Pine Grove PA Multi Family for Sale
- Type:
- Investment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 4.16 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 747913
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Forced appreciation of $250k-$500k ready for the next investor. Lot rents are well below market and water/sewer can be billed back to tenants to increase cash flow and force sizable appreciation. FIDLER'S MOBILE HOME PARK is being sold to finance a larger project otherwise it would not be on the market. If the park doesn't sell soon it will be pulled from the market and refinanced so act now. The community is located at 0 Fidlers Ct, Pine Grove, PA 17963. This 15 lot mobile home park, situated on 4.16 acres has two recently vacated lots with utility hookups ready for new homes. The remaining 13 occupied lots are all tenant-owned homes, ensuring a steady income stream with low maintenance and tax expenses. The current owner will provide a comprehensive list of reliable vendors who service the park to ensure seamless management transition day one. Don't miss the chance to own a lucrative piece of real estate with substantial appreciation primed. Whether you are an experienced investor or looking to start your investment portfolio, this property offers a unique opportunity to grow your wealth while taking advantage of the overwhelming demand for affordable housing. Contact us today for more information including P&L, rent roll, etc.
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Pine Grove Real Estate
The median home value in Pine Grove, PA is $97,800. This is lower than the county median home value of $115,500. The national median home value is $338,100. The average price of homes sold in Pine Grove, PA is $97,800. Approximately 56.76% of Pine Grove homes are owned, compared to 29.42% rented, while 13.82% are vacant. Pine Grove 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 Pine Grove real estate agent to arrange a tour today!
Pine Grove, Pennsylvania 17963 has a population of 2,087. Pine Grove 17963 is more family-centric than the surrounding county with 24.24% of the households containing married families with children. The county average for households married with children is 21.71%.
The median household income in Pine Grove, Pennsylvania 17963 is $55,657. The median household income for the surrounding county is $57,785 compared to the national median of $69,021. The median age of people living in Pine Grove 17963 is 48.8 years.
Pine Grove Weather
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 21.5 degrees. The average rainfall is approximately 46.2 inches per year, with 23.6 inches of snow per year.