Duplex With Gas
For Sale
$121,500
45-47 S MARKET ST, Shamokin, PA 17872
Each residence provides two bedrooms, one bath, natural gas heat, and a gas stove.
Property Size1,600 SF
Price / SF$75.94
Days on Market48
Property Features for 45-47 S MARKET ST
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
BHHS Homesale Realty - Schuylkill Haven
(570) 985-4060
Listed By:
Dena Renee Guenther · License #RS373381
(570) 985-4060
Source:
Davidyungmann.myrealestateplatform
Added: Jul 13
Changed: Aug 28
Last Checked: Aug 25 at 9:46AM
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 Shamokin duplex contains two residential units, each arranged with two bedrooms and one bathroom. The property totals 1,404 square feet and is equipped with natural gas heat, while each unit has its own gas stove. The building is being offered in AS IS condition.
The sale also includes a separate 0.02-acre wooded parcel at 44 S Diamond St, identified as Parcel #012-01-004-123. That parcel is additional to the listed property acreage. Shopping, restaurants, and everyday amenities are located nearby, adding convenience for residents and visitors.
The sale also includes a separate 0.02-acre wooded parcel at 44 S Diamond St, identified as Parcel #012-01-004-123. That parcel is additional to the listed property acreage. Shopping, restaurants, and everyday amenities are located nearby, adding convenience for residents and visitors.
Key Highlights
- Two‑unit duplex with 1,404 square feet
- Each unit includes 2 bedrooms and 1 bathroom
- Natural gas heat serves the property
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
$11,058
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
9.10%
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%
$221,160
$221.2K
Cap Rate 7%
$157,971
$158.0K
Cap Rate 9%
$122,867
$122.9K
Market Conditions
NOI Build-Up for 1,600 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
$21.5K $13.44/SF
− Vacancy
−$1.4K −$0.87/SF
EGI
$20.1K $12.57/SF
− OpEx
−$9.0K −$5.65/SF
NOI
$11.1K $6.91/SF
Area
Northumberland County, PA
Vacancy
6.50%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
45.00%
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%
$221,160
Cap Rate 7%
$157,971
Cap Rate 9%
$122,867
Alternative Uses
Best Use
Multifamily LT 5
$171.1K
$149.8K – $199.7K
NOI $11,980 @ 7.0% cap · market cap 9.86%
Second Best
Apartment 5plus
$158.0K
$138.2K – $184.3K
NOI $11,058 @ 7.0% cap · market cap 9.10%
Theoretical Best
Warehouse
$1.95M
$1.70M – $2.27M
NOI $136,281 @ 7.0% cap · market cap 112.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
Explore this area
Business Placement
Demographics for 17872, PA
9,223
Population
5,419
Households
1.7
Avg Household Size
42
Median Age
15%
College-Educated
82%
High-School Grad
43.0 sq mi
ZIP Area
214
Density / Sq Mi
$44,395
Median Household Income
$37,089
Median Earnings
$659
Median Rent
$79,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each residence provides two bedrooms, one bath, natural gas heat, and a gas stove.
Where is this duplex located?
The property is located at 45-47 S MARKET ST Shamokin, PA.
What is the asking price?
The asking price for this property is $121,500.
What are key features of this property?
This property features: Two‑unit duplex with 1,404 square feet; Each unit includes 2 bedrooms and 1 bathroom; Natural gas heat serves the property
