$470,000
$492,500
4.6%For more information regarding the value of a property, please contact us for a free consultation.
6.23 Acres Lot
SOLD DATE : 04/08/2023
Key Details
Sold Price $470,000
Property Type Single Family Home
Sub Type Remarks
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1072621
Sold Date 04/08/23
HOA Y/N No
Originating Board Triad MLS
Year Built 1978
Lot Size 6.230 Acres
Acres 6.23
Property Description
MOBILE HOME PARK READY FOR NEW OWNERS. WITH SOME UPGRADES, YOU COULD RAISE THE RENTS AND YIELD A HIGHER CAP RATE. 8 PARCELS WITH JUST OVER 6 ACRES WITH SINGLE WIDE HOMES. INCOME IS ENDLESS ON A PROPERTY LIKE THIS. EACH HOME IS SITTING ON ITS OWN PARCEL, SO YOU COULD ALWAYS UPGRADE HOMES DOWN THE ROAD, PUT IN LARGER HOMES OR BUILD HOMES AS WELL. Will consider owner financing. Min down Payment 100K down. 7% interest on 15 Year amortization schedule, 3-5 year balloon. This part is non negotiable if you want seller to hold the note.
Location
State NC
County Iredell
Interior
Heating Electric Baseboard, Electric
Cooling Window Unit(s)
Flooring Carpet, Vinyl
Appliance Water Heater: Electric
Laundry Washer/Dryer Connection
Exterior
Exterior Feature None
Pool None
Total Parking Spaces 16
Building
Lot Description Dead End, Partially Cleared, Partially Wooded, Sloped
Sewer Septic
New Construction No
Others
Special Listing Condition Owner Sale
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Bought with Nonmls