522 Us Route

522 Us Route

Berkeley Springs, WV 25411

$1,600,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
view of residential houses with outdoor space
a view of residential houses with outdoor space
a view of an aerial view of residential houses with outdoor space
a view of an outdoor space
a view of an ocean from a mountain
a view of a swimming pool in front of house
a view of residential houses with yard
a view of city and ocean
a view of a city
a view of a swimming pool and an outdoor space
a bathroom with a shower
a view of lake and mountain
an aerial view of a house with a yard
a view of lake and mountain
a view of a bathroom
a view of a yard with an outdoor space
a view of an ocean view
a view of a park
a park view with a bench
a view of a chair and table in the garden
a view of a building with a park
a view of a house with a yard in front of it
a view of a golf course with a house in the background
a view of a golf course
a view of outdoor space with playground and green space
a view of a garden
a view of a house with a yard

Description

This is an amazing investment opportunity! Established mobile home park comprised of 16.62 acres split into 60 total lots. So much earning potential here! Currently 25 lots are rented, with 35 additional lots available. Of the 25 currently rented lots, 15 have park-owned mobile homes, each rented for between $500 and $1050. From day one, you have over $14,000 in existing rents. Two more park-owned units are under renovation. The additional lot/mobile home rent will deliver another $10,000 per month....This is an amazing investment opportunity! Established mobile home park comprised of 16.62 acres split into 60 total lots. So much earning potential here! Currently 25 lots are rented, with 35 additional lots available. Of the 25 currently rented lots, 15 have park-owned mobile homes, each rented for between $500 and $1050. From day one, you have over $14,000 in existing rents. Two more park-owned units are under renovation. The additional lot/mobile home rent will deliver another $10,000 per month. Current expenses average $2500 per month. The park is currently on well water with an on-site "wetlands" septic system. Park covers lawn maintenance, snow removal and taxes. Also, public water and public sewer is on the way. Scheduled to be completed by Spring of 2026. And the much-awaited Berkeley Springs Bypass is already underway. So great commercial potential for this 16+ acres. Call today for more information!
  1. Listed by Matthew P Ridgeway • RE/MAX Real Estate Group
    P: 3047287477 remaxmattridgeway@gmail.com

Property Details for 522 Us Route

Tax ID Number
06 9001300020000
Ownership
Fee Simple
Structure Type
Detached
Style
Modular/Pre-Fabricated
Waterfront
No
Garage
No
Municipality
Rock Gap
Central Air
No

Location

Listing Courtesy of RE/MAX Real Estate Group
Add your commute
LISTING UPDATED: 04/05/2024 12:45 PM

Property Details for 522 Us Route

StatusActive
MLS #WVMO2003452
Days on Market258
Taxes$3,505 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1970
Lot Size16.62 AC / 723,967 SF
CountyMorgan County

Location

Listing Courtesy of RE/MAX Real Estate Group
Add your commute

Building Information for 522 Us Route

Stories-Residences4Year Built1970Building Size-Lot Size16.62 AC / 723,967 SF

Payment Calculator

$9,024 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$292

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 522 Us Route

Location
Location
  • In City Limits: No
  • School District Name: MORGAN COUNTY SCHOOLS
  • School District County ID: 121141762928
  • SchoolDistrictSource: Listing Agent
  • County: MORGAN
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $291,900
  • Year Assessed: 2022
  • County Tax: $1,019
  • Improvement Assessed Value: $0
  • City Town Tax: $0
  • Land Assessed Value: $291,900
  • Clean Green Assessed: No
  • Land Use Code: 014
  • Zoning: 213
  • School Tax: $2,486
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: .00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 20421240
Parking
Parking
  • Type Of Parking: Other
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Other
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s), Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Well-Shared
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office
  • List Agent AOR: Eastern Panhandle Board of REALTORS
  • List Agent URL: www.mattridgeway.com

Property History for 522 Us Route

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 522 Us Route

This home is within Morgan County Schools.
Rating
School
Type
Grades
Distance
Widmyer Elementary School
Public - PK to 2
Warm Springs Intermediate School
Public - 3 to 5
Warm Springs Middle School
Public - 6 to 8
Berkeley Springs High School
Public - 9 to 12
Rating
School
Distance
Widmyer Elementary School
PublicPK to 2

Warm Springs Intermediate School
Public3 to 5

Warm Springs Middle School
Public6 to 8

Berkeley Springs High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near 25411

Neighborhoods

Cities

ZIPs

More information about 522 Us Route, Berkeley Springs, WV 25411

522 Us Route is a multi-family home for sale in Berkeley Springs, WV 25411. This property was listed for sale on August 18, 2023 by RE/MAX Real Estate Group, it's currently listed at $1,600,000. It has been on the market for a total of 258 days and was last sold on January 30, 2005. This listing's school district is Morgan County Schools. Nearby schools include Widmyer Elementary School, Warm Springs Intermediate School and Warm Springs Middle School. 522 Us Route is a 0-bed, 0-bath, multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Real Estate Group

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/05/2024 12:45 PM