new - 1 day on rocket

424 E Broad St, Tamaqua Borough, PA, 18252

$495,000

Home List Price

$5,878*

Closing Credit

8 Bedrooms
4 Full Baths
5,600 SqFt
$88/SqFt
Condo

Location

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424 E Broad St, Tamaqua$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1950
HeatingBaseboard
CoolingWall Unit(s)
MLS #748370
Lot Size0.07 Acres
StatusActive

About 424 E Broad St

This stunning 4-unit apartment building has a projected $61,500 gross, $53,603 net, and an 11% CAP @ asking, is a prime investment. Located on desirable Broad St. in Tamaqua, the owners have made significant updates, ensuring strong rental demand. Happy tenants occupy two units, and the 3rd and 4th are undergoing final renovations. Rehab includes new windows, flooring, electrical, renovated kitchens, updated baths, and new stainless steel appliances (two units). The property features four 2BR/1BA units and is minutes from major highways and shopping. Tenants pay for electricity and heat; the landlord covers taxes, insurance, water/sewer/trash. The owners, including one licensed RE agent, are selling due to living 1.5 hours away. This property can be purchased individually or as part of a portfolio with 30+ nearby units, including 755 E Broad St, Tamaqua (3-unit); 110 W Ridge St, Lansford (9-unit); 424 E Broad St, Tamaqua (4-unit); and 157 W Ridge St, Lansford (4-unit). FHA financing is available with 6.25%, 5% down, 30YR fixed. The owner is leaving two units vacant for showings, but it is extremely easy to rent, and tenants are on the wait list for occupancy.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 3
  • Living Area: 5,600 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 397-7352

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: 309 N to 209 E pass the Turkey Hill 424 broad is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $88/SqFt
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Housing Market Comparison

See how this home compares to others in Tamaqua, PA.

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Tamaqua, PA

City

Med. Sold Price

$140K

Med. Price/SqFt

$85

Avg. Days On Market

13

# of Sold Homes

7

424 E Broad St vs Tamaqua

1 DAY ON ROCKET

-12 Days

$495,000

+$355K More

$88/SqFt

+$3 More

KEY TAKEAWAY

This property is $355K more than the Median Sold Price and $3/SqFt more than other homes in Tamaqua, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HIGH
  • MLS Number: #748370

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 397-7352

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2024 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-846585
3
/10

  • Tamaqua Elementary School

  • Boyle Ave

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-846586
6
/10

  • West Penn Township Elementary School

  • 185 School Dr

  • 5.87 miles

  • Public District Grades KG-5

school-card-donut-846587
2
/10

  • Panther Valley Elementary School

  • 1 N Mermon Ave

  • 9.22 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,250. Most Tamaqua, PA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 424 E Broad St

What is the listing price of this property?

The listing price of 424 E Broad St property is $495,000.

What type of property is this?

The property 424 E Broad St is a condo located in Tamaqua Borough, Pennsylvania, 18252.

Is this property for sale now?

Active Listing: 424 E Broad St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 424 E Broad St has 8 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 424 E Broad St is 5,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 424 E Broad St is 1950.

Rocket Homes›Pennsylvania›Schuylkill County›Tamaqua›18252›424 E Broad St

This home is located at 424 E Broad St in Tamaqua Borough, PA and zip code 18252. This 5,600 square foot home, which was built in 1950, sits on a 0.07 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $495,000.

Over 4 listings were sold over their listed price in October 2024 in Tamaqua, PA. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price. Between September 2024 and October 2024, Tamaqua, PA real estate market has seen increase in the number of listings by 19.1%. While the average time on the market in October 2024 was 13 days, the median list price was $140,000.

From Rocket Homes Real Estate and based on county public records data.

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