501 N Railroad Street, Tamaqua, PA 18252
$435,000
Property Type:
Residential Income
Square Footage:
6,371
Lot Size (sq. ft.):
11,326
Status:
Closed
Current Price:
$435,000
List Date:
11/08/2023
Last Modified:
3/03/2025
Overview
Description
Listing Details MLS# PM-110828
General Property Information
- Building Area Total
- 6371
- Building Area Source
- Appraiser
- Stories
- 2
- Number Of Buildings
- Yes
- Year Built
- 1920
- Basement YN
- Yes
- Lot Size Acres
- 0.26
- List Price/SqFt
- 75.03
- Sold Price/SqFt
- 68.28
Property Features
Listing Terms:
Cash; Conventional
Possession:
Close Of Escrow
Cooling:
Ceiling Fan(s)
Heating:
Electric
Water Heater:
Electric
Appliances:
Water Heater
Security Features:
Smoke Detector(s)
Water Source:
Public
Sewer:
Public Sewer
Parking Features:
Off Site
Road Surface Type:
Paved
Contract Information
- Property Sub Type
- Multi Family
- Listing Contract Date
- 2023-11-08
- Listing Service
- Full Service
Location Tax and Legal
- County
- Schuylkill
- Street Number
- 501
- Street Direction Prefix
- N
- Street Name
- Railroad
- Street Suffix
- Street
- City (Post Office)
- Tamaqua
- State
- PA
- Postal Code
- 18252
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Historical Remarks
- Kitchens: SemiMod, Bathrooms: SemiMod, Miscellaneous: Zoning Code multi, Current Use: Tenants, Miscellaneous: Cert of Occ Req'd No
- Public Remarks
- Nicely maintained up and down duplex with total 7 units fully occupied by tenants. This property is an investors dream come true!! Multifamily home with a gross monthly rental income of $6,910 now finally available for sale! This is a quality building that the current owners took pride in re-doing. Current tenants desire to stay. Nothing to do but collect the rent Let your tenants pay your mortgage and build your equity. Won't last long! Must see if you are looking for a property to make you some serious CASH.
Status Change Information
- Purchase Contract Date
- 2024-01-02
- Close Date
- 2024-01-19
- Close Price
- 435000
More Information
Income and Expenses
- Gross Income
- 6910
- Insurance Expense
- 160.5
- Trash Expense
- 216
Unit 1
- Unit #
- Yes
- Occupied YN
- Y
- Actual Rent
- 850
- SqFt Total
- 620
Unit 2
- Unit #
- 2
- Occupied YN
- Y
- Actual Rent
- 880
- SqFt Total
- 550
Unit 3
- Unit #
- 3
- Occupied YN
- Y
- Actual Rent
- 1200
- SqFt Total
- 1211
Unit 4
- Unit #
- 4
- Occupied YN
- Y
- Actual Rent
- 1250
- SqFt Total
- 1318
Unit 5
- Unit #
- 5
- Occupied YN
- Y
- Actual Rent
- 880
- SqFt Total
- 550
Unit 6
- Unit #
- 6
- Occupied YN
- Y
- Actual Rent
- 900
- SqFt Total
- 550
Unit 7
- Unit #
- 7
- Occupied YN
- Y
- Actual Rent
- 950
- SqFt Total
- 550
Unit Details
- 1 Bedroom
- 4
- 2 Bedroom
- Yes
- 3 Bedroom
- Yes
- 4 Bedroom
- Yes
Location, Tax, and Legal
- Parcel Number
- 65-07-0034.000
- Municipality
- Tamaqua Borough
- High School District
- Tamaqua Area
- Cnty&Muni Taxes (Legacy)
- 1205.01
- School Tax Amount
- 1266.88
- Tax Annual Amount
- 2471.89
- Tax Assessed Value
- 30330
- Tax Book Number
- 2507/0280
- Zoning Description
- Multi-Family
Currently Not Used
- Number Of Units Total
- 7
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Cooling
- Ceiling Fan(s)
- Yes
Heating
- Electric
- Yes
Water Heater
- Electric
- Yes
Appliances
- Water Heater
- Yes
Security Features
- Smoke Detector(s)
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Parking Features
- Off Site
- Yes
Road Surface Type
- Paved
- Yes
Listing Office:
Pocono Mountains Real Estate, Inc - Brodheadsville
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.