503 North Railroad Street

Tamaqua, PA 18252

$560,000
Price
12
Beds
7
Baths
12,517 Sq. Ft.
$45 / Sq. Ft.
12,517
Sq. Ft.
$45
per Sq. Ft.

Description

Discover a prime investment opportunity in Tamaqua, PA! This cash-flowing 7-unit building offers a diverse mix of 5 spacious 1-bedroom units, a generous 4-bedroom unit, and a comfortable 3-bedroom unit. With tenants responsible for all utilities, this property ensures a steady and reliable income stream. Perfect for seasoned investors or those looking to expand their portfolio, this well-maintained building promises strong returns in a growing market. Don't miss out on this lucrative addition to...Discover a prime investment opportunity in Tamaqua, PA! This cash-flowing 7-unit building offers a diverse mix of 5 spacious 1-bedroom units, a generous 4-bedroom unit, and a comfortable 3-bedroom unit. With tenants responsible for all utilities, this property ensures a steady and reliable income stream. Perfect for seasoned investors or those looking to expand their portfolio, this well-maintained building promises strong returns in a growing market. Don't miss out on this lucrative addition to your real estate holdings!
  1. Listed by Jennifer L. DeJesus • Steel City Realty

Property Details for 503 North Railroad Street

Area
Tamaqua
Sub division
Not in Development
LISTING UPDATED: 10/14/2024 11:20 AM

Property Details for 503 North Railroad Street

StatusAvailable
MLS #741882
Days on Market40
Taxes$5,431 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1920
CountySchuylkill County

Building Information for 503 North Railroad Street

Building/Complex503 N Railroad StFloor-Stories-Residences7Pet Policy-Year Built1920Building Size-

Property Information for 503 North Railroad Street

Summary
Location and General Information
  • Directions: Located in Tamaqua
  • School District: Tamaqua
Parking
  • Garage: On Street
  • ParkingSpaces: 7
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $1,425.00
  • Lawn Snow Removal: $500
  • Maintenance Repair: $3,240
  • Management: 6480
  • School Taxes: $4,006.00
  • Total Taxes: $5,431.00
Property
Lot Information
  • Acres: 0.08
  • APN: 65070034000
  • Zoning Code: resi
Property and Assessments
  • County Assessment: $30,330.00
  • Property SubType Category: Apartment Style
  • Adult Comm 55 Over: No
Utilities
  • Cooling: No Air
  • Electric: 600
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 0
Interior and Exterior Features
Exterior Features
  • Construction: Vinyl
Interior Features
  • Heat: $0
  • Heat Type: Baseboard, Electric
Multi Family
Multi-Family Information
  • Gross Income: $76,950.00
  • Insurance: $2,000
  • Net Income: $59,600.00
  • Operating Expense: $17,350
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 7
  • Total Units: 7
Unit 1
  • Unit Total1 Bedroom: 5
Unit 3
  • Unit Total3 Bedrooms: 1
Unit 4
  • Unit Total4 Bedrooms: 1

Property History for 503 North Railroad Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 503 North Railroad Street

This home is within Tamaqua Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Tamaqua El School
PublicK to 5

Tamaqua Area Middle School
Public6 to 8

Tamaqua Area Senior High School
Public9 to 12

West Penn Twp El School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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503 North Railroad Street is a multi-family home for sale in Tamaqua, PA 18252. This property was listed for sale on July 18, 2024 by Steel City Realty, it's currently listed at $560,000. This listing's school district is Tamaqua Area School District. Nearby schools include Tamaqua El School, Tamaqua Area Middle School and Tamaqua Area Senior High School. 503 North Railroad Street is a 12-bed, 7-bath, 12,517 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Steel City Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.