Duplex with Commercial
For Sale
$280,000
218 TREMONT ROAD, Pine Grove, PA 17963
Two living areas and a finished lower level provide a flexible mixed-use configuration subject to zoning requirements.
Property Size3,194 SF
Price / SF$87.66
Days on Market48
Property Features for 218 TREMONT ROAD
General Information
Standard status
Active
Size
3,194 SF
Property subtype
Duplex
Zoning
Mixed Commercial
Property Condition
Severity
Repairs Needed
Evidence
With some TLC
Building Details
Year Built
1887
Listing Agency:
BHHS Homesale Realty - Schuylkill Haven
(570) 385-3456
Listed By:
Brittany Heller · License #RS333618
(570) 590-6465
Source:
Cummingsrealtors
Added: Aug 21
Changed: Oct 6
Last Checked: Oct 7 at 1:34PM
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 BHHS Homesale Realty - Schuylkill Haven
Investment Insights
Based on property information with market context.
This duplex property at 218 Tremont Road includes a main residence and an attached two-bedroom rental unit. The home contains 2,779 square feet of above-grade finished living space, along with more than 400 square feet of finished lower-level area. The attached unit is occupied on a month-to-month basis. Built in 1887, the property is heated by oil with supplemental heat from a Harman coal/wood stove.
Zoned Mixed Commercial, the finished lower level formerly housed the local post office and may accommodate an in-home business, office, studio, or retail use subject to zoning requirements. The lot extends to the creek and includes a private drive providing rear-yard access, with room for parking. The property is located in a flood zone and is offered for cash or conventional financing only.
Zoned Mixed Commercial, the finished lower level formerly housed the local post office and may accommodate an in-home business, office, studio, or retail use subject to zoning requirements. The lot extends to the creek and includes a private drive providing rear-yard access, with room for parking. The property is located in a flood zone and is offered for cash or conventional financing only.
Key Highlights
- Duplex includes a main home plus an attached 2‑bedroom rental unit
- 2,779 sq. ft. of above‑grade finished living space
- Over 400 sq. ft. of finished lower‑level space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,039
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,780
$440.8K
Cap Rate 7%
$314,843
$314.8K
Cap Rate 9%
$244,878
$244.9K
Market Conditions
NOI Build-Up for 3,194 SF
Gross rent
$38.3K $12.00/SF
− Vacancy
−$3.1K −$0.96/SF
EGI
$35.3K $11.04/SF
− OpEx
−$13.2K −$4.14/SF
NOI
$22.0K $6.90/SF
Area
Schuylkill County, PA
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,780
Cap Rate 7%
$314,843
Cap Rate 9%
$244,878
Alternative Uses
Best Use
Office B
$370.8K
$324.5K – $432.6K
NOI $25,958 @ 7.0% cap · market cap 9.27%
Second Best
Mixed Use
$314.8K
$275.5K – $367.3K
NOI $22,039 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$479.1K
$419.2K – $559.0K
NOI $33,537 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 17963, PA
9,013
Population
4,301
Households
2.1
Avg Household Size
46
Median Age
17%
College-Educated
91%
High-School Grad
83.7 sq mi
ZIP Area
108
Density / Sq Mi
$74,261
Median Household Income
$48,711
Median Earnings
$882
Median Rent
$203,300
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two living areas and a finished lower level provide a flexible mixed-use configuration subject to zoning requirements.
Where is this duplex located?
The property is located at 218 TREMONT ROAD Pine Grove, PA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Duplex includes a main home plus an attached 2‑bedroom rental unit; 2,779 sq. ft. of above‑grade finished living space; Over 400 sq. ft. of finished lower‑level space
