Building Details

Year Built 1898

Buildings 2

Listing Agency: Ramus Realty Group e***@ramusrealty.com Show Phone

Listed By: William Primeau · License #RS337743 Show Phone

Source: Cummingsrealtors

Added: Oct 7 Changed: Oct 10 Last Checked: Oct 11 at 8:21AM

Report an Issue

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 Ramus Realty Group

Investment Insights

Based on property information with market context.

This duplex property comprises two homes and includes a garage and several sheds. The recorded year of construction is 1898, and the property spans three parcels.

Highway 81 is nearby, providing a route for travel.

Key Highlights

• Three parcels included
• Two homes on the property
• Garage and several sheds

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$9,996

Cap Rate

4.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$199,920 $199.9K

Cap Rate 7%

$142,800 $142.8K

Cap Rate 9%

$111,067 $111.1K

Market Conditions

NOI Build-Up for 1,697 SF

Gross rent

$15.3K $9.00/SF

− Vacancy

−$993 −$0.59/SF

EGI

$14.3K $8.42/SF

− OpEx

−$4.3K −$2.52/SF

NOI

$10.0K $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 Rate 5%

$199,920

Cap Rate 7%

$142,800

Cap Rate 9%

$111,067

Alternative Uses

Best Use

Multifamily LT 5

$142.8K

$125.0K – $166.6K (±1% cap)

NOI $9,996 @ 7.0% cap · market cap 4.26%

Second Best

Apartment 5plus

$132.6K

$116.1K – $154.8K (±1% cap)

NOI $9,285 @ 7.0% cap · market cap 3.95%

Theoretical Best

Office A

$254.6K

$222.7K – $297.0K (±1% cap)

NOI $17,819 @ 7.0% cap · market cap 7.59%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop HVAC Service Auto Parts Store Grocery & Convenience Store Skin Care Clinic Law Firm

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

Yes

Highway access

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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?

Similar For Sale Nearby

Duplex with Mixed-Commercial Zoning

218 TREMONT Road, Pine Grove, PA 17963

$280,000

3,194 SF

View details

Specialty Property for Sale

194 S TULPEHOCKEN ST, Pine Grove, PA 17963

$179,900

View details

Manufacturing Facility Near I-81

12 Roberts Road, Pine Grove, PA 17963

$3,500,000

53,877 SF

View details

Land in 55+ Community

BEAUTY MARY Way lot: 17, Pine Grove, PA 17963

$39,600

0.21 Acres

View details

Frequently Asked Questions

What type of property is this?

Duplex - The property includes a garage, several sheds, and three parcels.

Where is this duplex located?

The property is located at 225 SHULTZ ROAD Pine Grove, PA.

What is the asking price?

The asking price for this property is $234,900.

What are key features of this property?

This property features: Three parcels included; Two homes on the property; Garage and several sheds