Photo 1 of 5
$75,000
Sold on 9/03/24
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
2 |
1.00 |
0 |
|
1978 |
On the market:
38 days
|
View full details, 15 photos, school info, and price history
Great investment opportunity! 2 manufactured singlewides and 3 septic systems on a 1.53 acre parcel. Great location, private setting, yet close to down town Dallas and North Gaston schools. Front unit is currently paying $150/week and rear is paying $100/week. Both are on month to month agreements. Originally 3 units where on this parcel, but the middle unit was removed and relocated. Value add possibility of adding a 3rd unit back onto the property. Priced below gross rent multiplier value, with the ability to add additional rental income easily. Owner has not entered the units in quite some time and makes no representation as to the condition. There is one shared well on the property. Current owner pays the electric to the well only and garbage, current tenants pay for everything else. Selling for the value of the land, 3 septic systems, and well. Owner does have the titles to the trailers and will transfer at no additional cost. Sheds are owned by tenants and do not convey.
Listing courtesy of Chris Piper, NorthGroup Real Estate LLC