000 E Broad Street

    TAMAQUA, PA 18252
    • $1,250,000
    • STATUS: Active
    • ON SITE: 153 days
    • ID#: 1002275834
    UPDATED: 53 min ago
    $1,250,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1918
    County:

    School Ratings & Info

    School District:

    Description

    Here's your opportunity to expand your investment portfolio! 21 turn key units ready to make you money! Annual gross income of $203,520; NOI $150,782.80. 17 single family rentals and one 2 mixed use 2 unit, one side by side duplex on one deed. So many improvements have been made to these properties such as new roofs, windows, kitchen, bathrooms, boilers etc. The upgrades are too long to list. This all comes with an 12% CAP rate for the landlord who manages the properties themselves. You can afford to hire a management company and still have a 10% CAP rate. Complete list of addresses is attached.

    Monthly Payment Calculator

    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. 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. Data last updated: 2019-02-20T10:54:27.65.
    www.centralpahomesaleteam.com/homes/87671873

    000 E Broad Street TAMAQUA, PA 18252

    • Price: $1,250,000
    • Status: Active
    • Updated: 53 min ago
    • ID#: 1002275834
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1918
    Built
    Neighborhood:
    Tamaqua
    County:
    Schuylkill
    Area:
    Tamaqua Boro (13365)
    School District:
    Tamaqua Area
    Property Description
    Here's your opportunity to expand your investment portfolio! 21 turn key units ready to make you money! Annual gross income of $203,520; NOI $150,782.80. 17 single family rentals and one 2 mixed use 2 unit, one side by side duplex on one deed. So many improvements have been made to these properties such as new roofs, windows, kitchen, bathrooms, boilers etc. The upgrades are too long to list. This all comes with an 12% CAP rate for the landlord who manages the properties themselves. You can afford to hire a management company and still have a 10% CAP rate. Complete list of addresses is attached.
    Exterior Features

    Architectural Style Other Construction Materials Vinyl Siding Garage YN No Parking Types None Riparian Rights YN No Sign On Property YN N Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 31500.00 Cooling Other Fireplace YN No Heating Other Heating YN Yes Net Square Feet 31500.00 Room List Master Bedroom

    Property Features

    Accessibility Features None Annual Gross Expense 62474.00 Association YN No Business Type Apartment BuildingOther Central Air YN No Condo YN No Cooling Fuel Other Cross Street Broad Gross Income 203520.00 Heating Fuel Other Hot Water Other Incorporated City Name Various Navigable Water YN N Net Operating Income 150782.80 New Construction YN No Number Of Units Leased 19 Original MLSNumber 300498147951:TREND Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Includes Building OnlyLand Only Sale Type Standard Sewer Public Sewer Tax Annual Amount 1993.0 Tax Assessment Amount 26360.0 Tax Lot 18 Vacation Rental YN No Water Source Public Zoning Res

    Listing courtesy of Coldwell Banker Hearthside-Allentown.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. 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. Data last updated: 2019-02-20T10:54:27.65.
     
    Berkshire Hathaway HomeServices Homesale Realty
    801 Belvedere St, Suite 100
    Carlisle PA, 17013
    \