Paired Short-Term Rental
For Sale
$325,000
601-603 MAHANTONGO STREET, Pottsville, PA 17901
Two furnished, separately deeded residences connect internally and include off-street parking.
Property Size3,672 SF
Price / SF$88.51
Days on Market9
Property Features for 601-603 MAHANTONGO STREET
General Information
Standard status
Active
Size
3,672 SF
Total Parking Spaces
4
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Furnished
Yes
Amenities
front porch
screened sunroom
formal terraced garden
Building Details
Year Built
1836
Buildings
2
Listing Agency:
BHHS Homesale Realty - Schuylkill Haven
(570) 385-3456
Listed By:
Jennifer Walton · License #RS335023
(570) 691-8239
Source:
Cummingsrealtors
Added: Sep 5
Changed: Sep 12
Last Checked: Sep 12 at 2:58PM
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.
Located at 601–603 Mahantongo Street, this 3,672-square-foot property combines two independently deeded homes built in 1836. An interior passage links the residences, allowing them to function together or remain separate. Both are furnished and currently licensed for short-term rental use through Airbnb.
The two homes provide distinct historic layouts. One includes a formal parlor, dining room, kitchen, half bath, media room, two bedrooms, and a full bathroom. The second offers an open living and kitchen area, dining space, screened sunroom, three bedrooms, and a full bathroom. A terraced garden and off-street parking for four cars complete the exterior.
The property sits one block from Yuengling Brewery and along the Lager Jogger route in Pottsville, Pennsylvania.
The two homes provide distinct historic layouts. One includes a formal parlor, dining room, kitchen, half bath, media room, two bedrooms, and a full bathroom. The second offers an open living and kitchen area, dining space, screened sunroom, three bedrooms, and a full bathroom. A terraced garden and off-street parking for four cars complete the exterior.
The property sits one block from Yuengling Brewery and along the Lager Jogger route in Pottsville, Pennsylvania.
Key Highlights
- Two separately deeded homes sold together at 601–603 Mahantongo Street
- 3,672 square feet combined; built in 1836
- Interior connecting door permits combined or separate use
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
$21,630
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
6.66%
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%
$432,600
$432.6K
Cap Rate 7%
$309,000
$309.0K
Cap Rate 9%
$240,333
$240.3K
Market Conditions
NOI Build-Up for 3,672 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
$33.0K $9.00/SF
− Vacancy
−$2.1K −$0.59/SF
EGI
$30.9K $8.42/SF
− OpEx
−$9.3K −$2.52/SF
NOI
$21.6K $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%
$432,600
Cap Rate 7%
$309,000
Cap Rate 9%
$240,333
Alternative Uses
Best Use
Multifamily LT 5
$309.0K
$270.4K – $360.5K
NOI $21,630 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$287.0K
$251.1K – $334.8K
NOI $20,090 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$550.8K
$482.0K – $642.6K
NOI $38,556 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 17901, PA
22,608
Population
11,067
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
92%
High-School Grad
79.4 sq mi
ZIP Area
285
Density / Sq Mi
$61,632
Median Household Income
$40,942
Median Earnings
$819
Median Rent
$130,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Two furnished, separately deeded residences connect internally and include off-street parking.
Where is this short term rental property located?
The property is located at 601-603 MAHANTONGO STREET Pottsville, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two separately deeded homes sold together at 601–603 Mahantongo Street; 3,672 square feet combined; built in 1836; Interior connecting door permits combined or separate use
