228 W OAK ST Pending Save Request In-Person Tour Request Virtual Tour
Shenandoah,PA 17976
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 2,856 sqft
Price per Sqft $69
Subdivision None Available
MLS Listing ID PASK2016854
Style Colonial
Bedrooms 6
Full Baths 2
Half Baths 1
Year Built 1890
Annual Tax Amount $1,291
Tax Year 2022
Lot Size 2,178 Sqft
Property Description
Large house to call it My Home or an Investment Opportunity in Thriving Shenandoah ? Historic 6-Bedroom Home with 15% CAP Rate
This unique 6-bedroom, 2.5-bathroom property, built in 1890, offers an exceptional investment opportunity in Shenandoah?s rapidly appreciating market. Spanning 2,856 sq ft, this home blends rich historical charm with modern amenities, creating an ideal place to live or a setting for a rental business with long-term appreciation.
Key Features:
Historic Elegance: Step into a grand first floor featuring soaring ceilings, intricate woodwork, and an impressive entrance leading to spacious living and dining areas. The kitchen, with a convenient backyard entrance, is perfect for hosting guests.
Generous Layout: The second floor hosts three large bedrooms, including a master suite with a private entrance to the bathroom and a walk-in closet. The third floor offers three additional bedrooms, one of which opens onto a massive roof balcony, perfect for outdoor enjoyment.
Dual Staircases: Access the second and third floors via the main grand staircase or the second staircase conveniently located near the kitchen, bathrooms, and basement.
Prime Rental Potential: Fully furnished and currently operating as a successful short-term rental, this property can accommodate over 11 guests. The sale includes the option to purchase all furnishings, allowing for a seamless continuation of the rental business.
High CAP Rate: With a solid 15% CAP rate, this property promises impressive returns. Income and expense sheets for 2023 and January-August 2024 are available upon request.
Additional Information:
Move-In Ready: The property is in good condition and sold as-is. It comes with a detached one-car garage and multiple access points, enhancing convenience for tenants and guests. The furnishings are for sale and could be negotiated with the purchase offer or separately.
Market Growth: Positioned in a neighborhood experiencing growth, this property offers both stability and potential for significant value appreciation.
Investor Appeal: This property is more than just a home; it?s a turnkey investment in a rising market. Whether you?re looking to expand your portfolio or enter the short-term rental market, this property offers substantial income potential with minimal hassle.
Location
State PA
County Schuylkill
Area Shenandoah Boro (13364)
Zoning RESIDENTIAL
Rooms
Other Rooms Bedroom 1
Interior
Hot Water Oil
Heating Hot Water,Radiator
Cooling Ductless/Mini-Split
Flooring Hardwood
Inclusions Refrigerator, Washer, Dryer
Equipment Dryer,Dishwasher,Oven - Double,Oven/Range - Electric,Range Hood,Refrigerator,Washer,Water Heater
Laundry Basement
Exterior
Exterior Feature Patio(s),Porch(es),Terrace
Garage Garage - Side Entry,Garage Door Opener
Garage Spaces 1.0
Waterfront N
Water Access N
Building
Story 3
Foundation Permanent
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Shenandoah Valley
Others
Special Listing Condition Standard