Montrose Terrace Park, Montrose, PA 18801
$525,000
Property Type:
Commercial Sale
Square Footage:
10,000
Lot Size (sq. ft.):
2,613,600
Status:
Closed
Current Price:
$525,000
List Date:
5/15/2020
Last Modified:
4/09/2024
Description
Great investment opportunity. Sprawling 60 acre property with excessive rental revenue. Property features a pristine pond and timber, 45 trailers with capacity for 69, RV parking pad with power, 2 apartment buildings that are rented, municipal water on-site, and more. Close proximity to Interstate 81., Tax Information: Available, Ceiling Height: Up to 8' - Y, No Overhead Door: Y
More Information MLS# 18-405
Contract Information
Current Price: $525,000
Sold Price: $525,000
Status: Closed
Listing Contract Date: 2018-02-05
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Buyer Brokerage Compensation: 3
Buyer Brokerage Compensation Type: %
Sub Agency Compensation Type: %
Transaction Broker Compensation Type: %
Dual Or Variable Rate Commission YN: No
Owner Name: Terrace Hill Ventures LLC
Environmental Survey YN: No
Location, Tax, and Legal
Street Name: Montrose Terrace
Street Suffix: Park
Municipality: Bridgewater Township
State: PA
Postal Code: 18801
County: Susquehanna
High School District: Montrose Area
City Region: Montrose
County Tax Amount: 3194.85
Municipal Tax Amount: 988.25
School Tax Amount: 14818.41
Tax Annual Amount: 19001.51
Tax Year: 2020
Tax Assessed Value: 295000
Parcel Number: 143.06-2,001.02,000.
Additional Parcels YN: No
Zoning Description: None
Directions: From Interstate 81 take the PA-492 exit, EXIT 223, toward New Milford/Lakeside. Turn left onto PA-492/Jackson St. Turn left onto Main St/US-11 S. Continue to follow US-11 S. Turn right onto PA-706/State Route 706. Continue to follow PA-706. Turn left onto S Main St/PA-29. Continue to follow PA-29. Turn slight left onto Montrose Terrace Park.
Tax Book Number: 2012/634098
General Property Information
Building Area Total: 10000
Building Area Total (Report Only): 10000
Enhanced Accessible: No
Year Built: 2012
Building Name: N/A
Parking Total: 75
Lot Size Acres: 60
Lot Size Dimensions: 800X1310X1557X1361
Land Lease YN: No
Basement YN: No
Stories: 1
Auction YN: No
List Price/SqFt: 65
Sold Price/SqFt: 52.5
Remarks and Miscellaneous
Public Remarks: Great investment opportunity. Sprawling 60 acre property with excessive rental revenue. Property features a pristine pond and timber, 45 trailers with capacity for 69, RV parking pad with power, 2 apartment buildings that are rented, municipal water on-site, and more. Close proximity to Interstate 81., Tax Information: Available, Ceiling Height: Up to 8' - Y, No Overhead Door: Y
Exclusions: No
Status Change Information
Major Change Timestamp: 2023-05-16T18:58:16Z
Major Change Type: Status Change
Price Change Timestamp: 2022-01-20T16:57:29Z
Status Change Timestamp: 2023-05-16
Purchase Contract Date: 2022-09-02
Close Date: 2023-05-16
Close Price: 525000
Buyer Financing: Cash
Building Features
Included In Contract: Business & Building(s)
Oil, Gas and Mineral Rights
Gas Rights Reserved: Gas Rights Reserved
Mineral Rights Reserved: Mineral Rights Reserved
Oil Rights Reserved: Oil Rights Reserved
Property Subject To Lease: Property Subject To Lease
Road Frontage Type
Road Frontage Length: 800
Property Features
Building Features: Prime Location; Turnkey Operations; Other; See Remarks
Business Type: Mobile/Trailer Park
Construction Materials: Other
Current Use: Unimproved; See Remarks
Electric: 200+ Amp Service
Flooring: Other
Heating: Propane; Other; See Remarks
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Level; Rolling Slope; Other; See Remarks
Parking Features: Driveway; Gravel
Possession: Negotiable
Road Frontage Type: State Road
Road Surface Type: Paved
Roof: Other; See Remarks
Sewer: Public Sewer
Water Source: Well
Showing Requirements: Appointment Only; Text Listing Agent
Listing Office: REALTY NETWORK GROUP
Last Updated: April - 09 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.