119 Centre St · Shenandoah, PA 17976

$69,900

4 bd · 2.0 ba · 1,232 sqft · Townhouse public records · 22 Days on market

Built 1900 871 sqft lot Est $103k · 32% under

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Why this score? — see what drove the A- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +6.9/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0

Listing remarks

Investor Special Massive rehab opportunity with huge upside potential. Perfect for a fix & flip, rental conversion, or long-term investment. Property needs full renovation, but the possibilities are endless for the right investor. Bring your vision and turn this into a cash-flowing asset. Property is for sale together with 121 E Centre St as a bundle package.

Key facts

• Built 1900
• Listed 21 days

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer
• Home design: 3-story building; Above-grade finished area reported
• Construction: Wood siding; Rubber roof; Year built: Unknown
• Exterior features: Residential lot; Lot recorded at public records

Interior

• Kitchen: Kitchen (First level) — approx. 10 x 9
• Bedrooms: Bedroom (Third level) — approx. 10 x 10; Bedroom (Third level) — approx. 9 x 8; Bedroom (Second level) — approx. 10 x 7; Bedroom (Second level) — approx. 10 x 8
• Bathrooms: 1 full bathroom (Second level) — approx. 7 x 6
• Interior features: Dining area; Full basement
• Laundry & utility: Water heater (Other)

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath townhouse listed at $70k.

Deal economics

• At list price, monthly cash flow is $665 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $69k (1.5% below list) — sets the bar for market timing.
• Cap rate 17.7% vs local median 12.5% in Shenandoah — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#720 in PA) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, health & safety A+; Watch: schools D-, commute F, employment F.
• Shenandoah Valley SD (town): math 20% / reading 38% proficiency, ranked #454 of 539 in PA (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 63 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 169 units permitted in Schuylkill County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($483 loan paydown + $3k appreciation (3.8% local appreciation)).
• Schuylkill County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.8% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($69k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $11k; list at $70k implies a 535% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $68,851 (1.5% below list)

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.00% ✓
• Cap rate: 17.71%
• Cash-on-cash: 40.79%
• DSCR: 2.81
• GRM: 4.2

CMA / ARV

• ARV (on-the-fly): $103,488
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
311 Coal St	0.33mi	4/1.5	1,212 (-2%)	10mo	$115,000	$95	72
7 S West St	0.21mi	3/1.5 (-1)	1,188 (-4%)	12mo	$45,000	$38	67
337 S Jardin St	0.32mi	3/1.0 (-1)	1,170 (-5%)	5mo	$70,000	$60	64
223 N Highland St	0.29mi	3/1.0 (-1)	1,342 (+9%)	7mo	$55,000	$41	57
324 S Jardin St	0.31mi	3/1.5 (-1)	1,380 (+12%)	5mo	$100,000	$72	54
195 Ohio Ave	0.62mi	3/2.0 (-1)	1,310 (+6%)	1mo	$115,000	$88	54
331 W Lloyd St	0.34mi	3/1.5 (-1)	1,120 (-9%)	11mo	$68,500	$61	53
205 Schuylkill Ave	0.58mi	3/1.0 (-1)	1,260 (+2%)	10mo	$110,000	$87	52
104 Schuylkill Ave	0.70mi	5/1.0 (+1)	1,204 (-2%)	9mo	$117,500	$98	47
246 Florida Ave	0.62mi	3/1.0 (-1)	1,168 (-5%)	13mo	$130,000	$111	43
212 Schuylkill Ave	0.55mi	5/1.5 (+1)	1,384 (+12%)	8mo	$102,000	$74	40
102 Schuylkill Ave	0.70mi	4/2.0	1,400 (+14%)	9mo	$117,500	$84	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.84% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 47.4%
• Equity multiple: 3.76×
• Total profit: $53,956
• Equity at exit: $34,805

10-year hold

• IRR: 46.3%
• Equity multiple: 7.59×
• Total profit: $128,920
• Equity at exit: $56,426

Cash invested: $19,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 17976

• Home prices YoY: 1.3%
• Active inventory: 63
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $1,400 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$45 /mo · $541/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$294
• Net cashflow: $665

Break-even live

Break-even rent $558

Max offer price $69,900

Occupancy floor 47%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
230 W Arlington St Shenandoah, PA	3.0	1.0	1143	$1,400	$1.22	44d	1	0.29mi

Listing history 16 events

1. 2026-06-18
   days on market $69,900 Active 22 DOM
2. 2026-06-17
   days on market $69,900 Active 21 DOM
3. 2026-06-16
   days on market $69,900 Active 20 DOM
4. 2026-06-15
   days on market $69,900 Active 19 DOM
5. 2026-06-13
   days on market $69,900 Active 17 DOM
6. 2026-06-12
   days on market $69,900 Active 16 DOM
7. 2026-06-09
   days on market $69,900 Active 13 DOM
8. 2026-06-08
   days on market $69,900 Active 12 DOM
9. 2026-06-08
   days on market $69,900 Active 11 DOM
10. 2026-06-07
    days on market $69,900 Active 10 DOM
11. 2026-06-04
    days on market $69,900 Active 7 DOM
12. 2026-06-02
    days on market $69,900 Active 6 DOM
13. 2026-06-01
    days on market $69,900 Active 5 DOM
14. 2026-05-31
    days on market $69,900 Active 4 DOM
15. 2026-05-27
    listed $69,900 Active
16. 1995-03-17
    soldstatus $11,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $541 · $45/mo
• Projected year-2 tax: $823 · $69/mo
• Expected delta: +$282/yr (+$23/mo · 52.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥92°F today · 17 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 7% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,800
• − Mortgage interest: −$3,915
• − Property taxes: −$541
• − Insurance: −$350
• − Repairs & maintenance: −$1,344
• − Management: −$1,344
• − Depreciation: −$2,033
• Taxable income: $7,272
• Est. tax owed @ 24.0%: −$1,745
• After-tax cash flow: $6,237/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Shenandoah Valley SD
• NCES district ID: 4221490
• Math proficiency: 20% ▼ -8.00%
• Reading proficiency: 38% ▼ -6.00%
• Median HH income: $31,968
• Composite: 23.58/100
• National rank: #7851
• State rank: #454 of 539 in PA

Livability — Shenandoah

• Score: 71/100
• State rank: #720
• US rank: #7134

Category grades

Amenities A+ Commute F Cost of living A+ Crime B Employment F Housing A Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Shenandoah, PA
• City population: 5,988
• Population (ZIP): 5,988

Population outlook (Schuylkill County) Hauer SSP2

• Today (2025): 137,447 people
• By 2030: 133,121 · -3.1%
• By 2040: 124,172 · -9.7%
• By 2050: 115,611 · -15.9%
• By 2075: 100,796 · -26.7%
• By 2100: 86,667 · -36.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 34% Two or more races 12% Black 2%
• Hispanic origin (detail): Mexican 10% Puerto Rican 8% Dominican 11%
• Common ancestry: Romanian 20% Iranian 2% Scotch-Irish 2%
• Foreign-born: 10% · Canada
• Languages at home: 68% English-only · Spanish 30% Russian/Polish/Slavic 1%

Political lean MEDSL · Schuylkill

• 2024 margin: Solid R (+42.1) · D 28.5% · R 70.6%
• 2008→2024 swing: -33.4pp toward R · 2008: -8.7pp · 2024: -42.1pp
• All cycles: 2024: R+42.1 2020: R+39.9 2016: R+43.4 2012: R+13.4 2008: R+8.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.84%
• Current HPI: 308.8036
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+535.5% since first listed

2 events — show timeline

• 2026-05-27 Listed $69,900 GLVRMLS
• 1995-03-17 Sold (Public Records) $11,000 Public Records

Property tax history

+1.1%/yr

Latest (2025): $541 · +3.3% YoY. Source: county tax records.