Building Details

Year Built 1900

Buildings 1

Listing Agency: Century 21 Select Group l***@century21.com Show Phone

Listed By: Louise Shultz

Source: Nepahousehunt

Added: Jul 5 Changed: Aug 29 Last Checked: Aug 29 at 3:58PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Select Group

Investment Insights

Based on property information with market context.

This 1,984-square-foot duplex at 113 W Blaine St in McAdoo Borough contains two apartment units and dates to 1900. Both units have been remodeled with updated flooring, walls, kitchens, bathrooms, and doors. One unit is currently rented and generating income, while the second unit is available for occupancy or rental.

Rear parking serves the property, and an additional lot next to the building is available for separate purchase. The two-unit layout provides an existing rental arrangement along with another unit that can support owner occupancy or additional rental income.

Key Highlights

• Two‑unit duplex totaling 1,984 square feet
• Both apartments updated with new flooring, walls, kitchens, baths, and doors
• One unit is rented and producing income

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).

NOI / Yr

$11,687

Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.

Cap Rate

4.19%

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$233,740 $233.7K

Cap Rate 7%

$166,957 $167.0K

Cap Rate 9%

$129,856 $129.9K

Market Conditions

NOI Build-Up for 1,984 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.

Gross rent

$17.9K $9.00/SF

− Vacancy

−$1.2K −$0.59/SF

EGI

$16.7K $8.42/SF

− OpEx

−$5.0K −$2.52/SF

NOI

$11.7K $5.89/SF

Area

Schuylkill County, PA

Vacancy

6.50%

Lease Rate

$9.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$233,740

Cap Rate 7%

$166,957

Cap Rate 9%

$129,856

Alternative Uses

Best Use

Multifamily LT 5

$167.0K

$146.1K – $194.8K (±1% cap)

NOI $11,687 @ 7.0% cap · market cap 4.19%

Second Best

Apartment 5plus

$155.1K

$135.7K – $180.9K (±1% cap)

NOI $10,855 @ 7.0% cap · market cap 3.89%

Theoretical Best

Office A

$297.6K

$260.4K – $347.2K (±1% cap)

NOI $20,832 @ 7.0% cap · market cap 7.47%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store HVAC Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

180

Businesses Nearby

Explore this area Business Placement

Demographics for 18237, PA

3,463

Population

1,844

Households

1.9

Avg Household Size

41

Median Age

14%

College-Educated

82%

High-School Grad

17.6 sq mi

ZIP Area

197

Density / Sq Mi

$47,181

Median Household Income

$36,375

Median Earnings

$1,021

Median Rent

$90,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Two-unit property with updated interiors, rear parking, and one unit currently producing rental income.

Where is this duplex located?

The property is located at 113 W Blaine St McAdoo, PA.

What is the asking price?

The asking price for this property is $279,000.

What are key features of this property?

This property features: Two‑unit duplex totaling 1,984 square feet; Both apartments updated with new flooring, walls, kitchens, baths, and doors; One unit is rented and producing income