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252 Cedar Street, Tamaqua, PA 18252
$105,000
252 Cedar Street, Tamaqua, PA 18252View this property at 252 Cedar Street, Tamaqua, PA 18252
252 Cedar StreetTamaquaPA18252
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Property Description
Add this downtown Tamaqua 4 unit rental property to your portfolio! 3 units are rented, all rents include landlord paying oil heat. tenants pay their own electric. Rents are $535/$555/ $505, 2 of the 3 tenants are month to month, $555 has a one year lease ending 4/30/22. All rents are substantially below market rent and should be closer to $700/month. Current Annual Income with 3 units rented: $19,140 Annual Expenses: WSG: $748; Oil $2000; Taxes: $2057 Insurance: $1500 Total Annual Expense: $6305. Net Income: $12,835 = 10.6% cap rate....add a tenant to unit 4, even at $555/month = 16% Cap rate! At CURRENT rents! Schedule your appointment today!!! One of the sellers is a PA licensed Realtor. 48 hour notice requested for showings.
Full Property Details
Full Property Details for 252 Cedar St
General
- Sold For: $105,000
- Taxes: $2,057 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: PASK2000812
- Added to Site: 987 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: Tamaqua Boro (13365)
- Municipality: TAMAQUA BORO
- County: Schuylkill
- Driving Directions: From 309N, R on Cedar, property on R.
- Historic District: Yes
School Information
- School District: Tamaqua Area
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Oil
- Water Heater: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 0
- Square Feet: 2,800
- Sq. Ft. Source: Estimated
- Living Area: 2,800 Sq. Ft.
- Finished Above Grnd: 2,800 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- 1 Bedroom Units: 4
Lot Features
- Property View: River
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: GC
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $42.86
- Assessment Year: 2021
- School Tax: $1,046
- City/TownTax: $591
- City/TownTax Freq: Annually
- County Tax: $420
- County Tax Freq: Annually
- Tax w/Assessment: $26,260
- Tax Amount: $2,057
- Tax Year: 2021
- Terms: Standard Sale
- Owner Pays: Heat
- Landlord Pays: Heat
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 239.002
Listed by Charlotte Solt Real Estate, Kim Hillegass
Sold by Gene Durigan Real Estate - Lehighton, Gail A Christman
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Schools
Schools serving 252 Cedar St
School District:Tamaqua Area School District
Rating | Name | Grades | Distance |
---|---|---|---|
500 Penn St, Tamaqua, PA 18252 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 252 Cedar St
Date
Details
Price
Change
Source
9/13/2021
Sold
$105,000
-12.5%
MLS
8/11/2021
Listed
$120,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
252 Cedar Street, Tamaqua, PA 18252 (MLS# PASK2000812) is a Multi-Family property that was sold at $105,000 on September 13, 2021. Want to learn more about 252 Cedar Street? Do you have questions about finding other Multi-Family real estate for sale in Tamaqua? You can browse all Tamaqua real estate or contact a Coldwell Banker agent to request more information.