347 S 7th St · Shamokin, PA 17872

$24,000

2 bd · 2.0 ba · 1,414 sqft · Other · 143 Days on market

Built 1900 3,920 sqft lot ↓ 20% since listing

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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 +6.0/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0

Listing remarks MLS

Discover a unique opportunity perched on a hillside with views over Shamokin. This property, once a cozy two-bedroom, one-and-three-quarter-bath home, has undergone a fire and is now largely gutted. It's being sold as-is and will need a new roof along with other repairs. The City of Shamokin has outlined specific repairs that need to be started within 30 days of closing; please refer to private documents for details and the city's letter. With a full lot and a two-story building in the back, this property has plenty of potential for the right handy person. It's a canvas awaiting your vision—transform it into your dream home or next investment.

Key facts

• Hillside views
• Full lot
• Two story building

Tags

• HILLSIDE VIEWS
• FULL LOT
• TWO STORY BUILDING

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath other listed at $24k.

Deal economics

• At list price, monthly cash flow is $570 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($931 rent vs $24k).
• Recommended offer: $21k (12.0% below list) — sets the bar for market timing.
• Cap rate 34.8% vs local median 11.4% in Shamokin — 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 68/100 on livability (#887 in PA) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: schools D, commute F, employment F.
• Shamokin Area SD (town): math 19% / reading 40% proficiency, ranked #450 of 539 in PA (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 78 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 81 units permitted in Northumberland County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $623 of equity ($166 loan paydown + $457 appreciation (1.9% local appreciation)).
• Northumberland County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (1.9% appreciation + 3.0% rent growth), your $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 143 days — a 12% lower offer ($21k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y 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.

Risks & watch-outs

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

Recommended offer $21,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 143 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 1900 — 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 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: 3.88% ✓
• Cap rate: 34.79%
• Cash-on-cash: 101.79%
• DSCR: 5.53
• GRM: 2.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

1.9% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 6.63×
• Total profit: $37,847
• Equity at exit: $9,342

10-year hold

• IRR: —
• Equity multiple: 13.75×
• Total profit: $85,649
• Equity at exit: $13,357

Cash invested: $6,720 (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 17872

• Home prices YoY: 1.6%
• Active inventory: 78
• Price-to-rent: 2.1×

Monthly cashflow live

• Estimated rent: $931 high
• Mortgage (P&I): −$126
• Tax est. 1.5%: −$30 /mo · $360/yr
• Insurance: −$10
• HOA: −$0
• Vacancy / Maint / Mgmt: −$196
• Net cashflow: $570

Break-even live

Break-even rent $210

Max offer price $24,000

Occupancy floor 34%

Sensitivity live

Price	-10% $587	-5% $578	+0% $570	+5% $562	+10% $553
Rent	-10% $496	-5% $533	+0% $570	+5% $607	+10% $644
Rate	-1.0pp $582	-0.5pp $576	base $570	+0.5pp $564	+1.0pp $557

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: $6,000
• Closing costs: $720
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11 S Market St Fl Rear Shamokin, PA	3.0	1.0	950	$1,000	$1.05	45d	1	0.31mi
11 S Market St Apt B Rear Shamokin, PA	2.0	1.0	1100	$900	$0.82	45d	1	0.31mi
804 W Mulberry St Coal Township, PA	3.0	1.0	1350	$1,075	$0.80	45d	1	0.41mi
2 S Vine St Shamokin, PA	3.0	1.0	1450	$975	$0.67	45d	1	0.54mi
863 W Spruce St Coal Township, PA	2.0	1.0	1200	$695	$0.58	45d	1	0.55mi
1309 W Spruce St Coal Township, PA	3.0	1.0	1275	$825	$0.65	45d	1	0.84mi

Listing history 4 events

1. 2026-05-04
   status Pending 657-char remark

   Show marketing remark (657 chars)

   Discover a unique opportunity perched on a hillside with views over Shamokin. This property, once a cozy two-bedroom, one-and-three-quarter-bath home, has undergone a fire and is now largely gutted. It's being sold as-is and will need a new roof along with other repairs. The City of Shamokin has outlined specific repairs that need to be started within 30 days of closing; please refer to private documents for details and the city's letter. With a full lot and a two-story building in the back, this property has plenty of potential for the right handy person. It's a canvas awaiting your vision—transform it into your dream home or next investment.

2. 2025-12-12
   listed $24,000 Active 657-char remark

   Show marketing remark (657 chars)

   Discover a unique opportunity perched on a hillside with views over Shamokin. This property, once a cozy two-bedroom, one-and-three-quarter-bath home, has undergone a fire and is now largely gutted. It's being sold as-is and will need a new roof along with other repairs. The City of Shamokin has outlined specific repairs that need to be started within 30 days of closing; please refer to private documents for details and the city's letter. With a full lot and a two-story building in the back, this property has plenty of potential for the right handy person. It's a canvas awaiting your vision—transform it into your dream home or next investment.

3. 2022-07-01
   soldstatus $27,000 Closed 390-char remark

   Show marketing remark (390 chars)

   Cleaned out, priced TO SELL and looking for the next owner or investor! Why waste money renting when you can own this affordable home! Investors, come take a look too! 2 BR's double living rooms, eat in kitchen, bathrooms on the lower and upper levels and a detached garage. Great view of the city & township from your front porch. Call Misty to schedule your showing at 570-274-0937

4. 2022-03-03
   listed $29,900 390-char remark

   Show marketing remark (390 chars)

   Cleaned out, priced TO SELL and looking for the next owner or investor! Why waste money renting when you can own this affordable home! Investors, come take a look too! 2 BR's double living rooms, eat in kitchen, bathrooms on the lower and upper levels and a detached garage. Great view of the city & township from your front porch. Call Misty to schedule your showing at 570-274-0937

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥94°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% 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: $11,178
• − Mortgage interest: −$1,344
• − Property taxes: −$360
• − Insurance: −$120
• − Repairs & maintenance: −$894
• − Management: −$894
• − Depreciation: −$698
• Taxable income: $6,867
• Est. tax owed @ 24.0%: −$1,648
• After-tax cash flow: $5,192/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: Shamokin Area SD
• NCES district ID: 4221240
• Math proficiency: 19% ▼ -13.00%
• Reading proficiency: 40% ▼ -11.00%
• Median HH income: $35,380
• Composite: 24.31/100
• National rank: #7709
• State rank: #450 of 539 in PA

Livability — Shamokin

• Score: 68/100
• State rank: #887
• US rank: #9448

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Shamokin, PA
• City population: 9,808
• Population (ZIP): 8,950

Population outlook (Northumberland County) Hauer SSP2

• Today (2025): 90,896 people
• By 2030: 89,084 · -2.0%
• By 2040: 84,822 · -6.7%
• By 2050: 80,521 · -11.4%
• By 2075: 72,152 · -20.6%
• By 2100: 62,257 · -31.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Two or more races 10% Hispanic / Latino 8% Black 1%
• Hispanic origin (detail): Puerto Rican 4%
• Common ancestry: Romanian 14% Iranian 6% Subsaharan African 1%
• Foreign-born: 1%
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Northumberland

• 2024 margin: Solid R (+39.9) · D 29.6% · R 69.5%
• 2008→2024 swing: -26.1pp toward R · 2008: -13.8pp · 2024: -39.9pp
• All cycles: 2024: R+39.9 2020: R+38.5 2016: R+43.6 2012: R+19.4 2008: R+13.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.90%
• Current HPI: 124.6288
• 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

-19.7% since first listed

4 events — show timeline

• 2026-05-04 Pending — CSVBR
• 2025-12-12 Listed $24,000 CSVBR
• 2022-07-01 Sold (MLS) $27,000 CSVBR
• 2022-03-03 Listed $29,900 CSVBR

Property tax history

+6.8%/yr

Latest (2026): $1,265 · +61.5% YoY. Source: county tax records.