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Listed by MARTIN APPRAISAL SERVICE
$ 119,000
Est. payment /mo
New
528 W Vincent St Ligonier Boro, PA 15658
2 Baths
0.66 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1770238
Style Other
Full Baths 1
Half Baths 1
Construction Status Resale
HOA Y/N No
Year Built 1950
Annual Tax Amount $1,817
Lot Size 0.659 Acres
Acres 0.6588
Property Sub-Type Other
Property Description
Twin Pines is located within the Boro of Ligonier. This once striving mobile home park is situated on a large lot (147 x 211 x 120 x 125) and has all city utilities. The park has eleven (11) pads, four (4) existing mobile homes, and four storage units rented by on-site tenants. The site as a whole has eleven (11) city water and city sewer taps, eight (8) electric meters (see addendum on details). Pad rentals are currently $220 per month plus electric. Water and sewage per unit averages $100 per month each. Storage units rent at $40 per month.
This park has huge potential for the enterprising investor. It's zoned R-4 multi-family residential. Redesign the plot plan to accommodate 4 to 6 modern units with yards, carports, etc. Market rents for pads in nice parks range from $450 to $650 per month plus utilities. 6 units @ $500 p/m = $36,000 (as an example). Site plan changes would need approved by the Zoning Board. R-4 zoning (multi-family) lends itself to construction of attached townhouses, etc. Since it's an approved 'Conditional Use' in an R-4 Zone, any changes would need approved by Ligonier Boro. Mobile Home Park ordinances can be found in Article VII-6 on Ligonier Boro's website.
This park has huge potential for the enterprising investor. It's zoned R-4 multi-family residential. Redesign the plot plan to accommodate 4 to 6 modern units with yards, carports, etc. Market rents for pads in nice parks range from $450 to $650 per month plus utilities. 6 units @ $500 p/m = $36,000 (as an example). Site plan changes would need approved by the Zoning Board. R-4 zoning (multi-family) lends itself to construction of attached townhouses, etc. Since it's an approved 'Conditional Use' in an R-4 Zone, any changes would need approved by Ligonier Boro. Mobile Home Park ordinances can be found in Article VII-6 on Ligonier Boro's website.
Location
State PA
County Westmoreland
Community Public Transportation
Area Ligonier Boro
Interior
Interior Features InteriorFeatures
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features Off Street
Community Features Public Transportation
Water Access Desc Public
Total Parking Spaces 10
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Aluminum Siding
Construction Status Resale
Schools
School District Ligonier Valley
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