242 E BROAD ST Pending Save Request In-Person Tour Request Virtual Tour
Tamaqua,PA 18252
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Pending
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $61
MLS Listing ID PASK2018010
Style Traditional,Colonial
Year Built 1881
Annual Tax Amount $2,987
Tax Year 2024
Lot Size 3,049 Sqft
Property Description
Tremendous multi-unit investment opportunity in Tamaqua?s rapidly growing downtown! Walking distance to shopping, dining, and more, this building offers a prime location for its three floors of income-producing units. The main level offers a recently renovated rear one-bedroom apartment and a commercial unit ready for renovations for a marvelous business location downtown. The second floor is a blank canvas, immediately ready to be turned into additional residential units. The third floor offers two units. To the front, a two-bedroom with a bow window presenting lovely north facing views. To the rear, a one-bedroom unit. Both have been recently renovated into attractive, highly functional, and desirable apartments. The rear of the property offers a spacious carport accessed via Ceder Street, potential added income! A small yard spans the area between the building and its parking area. With three units already producing income and the potential of the commercial unit and the second floor to fashion into your ideal leasing situation, this is an investors dream! Qualifies for Tamaqua's City Revitalization and Improvement Zone (CRIZ)!
Location
State PA
County Schuylkill
Area Tamaqua Boro (13365)
Zoning C
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Flooring Hardwood,Vinyl
Exterior
Waterfront N
Water Access N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Tamaqua Area
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard