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This cash-flowing, brick-built 8-unit multifamily stunner generates a Net Operating Income of $93,419 on Gross Income of $120,000, offered at $900,000, delivering a 10% cap at full occ, self-managed. Owners invested over $100,000 in targeted upgrades to deliver stability, low upkeep, & tenant appeal. Interiors: $80K across all 8 units with full spackle/paint, flooring replacements where needed, & refreshed kitchens & baths with updated fixtures, cabinetry, & plumbing. Exterior scope: brand-new roof; $3,200 brick repointing to protect the envelope; $4,095 demo of failing metal steps & installation of reinforced steps with safety railings; $8,500 replacement/repair of exterior stair & balcony wood using pressure-treated, code-compliant materials; fresh exterior paint & cleanup. Each unit is separately metered for electric"”TNTs shoulder their own usage, supporting NOI & predictable ownership costs. Solid brick construction, efficient layouts, code-compliant improvements, & a supply-constrained rental market underpin durable occupancy & upside. This is turnkey: minimal near-term capex, stabilized operations, & professional workmanship designed for longevity. Whether you're growing a portfolio or executing a 1031 exchange, this income-forward asset offers immediate returns, resilient cash flow, & appreciation potential in a revitalizing Tamaqua. Request the rent roll, renovation invoices, & pro forma. *Some estimated or projected financials based on industry standards.
DAYS ON MARKET | 2 | LAST UPDATED | 9/4/2025 |
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TRACT | Not in Development | YEAR BUILT | 1920 |
COMMUNITY | Tamaqua | COUNTY | Schuylkill |
STATUS | Active | PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | Tamaqua |
CONSTRUCTION | Brick, Other |
EXTERIOR | Balcony |
HEAT | Electric |
LOT | 7841 sq ft |
LOT DIMENSIONS | 52X148 |
PARKING | Driveway, Off Street, On Street |
SEWER | Public Sewer |
STORIES | 3 |
SUBDIVISION | Not in Development |
TAXES | 15601 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with EXP Realty LLC
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