REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by MARTIN APPRAISAL SERVICE
$ 119,000
Est. payment | /mo
0.66 Acres Lot
$ 119,000
Est. payment | /mo
0.66 Acres Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1770200
HOA Y/N No
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
Area Ligonier Boro
Zoning R-4
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Road Frontage County Road, City Street
Total Parking Spaces 10
Building
Structure Type Aluminum Siding
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs