110 Margaret Lane, Windber, PA 15963
Excellent Investment opportunity with very good capital appreciation potential when rehabbed.
A 3 Bedroom , 1 bathroom Single family house on a quiet residential street on a large lot of 0.41 acres (17,860 sq ft lot) with many structures on the property.
Lot dimensions: 55’ x 324’
Built 1948
The single family house has an area of 1,184 sq ft property has character and interesting features. It has a large covered front porch, a side extension, a partial basement and most of the rooms are of a decent size. The property has 3 bedrooms, 1 bathroom, living room, dining area, kitchen and front porch.
On the property there are also:
- several small sheds one of which is quite large
- a second house which needs a full rehab (the red house)
- a trailer
The property has been vacant for a while, and now needs a comprehensive rehab, but once completed the property has tremendous potential.
Pleasant and quite location:
The property is located in a pleasant and quiet residential area surrounded by the beautiful Gallitzen State forest and within about 12 minutes’ drive of Downtown Windber PA with local facilities and amenities.
The property is easily accessible being just half a mile away from PA State Highway Route 56.
Johnstown, PA is about 19 miles away.
Local facilities and amenities include:
Restaurants
Best Way Pizza (5.2mi), Fleegle’s Pizza (5.3mi), Fay’s Candies (5.6mi), Saddle Club (5.8mi), Rizzo’s of Windber (6.6mi), D’Arc’s Pizza Shop (6.7mi), Stock’s 50 Six Pac (6.7mi), Subway® Restaurants (6.7mi), Town Tavern (6.9mi), Carlyn’s Restaurant (7mi), Windber Hotel (7mi), Bellas Pizzeria (7mi), Windber Beverage Inc (7.1mi), Mimo’s Pizza & Restaurant (7.1mi), Windber Wok (7.3mi), Pagano’s Catering (7.4mi), Homestead Inn (7.5mi), Em’s Subs (7.5mi), Bench (7.6mi), Subway® Restaurants (7.9mi), Subway Restaurants (8mi), Sunshine Family Diner (8.1mi), Kountry Korner Diner (8.1mi), Fox’s Pizza Den (8.1mi), Subway® Restaurants (8.2mi), Fox’s Pizza Den (8.2mi), Gosnells Family Restaurant (8.7mi), Graystone Homestyle Restaurant (8.8mi), Capri Pizza (9mi), Eat 2 Live Bistro (9.1mi), Dairy Queen (9.1mi), Hoss’s (9.1mi), Chili’s Grill & Bar (9.1mi), Lychee Chinese Gourmet (9.1mi), Subway® Restaurants (9.1mi), Five Guys (9.1mi), Main Moon (9.1mi), Giant Eagle Prepared Foods (9.2mi), El Jalisco Mexican Restaurant (9.2mi), Denny’s (9.3mi), Burger King® (9.3mi), Subway® Restaurants (9.3mi), Eat’n Park (9.3mi), 56 Buffet (9.3mi), Empanada palace (9.4mi), Jake’s Pub & Grill (9.4mi), Mandarin Express (9.4mi), The Italian Oven Restaurant of Johnstown (9.4mi)
Coffee
McDonald’s (6.7mi), The Lion’s Den Café (8mi), Adelines (8.4mi), Panera Bread (8.9mi), McDonald’s (9.1mi), Starbucks (9.1mi), Dunkin’ Donuts (9.4mi), Auntie Anne’s Pretzels (9.4mi), McDonald’s (9.5mi), Hill of Beans Coffee Company (9.8mi), McDonald’s (9.9mi)
Bars
Ed’s O’s (1.1mi), Citizens Club (4.9mi), The Bunker Inn (6.7mi), Pappy’s Family Pub (9.3mi), Applebee’s Neighborhood Grill & Bar (9.6mi)
Groceries
Leone’s Market (6.7mi), Fine Wines & Winemaking (6.8mi), Riverside Markets (7.1mi), Windber Pit Stop (7.2mi), Conjelko’s Dairy Store (7.6mi), Sudz & More (8mi), Keiper’s Farm Mart (8.2mi), Fishertown Country Store (8.3mi), Walmart Grocery Pickup (9.1mi), Farmers Market (9.1mi), Fine Wine & Good Spirits (9.2mi), Farmers Market (9.2mi), Giant Eagle Deli (9.2mi), Pepsi Bottling Group (9.2mi), Giant Eagle Supermarket (9.2mi), Big Lots (9.4mi), Gardeners Candies (9.4mi), GNC (9.4mi), Alpine Beverages (9.5mi), Market Basket (9.5mi), ALDI (9.6mi), Inco Beverage (9.7mi)
Parks
State Game Lands Number 26 (6mi), State Game Lands Number 228 (8mi), Blue Knob State Park (8.6mi)
Schools
Windber Elementary School (5.6mi), Windber Area Middle School (6.5mi), New Paris Center Elementary School (6.7mi), Richland Academy (7.5mi), Chestnut Ridge Senior High School (7.7mi), Chestnut Ridge Central Elementary School (7.7mi), Shade Junior/Senior High School (7.9mi), Chestnut Ridge Middle School (7.9mi), Cairnbrook Elementary School (8mi), Greater Johnstown Area Vocational Technical School (8.4mi), Richland Elementary School (8.6mi), Forest Hills High School (9.5mi), Forest Hills Elementary School (9.6mi)
Shopping
Allegheny Mountain Antique Gallery (3.8mi), Dollar General (6.3mi), Sheetz (7mi), Fruity Petals (7.1mi), Chester’s Flowers (7.2mi), Southerwood Gardens (7.3mi), Comics World (7.3mi), Dollar General (7.3mi), Spring Meadows Antiques (7.6mi), Dollar General (8mi), Follett (8.3mi), Bed Bath & Beyond (8.9mi)
Entertainment
Whispering Hollow Estate (3.3mi), Redbox (6.3mi), Windber Stadium (6.5mi), Trolly Graveyard (6.6mi), Vintage Electric Street Car Company (6.7mi), Redbox (7mi), Arcadia Theater (7mi), Slovak Educational Club (7.2mi), Manges Cemetery (7.9mi), Southern Alleghenies Museum (8.2mi), Wingard Cemetary (8.8mi), Silver Drive-In (8.9mi)
Errands
First Commonwealth Bank (5.1mi), First Commonwealth Bank Branch Offices (5.1mi), US Post Office (5.5mi), Long’s Outpost (6.6mi), Fluder True Value (6.7mi), US Post Office (7mi), Cambria-Somerset Cog Federal Credit Union (7mi), Whysong’s Pharmacy (7mi), Robert Troxell, RPH (7mi), First Commonwealth Bank (7.1mi), David N. Whysong, RPH (7.1mi), Penn Home Medical Supply (7.1mi)
(walkscore.com)
Demographics – Windber, PA 15963 1
Total population 10,870
% White 93.9.00%2
% Asian 3.80%2
Average 2018 Household income : $59,844
Average Home value: $136,633
1 https://pennsylvania.hometownlocator.com/zip-codes/data,zipcode,15963.cfm
2 https://www.neighborhoodscout.com/pa/windber/demographics
THIS IS A UNIQUE OPPORTUNITY FOR THE SAVVY BUSINESS OWNER, DEVELOPER OR INVESTOR TO OWN A POTENTIALLY HIGH INCOME PROPERTY AT A DISCOUNTED PRICE IN A GREAT LOCATION.
Great investment opportunity:
The property has excellent capital appreciation potential once rehabbed .
Excellent income potential once rehabbed
Average rent* for similar properties in this area: $800/ month
*hotpads.com
Taxes:
Somerset County PA – Parcel Tax ID: 320001010 (Map Number: S32-014-053-00)
Yearly Taxes:
- Township + county taxes: $272.55
- School tax: $392.70
Total yearly taxes: $665.25
All taxes are paid up to date and current there are no delinquencies.
Next year’s township and county taxes will be out March 2020 and the school taxes July 1st 2020
PROPERTY IS SOLD AS IS
