Photo 1 of 48
$320,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
10 |
7.00 |
3,668 |
0 |
1991 |
On the market:
15 days
|
View full details, 15 photos, school info, and price history
Located just south of Rutherford College & Valdese, this desirable investment property offers both immediate income & long-term potential. The property includes four well-maintained 1990s singlewide mobile homes, each thoughtfully updated by the current owner.
These units currently generate $3,200/month ($38,400/year) in rental income, with room for increased returns.
Recent improvements across the homes include: carpet, flooriing, paneling, paint, interior & exterior doors, vanities & toilets, water heaters & many appaliances.
Each home is equipped with a heat pump, making them more attractive to quality tenants. The landlord currently handles lawn care, provides town water, & maintains a shared dumpster. Tenants are responsible for all other utilities. Each unit is on its own septic system.
Set in a scenic location at the foot of Mineral Springs Mountain, just outside the town limits.
Unit #1 is available for showings. Additional units may be shown to serious, qualified buyers.
Listing courtesy of Shane Cook, C Shane Cook & Associates