43 Broad St Unit multiple properties, Tamaqua, PA 18252

Property Description

Own a significant portion of Tamaqua with this cash-flowing 4 Solid built in "CRIZ" Zone Buildings 43-unit mixed-use portfolio, generating $535,300 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 37 residential units, 5 commercial storefronts, and 1 commercial garage, featuring a mix of 24 two-bedroom/one-bath units and 12 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 (6 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 $428000 net income and growth potential, this is an excellent investment.