USAPATamaquaNot in Development400 Pine St

New

$500,000

For Sale

9 hours ago

400 Pine St, Tamaqua, PA

Name: 400 Pine St, For Sale in Tamaqua - eXp Realty
Brand: Steel City Realty
SKU: 782195
Price: 500000 USD

Condo

MLS® 782195

8 Bed

4 Bath

4332 sqft

5 Parking

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size 4332 sqft

Garage

HOA Fees

Taxes $3,260

Days Active 1

Approx. Age 1910

Avg. Price Per Sqft $115

MLS® Number 782195

Property Address: 400 Pine St, Tamaqua, PA, 18252-1415

Average square foot calculated using Size range provided by listing agent.

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 and efficiency. Work includes exterior siding, gutters and downspouts, chimney cap/flashing repairs, replacement vinyl windows, extensive LVP flooring, fresh paint, updated lighting, outlets and GFCIs, kitchen cabinetry, countertops and backsplash, plumbing-stack work and common-area improvements. The units present clean and bright, with generous rooms, updated finishes and appliances. Newer electric baseboard heating allows residents to control and pay for their own unit heat and electric, while public water and sewer simplify operations. This is not a speculative value-add project or a vacant building that must be stabilized. It is an income-producing four-unit with 100% occupancy, multiple bedroom configurations, low reported expenses and meaningful capital already invested. At $125, 000 per unit and approximately $115 per building square foot, the offering provides an unusually strong combination of current yield and durable basis. Convenient to downtown Tamaqua, shopping, parks and local amenities. Financials, leases and improvement documentation are available for qualified buyers. Add a true cash-flow asset to your portfolio and start collecting income at closing. Seller is a licensed RE Agent.

MLS® Number782195

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1910

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatBaseboard

A/CWall Units

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 5, 2026List Date

$500,000List Price

Commute

Commute

Starting Address

Destination Address

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