What an opportunity in beautiful Mount Joy! This 9 unit property was recently condemned due to structural issues and the building vacated, clearing the way for new owner to complete the foundation repairs (we have a quote in hand for $148,800) and bring all rents to market prices. The 9 apartments vary from a few recently renovated to several less appealing, but all are move in ready and could be a turn key asset after repairs to satisfy the condemnation are completed. Or, further improve things for even more upside. Generally spacious apartments with 7, 1 bedrooms and 2, 3 bedrooms, and 10+ off street parking spaces in an appealing part of scenic Mount Joy help make this an asset with worlds of potential. Take the opportunity to make it yours!
Mount Joy is located in Pennsylvania. Mount Joy, Pennsylvania has a population of 8,251. Mount Joy is less family-centric than the surrounding county with 23.52% of the households containing married families with children. The county average for households married with children is 32.04%.
The median household income in Mount Joy, Pennsylvania is $67,265. The median household income for the surrounding county is $73,688 compared to the national median of $69,021. The median age of people living in Mount Joy is 40.5 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 21.2 degrees. The average rainfall is approximately 42.2 inches per year, with 20.2 inches of snow per year.
