Property Description
Two Turnkey Multifamily Deals – Seller-Financed with 12-Month Free Payment Period Pottsville + Shenandoah, PA | Exceptional Cash Flow Potential
Properties Included
• Building A: 303 S Centre St, Pottsville, PA
4-unit mixed-use
(street-level storefront + three 2-bed/1-bath apartments)
6 bedrooms | 3 bathrooms total
• Building B: 22 E Centre St, Shenandoah, PA
4-unit residential building
(one 4-bed/1-bath, one 1-bed/1-bath, one studio/1-bath, one efficiency/1-bath)
6 bedrooms | 4 bathrooms total
Combined Portfolio: 12 bedrooms | 7 bathrooms | 8 total rental units
Building A — 4-Unit Mixed-Use (Pottsville)
Current:
1 apartment rented @ $1,350/mo
Storefront + 2 apartments vacant/underperforming (two qualified commercial tenants already interested — contacts passed at closing)
Stabilized Pro Forma: Gross ≈ $5,750/mo | 30% opex | NOI ≈ $48,300/yr
Renovation Plan: 2 apartments @ ~$40k each + storefront tenant fit-out
Value at Stabilization: $568k @ 8.5% cap | $537k @ 9.0% cap | $508k @ 9.5% cap
Building B — 4-Unit Residential (Shenandoah)
Current:
1 unit rented @ $1,250/mo (+$100 immediate upside)
3 units vacant/ light to medium rehab needed
Stabilized Pro Forma: Gross = $5,400/mo | 35% opex | NOI ≈ $42,120/yr
Renovation Plan: 3 apartments @ ~$55k each
Value at Stabilization: $562k @ 7.5% cap | $527k @ 8.0% cap | $496k @ 8.5% cap
Renovation budgets are preliminary — Heim Construction is finalizing full scopes and firm bids.
Exit Strategy: Refinance (DSCR/Non-QM) or sell upon stabilization — whichever maximizes return.
Deal Structure (Both Properties Together)
Total Contract Purchase Price: $550,000
(Already includes all assignment/closing costs — no hidden fees)
Breakdown by Property (for lending/appraisal purposes):
303 S Centre St, Pottsville → $310,000
22 E Centre St, Shenandoah → $240,000
Down Payment Required: $210,000 payable at closing
(≈38% effective equity position on day 1)
Earnest Money Deposit: $2,500
(non-refundable, applied to down payment) Due by December 5th
Extremely Favorable Seller Financing
Seller Carryback Note: $340,000
Payment Holiday – First 12 Months: $0 payments, no interest accrual
Months 13–48: Fixed $2,000/month (covers both properties)
Balloon Payment: $340,000 due at month 48 (4-year term)
This structure gives you a full year of zero debt service to renovate, lease up, and stabilize the assets with virtually no carrying cost pressure.
Total Investor Cash Needed at Closing (Excluding Rehab)
$210,000 Down Payment + $2,500 EMD = $212,500 total cash to close
(Rehab and stabilization capital are separate and paid as work progresses)
Why This Deal Works
12 months of completely debt-free execution time
Only $2,000/month total payment starting year 2
Projected combined stabilized NOI ≈ $90,420/year
Projected combined value at stabilization ≈ $1,000,000 – $1,130,000 depending on final cap rate
Extremely low basis in strong Pennsylvania rental markets
Serious investors only. First buyer to sign and deposit secures both buildings.
Contact
John Guy
(305) 337-8085
Property Details
Property Type
Mixed-Use
Bedrooms
12
Bathrooms
8
Size
7,690 sqft
Floors
2
Year Built
Property Location
22 E Centre St, Shenandoah, PA 17976, USA
























