194 Coal St · Nesquehoning, PA 18240

$159,900

2 bd · 1.0 ba · 1,088 sqft · MultiFamily public records · 33 Days on market

Built 1900 3,398 sqft lot $147/sqft · 127% above area

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Why this score? — see what drove the B 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +4.0/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

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

MOVE RIGHT IN! Nestled in the serene community of Nesquehoning, PA, this charming 3-bedroom, 1-bathroom home is a hidden gem. Step inside to discover a beautifully renovated interior that boasts all-new flooring and freshly painted walls throughout. The home features efficient oil heating complemented by a cozy coal stove, ensuring warmth on even the chilliest winter nights. During summer months, enjoy cool comfort provided by the wall air conditioning unit. This well-maintained property highlights a newer roof for peace of mind and long-term durability. For homeowners who appreciate outdoor space, the expansive yard offers endless possibilities for gardening enthusiasts or those desiring ample room for family gatherings and barbecues. Additional amenities include a convenient one-car garage providing shelter from the elements and extra storage space. This delightful residence is perfect for first-time buyers or anyone seeking tranquility away from the hustle and bustle while still enjoying easy access to local conveniences nearby. Don’t miss your chance to own this delightful slice of Pennsylvania paradise! Schedule your showing today and envision making lasting memories in your new sanctuary. Offered at 159,900.00!

Key facts

• One-car garage
• Newer roof
• Expansive yard

Tags

• RENOVATED INTERIOR
• NEWER ROOF
• EXPANSIVE YARD
• ONE-CAR GARAGE

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath multifamily listed at $160k.

Deal economics

• At list price, monthly cash flow is $972 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $160k).
• Recommended offer: $155k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#872 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, schools D-, amenities F.
• Panther Valley SD (rural): math 14% / reading 35% proficiency, ranked #477 of 539 in PA (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 26 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 180 units permitted in Carbon County in 2024 (10 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-2.1%/yr); year-one equity from $1k of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Carbon County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-2.1% appreciation + 3.0% rent growth), your $45k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 19y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $20k; list at $160k implies a 704% 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 $155,103 (3.0% below list)

Questions for the listing agent

1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.63% ✓
• Cap rate: 13.59%
• Cash-on-cash: 26.06%
• DSCR: 2.16
• GRM: 5.1

CMA / ARV

• ARV (median comp): $89,904
• List price: $159,900
• Delta: 77.86%
• Verdict: OVERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-2.08% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.9%
• Equity multiple: 1.94×
• Total profit: $42,271
• Equity at exit: $30,467

10-year hold

• IRR: 28.7%
• Equity multiple: 3.73×
• Total profit: $122,197
• Equity at exit: $25,479

Cash invested: $44,772 (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 18240

• Home prices YoY: -1.1%
• Active inventory: 26
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $2,608 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$183 /mo · $2,195/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$548
• Net cashflow: $972

Break-even live

Break-even rent $1,377

Max offer price $159,900

Occupancy floor 58%

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

Units	Beds	Baths	Est. rent
▸ 2× units	3	1	$2,608
Total (2 units)			$2,608

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13 School St Unit 70 Nesquehoning, PA	2.0	1.0	950	$1,300	$1.37	19d	1	0.16mi
243 W High St Nesquehoning, PA	3.0	2.0	1107	$1,100	$0.99	44d	1	0.18mi
68 W Center St Nesquehoning, PA	3.0	1.0	1152	$1,200	$1.04	21d	1	0.21mi
2 W Center St Nesquehoning, PA	3.0	1.5	1000	$1,200	$1.20	44d	1	0.27mi
69 W Ridge St Nesquehoning, PA	3.0	1.0	900	$975	$1.08	14d	1	0.29mi
59 E Garibaldi Ave Nesquehoning, PA	3.0	2.0	1200	$2,500	$2.08	2d	1	0.39mi

Listing history 9 events

1. 2026-05-03
   status Pending 1242-char remark

   Show marketing remark (1242 chars)

   MOVE RIGHT IN! Nestled in the serene community of Nesquehoning, PA, this charming 3-bedroom, 1-bathroom home is a hidden gem. Step inside to discover a beautifully renovated interior that boasts all-new flooring and freshly painted walls throughout. The home features efficient oil heating complemented by a cozy coal stove, ensuring warmth on even the chilliest winter nights. During summer months, enjoy cool comfort provided by the wall air conditioning unit. This well-maintained property highlights a newer roof for peace of mind and long-term durability. For homeowners who appreciate outdoor space, the expansive yard offers endless possibilities for gardening enthusiasts or those desiring ample room for family gatherings and barbecues. Additional amenities include a convenient one-car garage providing shelter from the elements and extra storage space. This delightful residence is perfect for first-time buyers or anyone seeking tranquility away from the hustle and bustle while still enjoying easy access to local conveniences nearby. Don’t miss your chance to own this delightful slice of Pennsylvania paradise! Schedule your showing today and envision making lasting memories in your new sanctuary. Offered at 159,900.00!

2. 2026-03-31
   listed $159,900 Active 1242-char remark

   Show marketing remark (1242 chars)

   MOVE RIGHT IN! Nestled in the serene community of Nesquehoning, PA, this charming 3-bedroom, 1-bathroom home is a hidden gem. Step inside to discover a beautifully renovated interior that boasts all-new flooring and freshly painted walls throughout. The home features efficient oil heating complemented by a cozy coal stove, ensuring warmth on even the chilliest winter nights. During summer months, enjoy cool comfort provided by the wall air conditioning unit. This well-maintained property highlights a newer roof for peace of mind and long-term durability. For homeowners who appreciate outdoor space, the expansive yard offers endless possibilities for gardening enthusiasts or those desiring ample room for family gatherings and barbecues. Additional amenities include a convenient one-car garage providing shelter from the elements and extra storage space. This delightful residence is perfect for first-time buyers or anyone seeking tranquility away from the hustle and bustle while still enjoying easy access to local conveniences nearby. Don’t miss your chance to own this delightful slice of Pennsylvania paradise! Schedule your showing today and envision making lasting memories in your new sanctuary. Offered at 159,900.00!

3. 2020-01-15
   soldstatus $19,900 258-char remark

   Show marketing remark (258 chars)

   Twin home up for grabs located in Nesquehoning. Property features 2, possibly a 3 bedrooms, 1.5 baths, room for a workshop in the full basement, wood stove in the dining room, and 1 car detached garage. Close to shopping, schools and a large industrial park.

4. 2020-01-15
   soldstatus $19,900

   Show marketing remark (258 chars)

   Twin home up for grabs located in Nesquehoning. Property features 2, possibly a 3 bedrooms, 1.5 baths, room for a workshop in the full basement, wood stove in the dining room, and 1 car detached garage. Close to shopping, schools and a large industrial park.

5. 2019-12-06
   listed $19,900 258-char remark

   Show marketing remark (258 chars)

   Twin home up for grabs located in Nesquehoning. Property features 2, possibly a 3 bedrooms, 1.5 baths, room for a workshop in the full basement, wood stove in the dining room, and 1 car detached garage. Close to shopping, schools and a large industrial park.

6. 2019-12-03
   listed $19,900
7. 2007-06-29
   soldstatus $67,045
8. 2007-06-29
   soldstatus $67,045
9. 2007-04-12
   listed $64,000

ⓘ 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: $2,195 · $183/mo
• Projected year-2 tax: $2,360 · $197/mo
• Expected delta: +$166/yr (+$14/mo · 7.6%)

ⓘ 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 4/10 Moderate 8 d/yr ≥94°F today · 17 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,296
• − Mortgage interest: −$8,957
• − Property taxes: −$2,195
• − Insurance: −$800
• − Repairs & maintenance: −$2,504
• − Management: −$2,504
• − Depreciation: −$4,652
• Taxable income: $9,686
• Est. tax owed @ 24.0%: −$2,325
• After-tax cash flow: $9,343/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: Panther Valley SD
• NCES district ID: 4218450
• Math proficiency: 14% ▼ -7.00%
• Reading proficiency: 35% ▼ -14.00%
• Median HH income: $36,914
• Composite: 20.31/100
• National rank: #8613
• State rank: #477 of 539 in PA

Livability — Nesquehoning

• Score: 68/100
• State rank: #872
• US rank: #9211

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Nesquehoning, PA
• City population: 3,909
• Population (ZIP): 3,909

Population outlook (Carbon County) Hauer SSP2

• Today (2025): 61,643 people
• By 2030: 59,840 · -2.9%
• By 2040: 55,413 · -10.1%
• By 2050: 50,843 · -17.5%
• By 2075: 43,326 · -29.7%
• By 2100: 37,126 · -39.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Hispanic / Latino 11% Two or more races 7% Black 4%
• Hispanic origin (detail): Puerto Rican 11%
• Common ancestry: Romanian 7% Subsaharan African 4% Polish 3%
• Foreign-born: 3% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Carbon

• 2024 margin: Solid R (+34.8) · D 32.2% · R 67.0%
• 2008→2024 swing: -36.7pp toward R · 2008: 1.9pp · 2024: -34.8pp
• All cycles: 2024: R+34.8 2020: R+32.0 2016: R+34.1 2012: R+6.9 2008: D+1.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -2.08%
• Current HPI: 190.5896
• 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

+149.8% since first listed

9 events — show timeline

• 2026-05-03 Pending — GLVRMLS
• 2026-03-31 Listed $159,900 GLVRMLS
• 2020-01-15 Sold (MLS) $19,900 GLVRMLS
• 2020-01-15 Sold (MLS) $19,900 PMAR
• 2019-12-06 Listed $19,900 PMAR
• 2019-12-03 Listed $19,900 GLVRMLS
• 2007-06-29 Sold (Public Records) $67,045 Public Records
• 2007-06-29 Sold (MLS) $67,045 GLVRMLS
• 2007-04-12 Listed $64,000 GLVRMLS

Property tax history

+2.0%/yr

Latest (2026): $2,195 · +2.7% YoY. Source: county tax records.