Description
***COMING SOON*** Seize a rare multi-stream income opportunity or ideal house-hacking setup in the heart of Tamaqua's thriving revitalization! Occupying a commanding corner parcel that encompasses the better part of the block at Pine and Biddle Streets, this substantial 1920-built up-and-down two-unit property delivers 3008 finished above-grade square feet plus a 2nd floor balcony and additional 489 sq. ft. attic storage. Strong cash-flow potential, and low, reasonable taxes. Projected rents based on current local market rates and actual expenses provided by owner=CAP RATE of 9.58%The ResidenceFirst-Floor Unit (2 Bed / 1 Bath-1605 sq ft):Thoughtfully configured for seamless accessibility, this level features wide sidewalk access, gleaming original woodwork, classic pocket doors, and a modernized, fully accessible full bathroom.Second-Floor Unit (3 Bed / 1 Bath-1403 sq ft +102 sq ft balcony): A generously scaled, light-filled layout boasting three bedrooms, one full bath, and direct walk-up access to an expansive 489 sq ft attic with endless storage or expansion possibilitiesProperty Highlights: Full unfinished basement with ample storage and laundry potential, durable roofs installed approximately 14 years ago, and well-maintained structural integrity throughout. Live in 1-rent the other OR Live in 1-Host multi generational family members OR use predominantly as investment property. Flexible financing potential: Live in one unit with as little as 3.5%-5% down with possible PHFA assistance for those who qualify and let rental income subsidize your mortgage-or take advantage of attractive DSCR/investor loan terms. Inquire for tailored financing details!Bonus Income Stream:In addition to the two residential flats, the property features a detached **5-car garage with each individual bay currently rented**, providing steady, immediate supplemental cash flow from day one.Community, Lifestyle & Education:Set in an energetic, upcoming borough celebrated for its rich anthracite history and vibrant community spirit, 200 Pine Street offers walkable neighborhood convenience. Stroll along sidewalk-lined streets to local artisan coffee shops, dining spots, historic landmarks, community arts, live entertainment venues, healthcare facilities, and local churches.Families and tenants also benefit from one of the state's most extraordinary educational advantages: the **Morgan Foundation Grant**, which provides qualifying Tamaqua Area High School graduates with a tuition-free, two-year college degree at Lehigh Carbon Community College (LCCC).Coming to market November 10th. Whether you are an investor seeking strong cap rates or an owner-occupant looking to live virtually mortgage-free, 200 Pine Street delivers unparalleled value. Stay Tuned for More Details! Pro Photos coming soon!
Details
| MLS # | PASK2030148 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 15 |
| Listing Provided By | RE/MAX Of Reading | Rose Marie Beck |
Features
| SQ Feet | 3,008 |
|---|---|
| Garage | 5 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | R-5 |
| Acreage | 0.10 |
Interior
| Rooms Total | 12 |
|---|---|
| Cooling | Ceiling Fan(s), Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Radiator |
| Interior Features | Bathroom - Stall Shower, Bathroom - Walk-In Shower, Carpet, Combination Kitchen/Dining, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, 2nd Kitchen, Attic, Bathroom - Tub Shower |
| Furnished | No |
| Appliances | Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer |
Exterior
| Roof | Asphalt, Shingle |
|---|---|
| Construction Materials | Asbestos, Blown In Insulation |
| Foundation Details | Permanent, Stone |
| Lot Features | Corner, Cleared, Level, Not In Development, Open, Private, Rear Yard, Road Frontage |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Utilities | Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available |
|---|
Taxes
| Tax Annual Amount | 3107.76 |
|---|
Area Information
| State | PA |
|---|---|
| County | SCHUYLKILL PA |
| City | TAMAQUA |
| Zip Code | 18252 |
| Area | Tamaqua Boro (13365) |
| Community Name | TAMAQUA BORO |
| School District | TAMAQUA AREA |
| Listing VS Median (in TAMAQUA BORO) | |
Price: $249,900 low | high Med: $162,400 sqft: 3,008 low | high Med: 1,894 $ / sqft: $83 low | high Med: $86 On site: 15 low | high Med: 144.5 | |
Market Activity 18252
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Learn More About This Property
| State | PA |
|---|---|
| County | SCHUYLKILL PA |
| City | TAMAQUA |
| Zip Code | 18252 |
| Area | Tamaqua Boro (13365) |
| Community Name | TAMAQUA BORO |
| School District | TAMAQUA AREA |
| Listing VS Median (in TAMAQUA BORO) | |
Price: $249,900 low | high Med: $162,400 sqft: 3,008 low | high Med: 1,894 $ / sqft: $83 low | high Med: $86 On site: 15 low | high Med: 144.5 | |
 | $249,900200 Pine StTamaqua, PA 18252 |