Exceptional Multi-Unit Property Package in Mount Carmel, PA â A Rare Investment Opportunity! Don't miss out on this fantastic investment opportunity in the serene and charming neighborhood of Mount Carmel, PA. This multi-unit property package includes two buildings, 400 and 402 W 3rd St , being sold together. With two units currently rented and two vacant, there's immediate income potential and room for rent increases, making this an attractive option for savvy investors. Seize this chance to invest in a property with immediate income potential and room for growth. Unit 1: A beautifully renovated 1 BR/1 BA unit with basement access, recently rented. Unit 2: A spacious 3 BR/1 BA unit with a large loft space on the second floor that can function as a third bedroom. This unit features an upper deck off the kitchen. While it needs some work, a property management company has already begun cleaning and assessing necessary updates. Unit 3: A lovely 1BR/1BA, currently rented. Unit 4: A vacant, recently updated 3 BR/1 BA unit with an upper deck off the kitchen. Ready for immediate occupancy, this unit provides an excellent opportunity for rental income.
Mount Carmel is located in Pennsylvania. Mount Carmel, Pennsylvania has a population of 5,740. Mount Carmel is less family-centric than the surrounding county with 16.06% of the households containing married families with children. The county average for households married with children is 24.51%.
The median household income in Mount Carmel, Pennsylvania is $39,976. The median household income for the surrounding county is $51,005 compared to the national median of $69,021. The median age of people living in Mount Carmel is 47.4 years.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 49.4 inches per year, with 36.3 inches of snow per year.
