Turnkey 8-Unit Investment Property | $900,000 | 8.0–9.57% Cap Rate Address: 409 W Broad St, Tamaqua, PA 18252 Gross Income: $107,100 (Actual) | $122,400 (Projected) Net Operating Income: $70,810 (Actual) | $86,110 (Projected) This fully renovated 8-unit BRICK residential property is a true turnkey asset delivering strong cash flow and long-term value. Located in the heart of Tamaqua, this brick building features a new roof, restored brickwork, fresh exterior paint, and renovated interiors across all units — ensuring minimal maintenance and maximum return. 🔨 Recent Renovations: Brand new roof Fresh brick restoration and exterior paint Interior upgrades to all units (kitchens, baths, flooring, finishes) 💰 Unit Mix: (4) 3BR / 1BA units (4) 1BR / 1BA units All units are separately metered for electric, and water is on the tenants. 📈 Financials: Actual Gross Rents: $8,925/mo ($107,100/year) Projected Rents: $10,200/mo ($122,400/year) Operating Expenses: $36,290/year Cap Rate: 8.0% actual | 9.57% projected Net Income: $70,810 (Actual) | $86,110 (Projected) 🌟 Investor Highlights: Fully rented or rent-ready with updated leases Separate utilities and efficient layout Strong tenant demand in a growing market Professionally managed and easy to operate Whether you're a seasoned investor or looking to scale your portfolio, this 8-unit property offers excellent income, value-add potential, and peace of mind.
2 weeks ago | Listing first seen on site | |
2 weeks ago | Listing updated with changes from the MLS® |
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