This exceptional property is a standout investment opportunity in the heart of Kulpmont, conveniently located on the main street next to the Municipality building. The property features two rented storefronts on the first floor, offering steady commercial income and excellent visibility. The upper levels include three well-maintained apartments: a cozy 1-bedroom, 1-bath unit; a spacious 2-bedroom, 1.5-bath unit; and a generous 4-bedroom, 1-bath unit. The third floor offers additional storage space that could be finished. The property currently generates a gross monthly income of $2,100, with significant upside potential as many rents are currently below market value. All potential buyers must provide proof of funds or prequal letter before scheduling a showing.
Welcome to an exceptional investment opportunity! Presenting three parcels nestled on Scott Street in the investment friendly town of Kulpmont PA- 945, 919, and 921. Each property is offered at $59,900.00 each or purchase the package of 3 for $150,000.00 First up, 945 Scott, a promising asset currently leased for $950 per month, with the tenant bearing all utility expenses. Generating steady rental income, this property offers immediate returns on your investment. Next, 919 and 921 Scott await transformation, offering blank canvases for your vision. With both parcels vacant, seize the chance to revitalize and maximize their potential. Whether you're a seasoned investor seeking to expand your portfolio or a handy individual ready to embark on a project, these properties hold endless possibilities.
The median home value in Kulpmont, PA is $65,000. This is lower than the county median home value of $77,800. The national median home value is $219,700. The average price of homes sold in Kulpmont, PA is $65,000. Approximately 53.26% of Kulpmont homes are owned, compared to 29.57% rented, while 17.17% are vacant. Kulpmont real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kulpmont real estate agent to arrange a tour today!
Kulpmont, Pennsylvania has a population of 2,841. Kulpmont is more family-centric than the surrounding county with 25.44% of the households containing married families with children. The county average for households married with children is 24.44%.
The median household income in Kulpmont, Pennsylvania is $42,695. The median household income for the surrounding county is $44,534 compared to the national median of $57,652. The median age of people living in Kulpmont is 48.1 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 46.1 inches per year, with 31.5 inches of snow per year.