14600 Buchanan Trl W · Peters, PA 17236

$249,900

4 bd · 3.0 ba · 3,590 sqft · MultiFamily · 117 Days on market

Built 1879 4.80 ac lot

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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
• Schools +3.5/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 1 unit. estimate disagrees with records

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks MLS

Historic Mountain Property with Multi-Unit & Short-Term Rental Potential on 4.8 Acres Set on 4.8 mostly wooded mountainside acres in Peters Township, this expansive circa-1879 property offers a rare blend of history, flexibility, and income potential. With 3,590 sq ft, 4 bedrooms, and 2 baths, the home is currently used as a single residence but is already equipped with three separate electric meters, providing an excellent framework for conversion into two or three units with the right updates and improvements. Inside, the home showcases some original wood floors, large living spaces, and two working wood-burning fireplaces that add warmth, charm, and character rarely found in today’s homes. A metal roof in good condition and individual baseboard electric heat support long-term durability and flexible future layouts. Multiple porches invite you to enjoy the peaceful wooded surroundings and seasonal mountain views. A truly unique feature of the property is the 18x16 stone Colonial-style outbuilding, dating back to 1765, complete with a loft, fireplace, and its own spring fed well. This structure offers potential as an Airbnb, guest house, studio, or private retreat, subject to buyer due diligence. The property is served by public sewer, a significant advantage for investors considering additional units. Exterior improvements include a paved driveway, a newer 24x24 two-car detached garage, a 20x19 one-car garage with an attached shop, and a 10x24 shed, offering ample space for vehicles, storage, and hobbies. Located in the Tuscarora School District, and in Peters Township where no zoning currently applies, this property presents a rare opportunity for both investors and owner-occupants seeking space, privacy, and upside. Ideal for the buyer with vision — restore, reconfigure, or reimagine this one-of-a-kind property and unlock its full potential.

Key facts

• 4.8 acre lot
• 3 garage spots
• Built 1879

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath multifamily listed at $250k.

Deal economics

• At list price, monthly cash flow is $2k ($26k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $250k).
• Recommended offer: $227k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Tuscarora SD (rural): math 28% / reading 53% proficiency, ranked #338 of 539 in PA (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 48 active listings in the ZIP; 633 units permitted in Franklin County in 2024 (112 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $70k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 117 days — a 9% lower offer ($227k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $62k; list at $250k implies a 306% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1879 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $227,409 (9.0% below list)

Questions for the listing agent

1. It's been on market 117 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1879 — 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. 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: 1.87% ✓
• Cap rate: 16.50%
• Cash-on-cash: 36.46%
• DSCR: 2.62
• GRM: 4.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 32.2%
• Equity multiple: 2.36×
• Total profit: $94,903
• Equity at exit: $37,261

10-year hold

• IRR: 39.3%
• Equity multiple: 4.67×
• Total profit: $256,922
• Equity at exit: $21,607

Cash invested: $69,972 (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 17236

• Active inventory: 48
• Price-to-rent: 13.3×

Monthly cashflow live

• Estimated rent: $4,684 medium
• Mortgage (P&I): −$1,311
• Tax from tax record: −$159 /mo · $1,914/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$984
• Net cashflow: $2,126

Break-even live

Break-even rent $1,993

Max offer price $249,900

Occupancy floor 50%

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

Units	Beds	Baths	Est. rent
▸ 3× units	2	1	$4,683
Total (3 units)			$4,684

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-06-02
   days on market $249,900 Active 117 DOM
2. 2026-06-01
   days on market $249,900 Active 116 DOM
3. 2026-05-31
   days on market $249,900 Active 115 DOM
4. 2026-05-30
   days on market $249,900 Active 114 DOM
5. 2026-03-11
   price $249,900 1895-char remark

   Show marketing remark (1895 chars)

   Historic Mountain Property with Multi-Unit & Short-Term Rental Potential on 4.8 Acres Set on 4.8 mostly wooded mountainside acres in Peters Township, this expansive circa-1879 property offers a rare blend of history, flexibility, and income potential. With 3,590 sq ft, 4 bedrooms, and 2 baths, the home is currently used as a single residence but is already equipped with three separate electric meters, providing an excellent framework for conversion into two or three units with the right updates and improvements. Inside, the home showcases some original wood floors, large living spaces, and two working wood-burning fireplaces that add warmth, charm, and character rarely found in today’s homes. A metal roof in good condition and individual baseboard electric heat support long-term durability and flexible future layouts. Multiple porches invite you to enjoy the peaceful wooded surroundings and seasonal mountain views. A truly unique feature of the property is the 18x16 stone Colonial-style outbuilding, dating back to 1765, complete with a loft, fireplace, and its own spring fed well. This structure offers potential as an Airbnb, guest house, studio, or private retreat, subject to buyer due diligence. The property is served by public sewer, a significant advantage for investors considering additional units. Exterior improvements include a paved driveway, a newer 24x24 two-car detached garage, a 20x19 one-car garage with an attached shop, and a 10x24 shed, offering ample space for vehicles, storage, and hobbies. Located in the Tuscarora School District, and in Peters Township where no zoning currently applies, this property presents a rare opportunity for both investors and owner-occupants seeking space, privacy, and upside. Ideal for the buyer with vision — restore, reconfigure, or reimagine this one-of-a-kind property and unlock its full potential.

6. 2026-02-06
   listed $275,000 Active 1895-char remark

   Show marketing remark (1895 chars)

   Historic Mountain Property with Multi-Unit & Short-Term Rental Potential on 4.8 Acres Set on 4.8 mostly wooded mountainside acres in Peters Township, this expansive circa-1879 property offers a rare blend of history, flexibility, and income potential. With 3,590 sq ft, 4 bedrooms, and 2 baths, the home is currently used as a single residence but is already equipped with three separate electric meters, providing an excellent framework for conversion into two or three units with the right updates and improvements. Inside, the home showcases some original wood floors, large living spaces, and two working wood-burning fireplaces that add warmth, charm, and character rarely found in today’s homes. A metal roof in good condition and individual baseboard electric heat support long-term durability and flexible future layouts. Multiple porches invite you to enjoy the peaceful wooded surroundings and seasonal mountain views. A truly unique feature of the property is the 18x16 stone Colonial-style outbuilding, dating back to 1765, complete with a loft, fireplace, and its own spring fed well. This structure offers potential as an Airbnb, guest house, studio, or private retreat, subject to buyer due diligence. The property is served by public sewer, a significant advantage for investors considering additional units. Exterior improvements include a paved driveway, a newer 24x24 two-car detached garage, a 20x19 one-car garage with an attached shop, and a 10x24 shed, offering ample space for vehicles, storage, and hobbies. Located in the Tuscarora School District, and in Peters Township where no zoning currently applies, this property presents a rare opportunity for both investors and owner-occupants seeking space, privacy, and upside. Ideal for the buyer with vision — restore, reconfigure, or reimagine this one-of-a-kind property and unlock its full potential.

7. 2026-02-03
   historical $275,000 1895-char remark

   Show marketing remark (1895 chars)

   Historic Mountain Property with Multi-Unit & Short-Term Rental Potential on 4.8 Acres Set on 4.8 mostly wooded mountainside acres in Peters Township, this expansive circa-1879 property offers a rare blend of history, flexibility, and income potential. With 3,590 sq ft, 4 bedrooms, and 2 baths, the home is currently used as a single residence but is already equipped with three separate electric meters, providing an excellent framework for conversion into two or three units with the right updates and improvements. Inside, the home showcases some original wood floors, large living spaces, and two working wood-burning fireplaces that add warmth, charm, and character rarely found in today’s homes. A metal roof in good condition and individual baseboard electric heat support long-term durability and flexible future layouts. Multiple porches invite you to enjoy the peaceful wooded surroundings and seasonal mountain views. A truly unique feature of the property is the 18x16 stone Colonial-style outbuilding, dating back to 1765, complete with a loft, fireplace, and its own spring fed well. This structure offers potential as an Airbnb, guest house, studio, or private retreat, subject to buyer due diligence. The property is served by public sewer, a significant advantage for investors considering additional units. Exterior improvements include a paved driveway, a newer 24x24 two-car detached garage, a 20x19 one-car garage with an attached shop, and a 10x24 shed, offering ample space for vehicles, storage, and hobbies. Located in the Tuscarora School District, and in Peters Township where no zoning currently applies, this property presents a rare opportunity for both investors and owner-occupants seeking space, privacy, and upside. Ideal for the buyer with vision — restore, reconfigure, or reimagine this one-of-a-kind property and unlock its full potential.

8. 2023-06-07
   soldstatus $61,500

ⓘ 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: $1,914 · $159/mo
• Projected year-2 tax: $2,931 · $244/mo
• Expected delta: +$1,017/yr (+$85/mo · 53.1%)

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

Taxation est. · year 1

• Rental income: $56,208
• − Mortgage interest: −$13,998
• − Property taxes: −$1,914
• − Insurance: −$1,250
• − Repairs & maintenance: −$4,497
• − Management: −$4,497
• − Depreciation: −$7,270
• Taxable income: $22,783
• Est. tax owed @ 24.0%: −$5,468
• After-tax cash flow: $20,047/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: Tuscarora SD
• NCES district ID: 4222740
• Math proficiency: 28% ▼ -16.00%
• Reading proficiency: 53% ▼ -12.00%
• Median HH income: $54,293
• Composite: 35.22/100
• National rank: #4983
• State rank: #338 of 539 in PA

Livability — Peters

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 8,875

Population outlook (Franklin County) Hauer SSP2

• Today (2025): 157,827 people
• By 2030: 158,933 · +0.7%
• By 2040: 159,060 · +0.8%
• By 2050: 155,132 · -1.7%
• By 2075: 138,545 · -12.2%
• By 2100: 112,321 · -28.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 4% Hispanic / Latino 1% Black 1%
• Common ancestry: Iranian 3% Serbian 2% Romanian 2%
• Foreign-born: 2%

Political lean MEDSL · Franklin

• 2024 margin: Solid R (+43.0) · D 28.1% · R 71.1%
• 2008→2024 swing: -10.4pp toward R · 2008: -32.6pp · 2024: -43.0pp
• All cycles: 2024: R+43.0 2020: R+43.1 2016: R+46.5 2012: R+38.5 2008: R+32.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -88.30%
• Current HPI: 147.6142
• 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

+306.3% since first listed

4 events — show timeline

• 2026-03-11 Price Changed $249,900 BRIGHT MLS
• 2026-02-06 Listed $275,000 BRIGHT MLS
• 2026-02-03 Coming Soon $275,000 BRIGHT MLS
• 2023-06-07 Sold (Public Records) $61,500 Public Records

Property tax history

+19.1%/yr

Latest (2023): $1,914 · +1.6% YoY. Source: county tax records.