145 Pineview Circle
Wadesboro, NC 28170
6601 sqft | #4095585
Description
Attention investors! This 27-unit property with potential for expansion is an incredible opportunity for someone looking to start or expand their real estate investment portfolio. This mobile home park contains seven units that are park-owned and twenty units that are lot rent only. Per the current owner, they county will allow up to 30 homes in the park, so three additional income-producing properties could be added. All homes have access to county water. It is currently 96% occupied with only one current vacancy (lot rent only). Projected monthly income when all properties are rented is $9780.00. Owner is responsible for road and septic maintenance as well as trash pickup. The neighborhood is currently contracting for weekly trash pickup costing approximately $420/month. An appraisal was conducted on the property in 2022 and valued at the current list price of $800,000. Seller financing negotiable.
Property Details
- Parcel Number6463-04-60-9488-00
- Sewer InformationSeptic Installed
- CoolingVaries by Unit
- Cooling FeaturesVaries by Unit
- Property TypeMulti-Family
- Utility SourceCounty Water
- FoundationCrawl Space
- Elementary SchoolUnspecified
- Middle SchoolUnspecified
- High SchoolUnspecified
- PetsConditional
- Property SubtypePortfolio
- Parking FeaturesDriveway
- Parking TypeDriveway
- Original List Price$800,000
- MLS #4095585
- MLS #4095585
- Cost750000
- AppliancesOther
- CountyAnson
- Square Feet6601
- Year Built1980
- Days on Market (Cumulative)354
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2024-08-25 01:01:03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Last Updated: . Source: CANOPY
Listing Courtesy
Listing Agent: Caty Edwards (#CAR77393)
Listing Office: Plank Road Realty (#CAR1906)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
