Property Description
Investor Opportunity – 17 E Cherry St, Mount Carmel, PA 17851 Solid value-add or buy-and-hold opportunity in Mount Carmel Borough. This residential property sits on a classic narrow town lot (approx. 12.5' x 75' / 938 sq ft) in a walkable neighborhood with strong local rental demand. Public records show a very low assessed value of $3,000 and annual property taxes under $400 keeping carrying costs extremely light while you renovate or stabilize. Nearby comps and rent estimates support solid cash-flow potential once updated (Zillow rent estimate currently $1,100+/mo range for the area). Mount Carmel continues to attract investors looking for affordable entry points in the coal region with room to force equity through cosmetic or full rehabs. Key investor highlights: Ultra-low taxes and assessment Narrow-lot single-family (typical for the street) with rental or flip upside Established neighborhood with ongoing investor activity Easy access to local amenities and employment centers Perfect for a fix-and-flip, BRRRR, or long-term rental strategy. Condition and interior details (beds/baths/sq ft) should be verified on-site as public records are limited.