Courtesy of Steel City Realty, Joshua Schoenberger , (484) 895-9005

400 Pine Street, Tamaqua, Pennsylvania, 18252

$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.

Active

$500,000

Condo/ Townhome/ Apartment

8 bds

4 ba

4,332 Sqft

0.09 Acre

MLS

782195

2 Stories

Built in 1910

Not in Development

3260 ()

Disclaimer: The information contained in this listing has not been verified by Steel City Realty and should be verified by the buyer.

Information provided by LVMLS

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ADDRESS & DIRECTIONS

  • Street Address: 400 Pine Street
  • City: Tamaqua
  • State: Pennsylvania
  • County: Schuylkill
  • Subdivision: Not in Development
  • Directions:
    Get on I-476 N 4 min (1.4 mi) Continue on I-476 N to Lehighton 21 min (21.0 mi) Continue on PA-443 W. Drive to Pine St in Tamaqua

PROPERTY FEATURES

General Information

  • Property Sub-Type Additional : Apartment,Duplex,Detached
  • Zoning : RES

Heating /Cooling Features

  • Heating : Yes.
  • Heating : Baseboard
  • Cooling : Yes.
  • Cooling : WallUnits

Interior Features

  • Interior Features : Balcony
  • Flooring : Hardwood

Parking Features

  • Parking Total: 5

Construction Features

  • Construction Materials : Other,VinylSiding

Utility Information

  • Water Source : Public
  • Sewer System : PublicSewer

SCHOOLS NEAR 400 Pine Street

  • Courtesy of Steel City Realty, Joshua Schoenberger
  • Property last updated on LVMLS : 8/5/2026 6:10:09 PM