223 Center St, Tamaqua, PA 18252

CALL FOR OFFERS BY EOD 3/18. Turnkey 6-unit apartment building in the heart of Tamaqua, offering strong cash flow with value-add potential. This well-maintained property features five (5) spacious 3-bed, 1-bath units and one (1) 2-bed, 1-bath unit, each ranging from 1,000-1,100 sq. ft. with balcony access. Onsite washer/dryer for tenant convenience. Tenants cover electric, heat, and trash, while the landlord is responsible for water/sewer, lawn care, and house electric meter. With an actual NOI of $42,000, the property is being offered at close to a 9% cap rate, and with simple income optimization—such as including water/sewer fees in leases and bringing rent to market levels—the pro forma cap rate exceeds 13%. This is a fantastic opportunity to acquire a high-performing multifamily asset with immediate returns and additional upside potential. Don’t miss this investment opportunity—schedule a showing today!