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400 402 Pine Street
Tamaqua Boro PA 18252 US

$500,000

Active Listing ID 782195
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8 bed
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4,332 square feet
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4.00 Bath (4 Full)
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Lot: 0.09 Acres
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Apartment

$500,000

Active Listing ID 782195
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400 402 Pine Street $63, 600 GROSS INCOME | $50, 240 NOI | 10.05% CAP AT $500, 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. At $125, 000 per unit and approximately $115 per building square foot, the offering provides an unusually strong combination of current yield and durable basis. 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.

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 4
  • Cooling System: Wall Unit(s)
  • Floor Covering: Hardwood
  • Heating Fuels: Baseboard
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 500000
  • unparsedaddress: 400 402 Pine Street
  • postalcity: Tamaqua Boro
  • stateorprovince: PA
  • country: US
  • postalcode: 18252
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.09
  • lotsizeunits: Acres
  • lotsizearea: 0.09
  • livingarea: 4332
  • livingareaunits: Square Feet
  • latitude: 40.802166
  • longitude: -75.969254
  • listagentfullname: Joshua Schoenberger
  • listagentemail: j.s@joshlistings.com
  • listagentkey: 3yd-LVARPA-joshuasc
  • listagentmlsid: joshuasc
  • listagentpreferredphone: 4848959005
  • listagentofficephone: 4848959005
  • listofficekey: 3yd-LVARPA-STEEL
  • listofficemlsid: STEEL
  • disclaimer: 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.
  • sourcesystemid: LVARPA
  • yearbuilt: 1910
  • listingcontractdate: 2026-08-05
  • listagentfax: 6104190343
  • listagenturl: https://www.SteelCityRealEstate.com
  • countyorparish: Schuylkill
  • parcelnumber: 65-07-0091.000
  • elementaryschooldistrict: Tamaqua
  • middleorjuniorschooldistrict: Tamaqua
  • highschooldistrict: Tamaqua
  • cooling: Wall Unit(s)
  • constructionmaterials: VinylSiding
  • flooring: Hardwood
  • heating: Baseboard
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 5
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Balcony
  • rooms: Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 5, Bedroom 4, Bedroom 7, Bedroom 8, Bathroom 1, Bathroom 4, Bedroom 1
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.96925, 40.802166
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Listing Changed: 8/5/2026 10:09:03 PM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: Joshua Schoenberger, Steel City Realty, j.s@joshlistings.com

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.