426 Centre St · Ashland, PA 17921

$69,995

5 bd · 1.0 ba · 2,970 sqft · MultiFamily public records · 140 Days on market

Built 1868 3,049 sqft lot $24/sqft · 36% below area Est $79k · 12% 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 +12.7/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• Livability +3.2/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Investor Special – Fire-Damaged Property with Approved Plans & Permits Included! 426 Centre St, Ashland, PA presents a unique redevelopment opportunity. The existing structure has sustained fire damage and is being offered for investors or builders ready to complete a high-potential project. Sale includes zoning and construction permits, along with architectural plans for a 2,163 sq ft single-family home featuring 5 bedrooms, 3.5 bathrooms, and a 2-car detached garage. Situated on a . 07-acre lot, this property offers a clear path to redevelopment with much of the upfront planning and demo already completed. Excellent opportunity to rebuild and add value in Ashland Borough. Bring your vision and capitalize on a project with strong upside.

Key facts

• Approved plans
• Architectural plans
• Permits included

Tags

• APPROVED PLANS
• PERMITS INCLUDED
• REDEVELOPMENT OPPORTUNITY
• ARCHITECTURAL PLANS
• CLEAR PATH TO REDEVELOPMENT

What this means for you Summary

Snapshot

• This is a 5-bed/1.0-bath multifamily listed at $70k.

Deal economics

• At list price, monthly cash flow is $606 ($7k/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: $62k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#1,179 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D-, amenities F, commute F.
• North Schuylkill SD (rural): math 19% / reading 48% proficiency, ranked #429 of 539 in PA (top 80%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 48 active listings in the ZIP; 169 units permitted in Schuylkill County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $7k of equity ($484 loan paydown + $7k appreciation (10.0% 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 (10.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 140 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 20y ago; this cycle's ask has dropped $10k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $12k; list at $70k implies a 483% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1868 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $61,595 (12.0% below list)

Questions for the listing agent

1. It's been on market 140 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1868 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.92% ✓
• Cap rate: 16.68%
• Cash-on-cash: 37.09%
• DSCR: 2.65
• GRM: 4.3

CMA / ARV

• ARV (median comp): $79,203
• List price: $69,995
• Delta: -11.63%
• Verdict: UNDERPRICED
• Comps: 9 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1435 Centre St	0.54mi	5/2.5	3,049 (+3%)	20mo	$80,000	$26	48

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 52.8%
• Equity multiple: 4.91×
• Total profit: $76,700
• Equity at exit: $63,057

10-year hold

• IRR: 46.4%
• Equity multiple: 10.98×
• Total profit: $195,535
• Equity at exit: $135,985

Cash invested: $19,599 (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 17921

• Home prices YoY: 21.7%
• Active inventory: 48
• Price-to-rent: 4.3×

Monthly cashflow live

• Estimated rent: $1,341 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$58 /mo · $693/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $606

Break-even live

Break-even rent $575

Max offer price $69,995

Occupancy floor 50%

Sensitivity live

Price	-10% $645	-5% $625	+0% $606	+5% $586	+10% $566
Rent	-10% $500	-5% $553	+0% $606	+5% $659	+10% $712
Rate	-1.0pp $641	-0.5pp $623	base $606	+0.5pp $588	+1.0pp $569

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: $17,499
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Listing history 28 events

1. 2026-06-19
   days on market $69,995 Active 140 DOM
2. 2026-06-18
   days on market $69,995 Active 139 DOM
3. 2026-06-17
   days on market $69,995 Active 138 DOM
4. 2026-06-16
   days on market $69,995 Active 137 DOM
5. 2026-06-15
   days on market $69,995 Active 136 DOM
6. 2026-06-14
   days on market $69,995 Active 134 DOM
7. 2026-06-12
   days on market $69,995 Active 133 DOM
8. 2026-06-09
   days on market $69,995 Active 130 DOM
9. 2026-06-08
   days on market $69,995 Active 129 DOM
10. 2026-06-07
    days on market $69,995 Active 128 DOM
11. 2026-06-07
    days on market $69,995 Active 127 DOM
12. 2026-06-04
    days on market $69,995 Active 124 DOM
13. 2026-06-02
    days on market $69,995 Active 123 DOM
14. 2026-06-01
    days on market $69,995 Active 122 DOM
15. 2026-05-31
    days on market $69,995 Active 121 DOM
16. 2026-05-31
    days on market $69,995 Active 120 DOM
17. 2026-01-30
    listed $79,995 Active 760-char remark

    Show marketing remark (760 chars)

    Investor Special – Fire-Damaged Property with Approved Plans & Permits Included! 426 Centre St, Ashland, PA presents a unique redevelopment opportunity. The existing structure has sustained fire damage and is being offered for investors or builders ready to complete a high-potential project. Sale includes zoning and construction permits, along with architectural plans for a 2,163 sq ft single-family home featuring 5 bedrooms, 3.5 bathrooms, and a 2-car detached garage. Situated on a . 07-acre lot, this property offers a clear path to redevelopment with much of the upfront planning and demo already completed. Excellent opportunity to rebuild and add value in Ashland Borough. Bring your vision and capitalize on a project with strong upside.

18. 2026-01-06
    historical
19. 2025-07-02
    listed $88,000 Active
20. 2023-12-15
    soldstatus $12,000 Closed
21. 2023-12-09
    status Pending
22. 2023-11-30
    status Active
23. 2023-11-15
    status Pending
24. 2023-10-31
    price $19,995
25. 2023-10-06
    listed $24,995 Active
26. 2006-11-20
    soldstatus $14,750
27. 2006-10-23
    listed $14,750
28. 1995-11-30
    soldstatus $28,000

ⓘ 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: $693 · $58/mo
• Projected year-2 tax: $900 · $75/mo
• Expected delta: +$206/yr (+$17/mo · 29.7%)

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

Taxation est. · year 1

• Rental income: $16,097
• − Mortgage interest: −$3,921
• − Property taxes: −$693
• − Insurance: −$350
• − Repairs & maintenance: −$1,288
• − Management: −$1,288
• − Depreciation: −$2,036
• Taxable income: $6,521
• Est. tax owed @ 24.0%: −$1,565
• After-tax cash flow: $5,703/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: North Schuylkill SD
• NCES district ID: 4210110
• Math proficiency: 19% ▼ -14.00%
• Reading proficiency: 48% ▼ -8.00%
• Median HH income: $43,529
• Composite: 28.37/100
• National rank: #6770
• State rank: #429 of 539 in PA

Livability — Ashland

• Score: 64/100
• State rank: #1179
• US rank: #13787

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ashland, PA
• Population (ZIP): 7,029

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: Predominantly White (83%)
• Race & ethnicity: White 83% Black 10% Hispanic / Latino 4% Two or more races 3%
• Common ancestry: Romanian 10% Iranian 4% Polish 3%
• Foreign-born: 1% · Canada
• Languages at home: 95% English-only · Spanish 4% Other Indo-European 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: ▲ 62.11%
• Current HPI: 347.8425
• 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

+185.7% since first listed

12 events — show timeline

• 2026-01-30 Listed $79,995 BRIGHT MLS
• 2026-01-06 Listing Removed — BRIGHT MLS
• 2025-07-02 Listed $88,000 BRIGHT MLS
• 2023-12-15 Sold (MLS) $12,000 BRIGHT MLS
• 2023-12-09 Pending — BRIGHT MLS
• 2023-11-30 Relisted — BRIGHT MLS
• 2023-11-15 Pending — BRIGHT MLS
• 2023-10-31 Price Changed $19,995 BRIGHT MLS
• 2023-10-06 Listed $24,995 BRIGHT MLS
• 2006-11-20 Sold (MLS) $14,750 BRIGHT MLS
• 2006-10-23 Listed $14,750 BRIGHT MLS
• 1995-11-30 Sold (Public Records) $28,000 Public Records

Property tax history

-5.4%/yr

Latest (2025): $693 · +5.3% YoY. Source: county tax records.