44 W Broad St Tamaqua Borough, PA 18252

Located in the heart of the Tamaqua downtown historic district, this turn of the century fully occupied brick 4 unit includes 3 residential units and one first floor commercial storefront space. All current tenants are month to month, with rents that are below market rate; First floor commercial space is appx 735 sq ft., 2nd and 3rd floors include 2-1BR apts, and 1-2 BR apartment. Property is located in the Tamaqua Downtown CRIZ zone (see attached document for info). Ample off street parking. Current annual income: $24,300. Projected potential income: $40,200; Approximate expenses: Taxes $1584, Insurance $1150, Water $1554, Sewer $1560, Trash $1081 , Landlord electric appx $324. Total expenses $7253 - this number does NOT include oil for the oil fired domestic hot water heater. Seller did not have that information. 48 hour notice required for showings Note: Dan Reigel is not closing his business. He is a tenant in this building.