About This Home

This 8-bedroom, 4-bathroom multi-family at 400 402 Pine Street in Tamaqua, PA is listed for $450,000 ($104 per sqft). Built in 1910, the home offers 4,332 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1910
  • 0.09 acre lot
  • 2 stories
  • 5 parking spaces

Property Details

2 stories
4 full
5 spaces
1910

Amenities

HardwoodA/C
Listing Description

$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/1

BA 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.

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

400 402 Pine Street

Tamaqua, PA 18252

Not in Development

Features & Amenities

Interior Features

Balcony

Property Details

Flooring

Hardwood

Construction

VinylSiding

Outdoor Features

Patio

Heating

Baseboard

Cooling

Wall Unit(s)

Questions & Answers

This 8-bedroom, 4-bathroom multi-family at 400 402 Pine Street is listed at $450,000 ($104/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.09 acre lot, 2 stories, 5 parking spaces. Interior Features: Balcony.

This property is listed by Jennifer L. DeJesus.

JD

Jennifer L. DeJesus

Agent at Steel City Realty

Listed by Steel City Realty · Broker phone: (484) 895-9005 · View on Broker Site · Broker website

MLS# 786721· Source: Greater Lehigh Valley REALTORS· 11 days on PropertySimple

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

400 402 Pine Street, Tamaqua, PA 18252

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