responsible for electricity and heat, while the landlord covers taxes, insurance, and water/sewer/trash, streamlining utility management and ensuring predictable expenses. Located minutes from major highways and shopping, the property benefits from excellent accessibility and a steady tenant base. The current owners, including one licensed real estate agent, are selling only because they live 1.5 hours away—making this a prime opportunity for local or regional investors seeking reliable returns and a property requiring no immediate work.
Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $479,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 0 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 65130261 |
| MLS # | PASK2018614 |
| Property ID | 321080084 |
| Lot Sqft | 3,049 |
| Zoning | X |
| Total Units | 4 |
| Date Updated | September 06, 2025 |
| Date Created | November 23, 2024 |
Listing Provided By
james J Reardon an agent of . Lic #RS342638
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Data last updated: February 11, 2026.
Contact Agent
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Showing Agent
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- 30 mins
- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT