3036 Nc 18 US 64 HWY, Morganton, NC 28655 – 4333738

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Jennifer Schoolfield

jenniferschoolfield@gmail.com +1(704) 968-1655

$150,000

Est. payment - /mo

8 Beds

4 Baths

2,902 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,902 sqft

Price per Sqft $51

MLS Listing ID 4333738

Bedrooms 8

Full Baths 4

Abv Grd Liv Area 2,902

Year Built 1972

Lot Size 1.510 Acres

Acres 1.51

Property Sub-Type Fourplex

Property Description

Investment opportunity -- Mobile home park on 1.5 acres with 4 mobile homes. Park owns mobile homes, tenants pay monthly rent. Large, mostly level lot. Three units are rented and one is vacant for showing. Mobile homes are older and need some repairs. Tenants pay electic; water and trash service is provided by owner. Excellent opportunity to add value with strategic upgrades and repairs and increase rents to market rate. Although additional mobile homes cannot be added to the property, older homes can be replaced with new manufactured homes. Park is professionally managed and services can transfer to new owner if desired. No additional mobile homes may be placed due to septic, but lot could be used for other purposes: mobile storage units, parking, RV and boat storage, etc! Located in a flood zone.

Location

State NC

County Burke

Zoning R-3

Interior

Heating Central

Cooling Central Air

Fireplace false

Appliance Other

Laundry Other - See Remarks

Exterior

Street Surface Dirt,Gravel

Garage false

Building

Dwelling Type Manufactured

Foundation Crawl Space, Other - See Remarks

Sewer Septic Installed

Water County Water

Structure Type Aluminum

New Construction false

Schools

Elementary Schools Mountain View

Middle Schools Walter Johnson

High Schools Freedom

Others

Pets Allowed Conditional

Senior Community false

Restrictions Other - See Remarks

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Subject to Lease

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Listed by Judith Sullivan • Raccoon Realty LLC • 828-729-1976

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Jennifer Schoolfield

+1(704) 968-1655

Agent | License ID: 319709

Agent License ID: 319709

3036 Nc 18 US 64 HWY Morganton, NC 28655

Jennifer Schoolfield

Key Details

Location

Interior

Exterior

Building

Schools

Others

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