$500,000
$550,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
28,920 SqFt
SOLD DATE : 12/04/2023
Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 28,920 sqft
Price per Sqft $17
Subdivision None Available
MLS Listing ID PANU2001106
Sold Date 12/04/23
Originating Board BRIGHT
Year Built 1911
Annual Tax Amount $8,575
Tax Year 2022
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 0.00 x 0.00
Property Description
This 28 unit Mount Carmel apartment building offers huge income potential with its outstanding unit mix of (12) one-bedroom units, (7) two-bedroom units, (1) three bedroom unit and (2) studios as well as (6) six commercial units. Mount Carmel is located in the southeastern part of Northumberland County. The Borough of Mount Carmel is approximately one hour or less to major Lehigh Valley cities (63 miles northwest of Allentown, 60 miles northeast of Harrisburg, 53 miles north of Reading and 22 miles south of Bloomsburg). The property offers easy access to major transportation arteries such as Interstates 81, 80, 78 and 276 (the Pennsylvania Turnpike) as well as US Route 209 and State Route 61.
"Built in 1911, Guarantee Trust Apartments is a four-story building, the first story is of granite, and the upper three stories of light colored brick. It is most substantially constructed and throughout is built of the very best material" according to the Mount Carmel Item. In the last 12 years, new electrical, new rubber roof, 2 gas-fired hot water boilers, and domestic hot water heaters have been installed. The Alpine hot water system has two high-efficiency, stone-lined holding tanks with circular motors. Property is in need of interior rehab and is being offered as-is. Opportunity awaits! Show anytime, easy access is always available.
Location
State PA
County Northumberland
Area East Chillisquaque Twp (14104)
Zoning MIXED USE
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling None
Flooring Ceramic Tile, Solid Hardwood
Heat Source Natural Gas
Exterior
Garage Spaces 28.0
Utilities Available Cable TV, Phone
Water Access N
View City
Roof Type Rubber,Flat
Accessibility Elevator
Road Frontage Boro/Township
Total Parking Spaces 28
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Mount Carmel Area
Middle Schools Mount Carmel Area
High Schools Mount Carmel
School District Mount Carmel Area
Others
Tax ID 006-01-003-001
Ownership Fee Simple
SqFt Source Estimated
Security Features Exterior Cameras,Security System,Main Entrance Lock
Acceptable Financing Cash, Conventional, Negotiable
Listing Terms Cash, Conventional, Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard
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Bought with Jill M Saunders • Saunders Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "