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Street View
$500,000
8 Beds
- 4 Baths
4 full baths
4,332sqft
400 Pine St, Tamaqua, PA 18252
$500,000
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Apartment
Built in 1910
$-- HOA
3,920 sqft lot
$115/sq.ft
Description
$63,600 GROSS INCOME | $50,240 NOI | 10.05% CAP AT $500,000. Fully occupied, renovated and producing from day one, 400 Pine St is a stabilized four-unit investment for a buyer who wants real cash flow without inheriting a major turnaround. The current rent roll is $5,300 per month, supported by signed leases, with a strong unit mix: one spacious 3BR/1BA residence with bonus room, attached garage and washer/dryer; two 2BR/1BA apartments; and one 1BR/1BA apartment. Seller-reported annual operating expenses are only $13,360 with full occupancy and self-management. Ownership invested more than $58,000 in documented improvements designed to improve durability, tenant appeal a...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1910
HOA Fees
-
Finished Area
4,332 sqft
Lot Size
3,920 sqft lot
Basement Area
- sqft
MLS Name
Greater Lehigh Valley MLS
MLS Number
782195
MLS Status
Active
Days on Market
21
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