43 Broad Street #multiple properties, FOR SALE


Tamaqua, PA
$4,410,000 USD
484-358-5688
, Tamaqua, PA for Sale
$4,410,000 USD
FOR SALE
1/19
null | 9.73% Cap Rate

43 Broad Street #multiple properties,
Tamaqua, PA


HIGHLIGHTS

  • Most units feature modern renovations such as hardwood flooring, updated kitchens, new appliances, and upgraded countertops, enhancing tenant appeal.
  • Diverse unit mix includes 38 residential apartments and 6 commercial spaces

OVERVIEW

Own a significant portion of Tamaqua with this cash-flowing 4 Solid built in "CRIZ" Zone Buildings 44-unit mixed-use portfolio, generating $536,400 in gross annual income and offering a 12.16% gross cap rate at the listing price of $4,410,000. This rare package includes 4 buildings with a total of 38 residential units, 5 commercial storefronts, and 1 commercial garage, featuring a mix of 33 two-bedroom/one-bath units and 5 one-bedroom/one-bath units, with in-unit laundry hookups in select buildings (101 Pine St and 101 E Broad St). Most apartments have been beautifully renovated with new hardwood flooring, new carpets, fresh paint, modern kitchens, updated appliances, and upgraded countertops. Ownership has continuously maintained and improved the portfolio, resulting in stable occupancy and strong performance. The offering includes: 101 Pine St (12 residential units, 1 commercial/garage, 15 parking spaces), 43–45 W Broad St (8 renovated 2BR/2BA units and 1 commercial space), 101 E Broad St (11 residential units—4 one-bedroom, 6 two-bedroom—and 3 commercial units), and 238 E Broad St (7 residential units and 1 commercial unit). This turnkey, income-producing, multi-building package presents a rare opportunity for investors seeking strong returns and long-term growth in Tamaqua Borough.With $429200 net income and growth potential this is an excellent investment.

ASK ABOUT THIS PROPERTY

Preety MinhasSaffron Real EstateMore Info
484-358-5688

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Preety MinhasSaffron Real EstateMore Info
484-358-5688

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.