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.