502 504 East Union Street

502 504 East Union Street

Tamaqua, PA 18252

$80,000
Last Sold Price
5
Beds
2
Baths
1
1/2 Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Sold & Settled 12/30/21

Sold & Settled 12/30/21

a front view of a house with a yard
a view of a hallway with wooden cabinets and entryway
a view of a entryway door of the house
a view of a garage
a view of a room with gym equipment
a kitchen with granite countertop a sink a counter top space and stainless steel appliances
a very nice looking room with a bed
a view of a hallway
a view of entryway
a kitchen with stainless steel appliances kitchen island granite countertop a refrigerator and a sink
a view of small yard
a living room with furniture
an empty room with a fireplace and windows
a view of a room with wooden floor and furniture
a view of utility room
a view of a livingroom with entryway
a view of a house with a patio
a front view of a house
a view of closet
a view of a room with an empty space
a view of a livingroom with wooden floor and a bathroom
a view of a big room with wooden floor and closet
an empty room with a window
a bedroom with a bed and wooden floor
a living room with furniture a flat screen tv and a sink
a kitchen with stainless steel appliances granite countertop a stove a sink dishwasher and a refrigerator with wooden cabinets
a bathroom with a sink and a mirror
a bathroom with a bathtub sink and toilet
a bathroom with a tub and a sink
a living room with stainless steel appliances furniture a rug and a kitchen view
a living room with stainless steel appliances kitchen island granite countertop furniture and a kitchen view
a view of a bathroom
a bathroom with a glass shower door
a view of livingroom with furniture
a view of a room with wooden floor and a window
a view of a livingroom with wooden floor and a ceiling fan
a view of entryway
a view of deck with furniture
a close up of a wall
a view of empty room
a view of an empty room with a window
a view of a hallway with a white walls
a view of a room with a large window

Description

This handyman special is an incredible opportunity to turn some sweat equity into a projected 15% cap rate! The left side of the building is a large 3-bedroom, 1.5 bath residential apartment with its own entrance. The right side has a store front (originally intended as a restaurant) at the bottom, with a large 2-bedroom, 1 bath apartment above it - all 3 with separate entrances. The store front also has access to a massive basement below. Bring your imagination, your tools and some paint and start...This handyman special is an incredible opportunity to turn some sweat equity into a projected 15% cap rate! The left side of the building is a large 3-bedroom, 1.5 bath residential apartment with its own entrance. The right side has a store front (originally intended as a restaurant) at the bottom, with a large 2-bedroom, 1 bath apartment above it - all 3 with separate entrances. The store front also has access to a massive basement below. Bring your imagination, your tools and some paint and start living the dream as an investor making passive income with this opportunity. Property is being sold as-is. Motivated seller, bring me an offer, show me the money!
  1. Listed by Engels M. Zapata • Homeway Real Estate
  2. Listed by Alex I. Lopez • Homeway Real Estate

Property Details for 502 504 East Union Street

Area
Schuylkill County
Sub division
Not in Development

Location

Listing Courtesy of Homeway Real Estate

Sold By Advance Realty Royalty, LLC

Add your commute
LISTING UPDATED: 01/04/2022 04:13 PM

Property Details for 502 504 East Union Street

StatusSold & Settled
MLS #672221
Days on Market154
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1920
CountySchuylkill County

Location

Listing Courtesy of Homeway Real Estate

Sold By Advance Realty Royalty, LLC

Add your commute

Building Information for 502 504 East Union Street

Building/Complex502-504 E Union StFloor-Stories-Residences3Pet Policy-Year Built1920Building Size-

Payment Calculator

$723 per month

30 year fixed, 7.25% Interest

Principal and Interest

$437

Property Taxes

$286

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 502 504 East Union Street

Summary
Location and General Information
  • Directions: Take 22 W and merge onto I-78 W. Take exit 49 B onto PA-100 towards Fogelsville. Turn L on PA-309. Continue onto Mauch Chunk St, Turn L on Market St. Turn R onto E Union St. Destination is on your R. Use only 502 E Union when entering into your gps.
  • School District: Tamaqua
Parking
  • Parking: None
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 0
Property
Lot Information
  • Acres: 0.16
  • APN: 65090016000
  • Zoning Code: Commercial
Property and Assessments
  • County Assessment: $42,420.00
  • Property SubType Category: Apartment Style, Commercial, Mixed Use
Utilities
  • Cooling: No Air
  • Electric: 0
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 0
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Heat: $0
  • Heat Type: Oil
Multi Family
Multi-Family Information
  • Gross Income: $30,000.00
  • Insurance: $2,000
  • Net Income: $26,677.00
  • Operating Expense: $3,323
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 3
  • Total Units: 3

Property History for 502 504 East Union Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 502 504 East Union Street

Taxable ValueLand$5,940Additions$36,480Total$42,420
Tax Record2023$3,432 ($286 / month)
Home Facts
Lot Size6,970 SqFtStyleOffice BuildingYear Built1920CountySCHUYLKILLAPN65-09-0016.000

Schools near 502 504 East Union Street

This home is within Tamaqua Area School District.
Rating
School
Type
Grades
Distance
Tamaqua El School
Public - K to 5
Tamaqua Area Middle School
Public - 6 to 8
Tamaqua Area Senior High School
Public - 9 to 12
West Penn Twp El School
Public - K to 5
Rating
School
Distance
Tamaqua El School
PublicK to 5

Tamaqua Area Middle School
Public6 to 8

Tamaqua Area Senior High School
Public9 to 12

West Penn Twp El School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Tamaqua

Neighborhoods

Cities

ZIPs

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Homeway Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.