252 Cedar Street

Tamaqua, PA 18252

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.