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8 Beds
4 Baths
4,332 sqft

$450,000

400 Pine Street, Tamaqua Boro PA, 18252

Price per sqft$103.88
Built in1910
Property size4,332 sqft
Property typeCondominium

Overview

Active

Listed Oct 21, 2026

Updated 2 days ago

$63,600 GROSS INCOME | $50,240 NOI | 11% CAP AT $450,000. Fully occupied, renovated and producing from day one, 400 Pine St is a stabilized four-unit investment for a buyer who wants real cash flow without inheriting a major turnaround. The current rent roll is $5,300 per month, supported by signed leases, with a strong unit mix: one spacious 3BR/1BA residence with bonus room, attached garage and washer/dryer; two 2BR/1BA apartments; and one 1BR/1BA apartment. Seller-reported annual operating expenses are only $13,360 with full occupancy and self-management. Ownership invested more than $58,000 in documented improvements designed to improve durability, tenant appeal and efficiency. Work includes exterior siding, gutters and downspouts, chimney cap/flashing repairs, replacement vinyl windows, extensive LVP flooring, fresh paint, updated lighting, outlets and GFCIs, kitchen cabinetry, countertops and backsplash, plumbing-stack work and common-area improvements. The units present clean and bright, with generous rooms, updated finishes and appliances. Newer electric baseboard heating allows residents to control and pay for their own unit heat and electric, while public water and sewer simplify operations. This is not a speculative value-add project or a vacant building that must be stabilized. It is an income-producing four-unit with 100% occupancy, multiple bedroom configurations, low reported expenses and meaningful capital already invested. Convenient to downtown Tamaqua, shopping, parks and local amenities. Financials, leases and improvement documentation are available for qualified buyers. Add a true cash-flow asset to your portfolio and start collecting income at closing. Seller is a licensed RE Agent.

$2,994/mo

Est. mortgage payment based on a $450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
786721

Interior Features

Bedrooms
8
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$3,260
Tax Frequency
Annually
Maintenance Expense
$1,500
55+/Senior Community
No

Courtesy of Steel City Realty with Jennifer L. DeJesus, James J. Reardon
Listing Contact: (484) 895-9005 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Lehigh Valley Association of REALTORS®, Inc. Real Estate listings held by brokerage firms other than The Mick Seislove Team are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Lehigh Valley Association of REALTORS®, Inc. All rights reserved.

Data last updated 10/22/2026

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