913 Centre St · Ashland, PA 17921

$135,000

None bd · None ba · 3,000 sqft · MultiFamily · 141 Days on market

Built 1870 Fair condition 3,049 sqft lot $45/sqft · at area comps Est $139k · at est. ↓ 18% since listing

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Why this score? — see what drove the C- 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 +15.0/30.0
• Appreciation +10.0/10.0
• ARV discount +8.8/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.2/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0

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

There are so many possibilities for this investment property! It is currently an office on the first floor and rooms for rent on the second and third floors. First floor consists of a waiting room, reception area, 2 small storage rooms, half bath, 4 more private rooms and a back room/exit. The second and third floors have 6 rooms to rent and common areas. The second floor has 2 full bathrooms and four bedrooms. Third floor has two bedrooms and a storage room. The common areas include a large kitchen/dining area, a living room and two full bathrooms. Tenants have their own bedroom and share the common areas. There are only two tenants currently, but there is so much more potential for renting the other four bedrooms and earning great income! The first floor can be used as a commercial space, or can be turned into an apartment. There are separate entrances to the first floor and the second/third floors. New roofs, 2-year old furnace, upgraded electric. There is also an oversized, detached garage. This building is licensed through DDAP as an outpatient D & A facility. This property is zoned commercial, along Route 61 in Ashland.

Key facts

• Waiting room
• Common areas
• Reception area

Tags

• WAITING ROOM
• RECEPTION AREA
• PRIVATE ROOMS
• COMMON AREAS
• LARGE KITCHEN DINING AREA
• ZONED COMMERCIAL

What this means for you Summary

Snapshot

• This is a multifamily listed at $135k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $4k ($46k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($6k rent vs $135k).
• Recommended offer: $119k (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 $14k of equity ($933 loan paydown + $14k 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 $38k cash investment doubles in ~1 year — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 141 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1870 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $118,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 141 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1870 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 4.46% ✓
• Cap rate: 40.25%
• Cash-on-cash: 121.28%
• DSCR: 6.40
• GRM: 1.9

CMA / ARV

• ARV (median comp): $139,159
• List price: $135,000
• Delta: -2.99%
• Verdict: FAIR
• Comps: 10 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
935 Centre St	0.02mi	8/—	2,592 (-14%)	6mo	$100,000	$39	71
1435 Centre St	0.29mi	5/2.5	3,049 (+2%)	20mo	$80,000	$26	67

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: —
• Equity multiple: 9.38×
• Total profit: $316,943
• Equity at exit: $121,619

10-year hold

• IRR: —
• Equity multiple: 20.63×
• Total profit: $742,175
• Equity at exit: $262,275

Cash invested: $37,800 (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: 11.2×

Monthly cashflow live

• Estimated rent: $6,017 medium
• Mortgage (P&I): −$708
• Tax est. 1.5%: −$169 /mo · $2,025/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,264
• Net cashflow: $3,820

Break-even live

Break-even rent $1,181

Max offer price $135,000

Occupancy floor 32%

Sensitivity live

Price	-10% $3,914	-5% $3,867	+0% $3,820	+5% $3,774	+10% $3,727
Rent	-10% $3,345	-5% $3,583	+0% $3,820	+5% $4,058	+10% $4,296
Rate	-1.0pp $3,888	-0.5pp $3,855	base $3,820	+0.5pp $3,785	+1.0pp $3,750

6-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 6× units	2	1	$6,018
Total (6 units)			$6,017

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-19
   days on market $135,000 Active 141 DOM
2. 2026-06-18
   days on market $135,000 Active 140 DOM
3. 2026-06-17
   days on market $135,000 Active 139 DOM
4. 2026-06-16
   days on market $135,000 Active 138 DOM
5. 2026-06-15
   days on market $135,000 Active 137 DOM
6. 2026-06-14
   days on market $135,000 Active 135 DOM
7. 2026-06-12
   pricedays on market $135,000 Active 134 DOM
8. 2026-06-09
   days on market $179,000 Active 131 DOM
9. 2026-06-08
   days on market $179,000 Active 130 DOM
10. 2026-06-07
    days on market $179,000 Active 129 DOM
11. 2026-06-07
    days on market $179,000 Active 128 DOM
12. 2026-06-04
    days on market $179,000 Active 125 DOM
13. 2026-06-02
    days on market $179,000 Active 124 DOM
14. 2026-06-01
    days on market $179,000 Active 123 DOM
15. 2026-05-31
    days on market $179,000 Active 122 DOM
16. 2026-05-31
    days on market $179,000 Active 121 DOM
17. 2026-05-16
    price $179,000 1148-char remark

    Show marketing remark (1148 chars)

    There are so many possibilities for this investment property! It is currently an office on the first floor and rooms for rent on the second and third floors. First floor consists of a waiting room, reception area, 2 small storage rooms, half bath, 4 more private rooms and a back room/exit. The second and third floors have 6 rooms to rent and common areas. The second floor has 2 full bathrooms and four bedrooms. Third floor has two bedrooms and a storage room. The common areas include a large kitchen/dining area, a living room and two full bathrooms. Tenants have their own bedroom and share the common areas. There are only two tenants currently, but there is so much more potential for renting the other four bedrooms and earning great income! The first floor can be used as a commercial space, or can be turned into an apartment. There are separate entrances to the first floor and the second/third floors. New roofs, 2-year old furnace, upgraded electric. There is also an oversized, detached garage. This building is licensed through DDAP as an outpatient D & A facility. This property is zoned commercial, along Route 61 in Ashland.

18. 2026-03-26
    price $199,000 1148-char remark

    Show marketing remark (1148 chars)

    There are so many possibilities for this investment property! It is currently an office on the first floor and rooms for rent on the second and third floors. First floor consists of a waiting room, reception area, 2 small storage rooms, half bath, 4 more private rooms and a back room/exit. The second and third floors have 6 rooms to rent and common areas. The second floor has 2 full bathrooms and four bedrooms. Third floor has two bedrooms and a storage room. The common areas include a large kitchen/dining area, a living room and two full bathrooms. Tenants have their own bedroom and share the common areas. There are only two tenants currently, but there is so much more potential for renting the other four bedrooms and earning great income! The first floor can be used as a commercial space, or can be turned into an apartment. There are separate entrances to the first floor and the second/third floors. New roofs, 2-year old furnace, upgraded electric. There is also an oversized, detached garage. This building is licensed through DDAP as an outpatient D & A facility. This property is zoned commercial, along Route 61 in Ashland.

19. 2026-01-29
    listed $219,000 Active 1148-char remark

    Show marketing remark (1148 chars)

    There are so many possibilities for this investment property! It is currently an office on the first floor and rooms for rent on the second and third floors. First floor consists of a waiting room, reception area, 2 small storage rooms, half bath, 4 more private rooms and a back room/exit. The second and third floors have 6 rooms to rent and common areas. The second floor has 2 full bathrooms and four bedrooms. Third floor has two bedrooms and a storage room. The common areas include a large kitchen/dining area, a living room and two full bathrooms. Tenants have their own bedroom and share the common areas. There are only two tenants currently, but there is so much more potential for renting the other four bedrooms and earning great income! The first floor can be used as a commercial space, or can be turned into an apartment. There are separate entrances to the first floor and the second/third floors. New roofs, 2-year old furnace, upgraded electric. There is also an oversized, detached garage. This building is licensed through DDAP as an outpatient D & A facility. This property is zoned commercial, along Route 61 in Ashland.

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

Taxation est. · year 1

• Rental income: $72,204
• − Mortgage interest: −$7,562
• − Property taxes: −$2,025
• − Insurance: −$675
• − Repairs & maintenance: −$5,776
• − Management: −$5,776
• − Depreciation: −$3,927
• Taxable income: $46,462
• Est. tax owed @ 24.0%: −$11,151
• After-tax cash flow: $34,695/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.

Condition & rehab AI · 13 photos

Fair 45/100 Moderate rehab

This multi-family property requires significant exterior and interior updates to improve its condition and increase its value.

Repairs flagged

• Major Exterior paint — Peeling paint on brick
• Major Exterior siding — Exposed brick
• Major Kitchen — No visible photos
• Major Bathrooms — No visible photos
• Major Systems — No visible photos

Value-add opportunities

• Both Exterior paint — Enhances curb appeal and property value
• Both Exterior siding — Improves property value and curb appeal
• Both Kitchen — Modernizes the space and increases rental value
• Both Bathrooms — Modernizes the space and increases rental value
• Both Systems — Ensures the property is up to code and energy-efficient

Renovation cost estimate screening

Repair item	Severity	Est. cost
Exterior paint · Peeling paint on brick	Major	$15,000–50,000
Exterior siding · Exposed brick	Major	$15,000–50,000
Kitchen · No visible photos	Major	$15,000–50,000
Bathrooms · No visible photos	Major	$15,000–50,000
Systems · No visible photos	Major	$15,000–50,000
Total estimated repair cost · 5 items		$75,000–250,000

Value-add ROI direction

• Both Exterior paint — Enhances curb appeal and property value ↑
• Both Exterior siding — Improves property value and curb appeal ↑
• Both Kitchen — Modernizes the space and increases rental value ↑
• Both Bathrooms — Modernizes the space and increases rental value ↑
• Both Systems — Ensures the property is up to code and energy-efficient ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

-18.3% since first listed

3 events — show timeline

• 2026-05-16 Price Changed $179,000 BRIGHT MLS
• 2026-03-26 Price Changed $199,000 BRIGHT MLS
• 2026-01-29 Listed $219,000 BRIGHT MLS