424 E Broad St E, Tamaqua, PA 18252

An exceptional turnkey investment in the heart of Tamaqua’s desirable Broad Street corridor, this fully occupied 4-unit apartment building generates a Gross Income of $61,500 and a Net Operating Income of $53,603, delivering an impressive 11% cap rate at asking. The property consists entirely of four spacious 2BR/1BA units, appealing to working professionals and small families alike. With strong tenant demand and stabilized occupancy, this is a rare cash-flowing opportunity in a competitive rental market. Ownership has completed significant updates to maximize longevity, reduce maintenance, and attract quality tenants. Upgrades include new windows, flooring, and electrical systems, as well as renovated kitchens and baths. Two units feature brand-new stainless steel appliances, adding value and marketability. These modern improvements, combined with solid construction, make the property a durable, low-risk acquisition. Tenants are responsible for electricity and heat, while the … read more …