Description
Turnkey 8-Unit Investment Property | $900,000 | 8.0"9.57% Cap RateAddress: 409 W Broad St, Tamaqua, PA 18252Gross 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 roofFresh brick restoration and exterior paintInterior upgrades to all units (kitchens, baths, flooring, finishes)' Unit Mix:(4) 3BR / 1BA units(4) 1BR / 1BA unitsAll 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/yearCap Rate: 8.0% actual | 9.57% projectedNet Income: $70,810 (Actual) | $86,110 (Projected) Investor Highlights:Fully rented or rent-ready with updated leasesSeparate utilities and efficient layoutStrong tenant demand in a growing marketProfessionally managed and easy to operateWhether 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.
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School Information
Description
Turnkey 8-Unit Investment Property | $900,000 | 8.0"9.57% Cap RateAddress: 409 W Broad St, Tamaqua, PA 18252Gross 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 roofFresh brick restoration and exterior paintInterior upgrades to all units (kitchens, baths, flooring, finishes)' Unit Mix:(4) 3BR / 1BA units(4) 1BR / 1BA unitsAll 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/yearCap Rate: 8.0% actual | 9.57% projectedNet Income: $70,810 (Actual) | $86,110 (Projected) Investor Highlights:Fully rented or rent-ready with updated leasesSeparate utilities and efficient layoutStrong tenant demand in a growing marketProfessionally managed and easy to operateWhether 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.
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