$360,000
$400,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
6 Baths
5,600 SqFt
SOLD DATE : 12/07/2021
Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $64
MLS Listing ID 3769804
Sold Date 12/07/21
Style Farmhouse
Bedrooms 12
Full Baths 6
Year Built 1942
Lot Size 4.890 Acres
Acres 4.89
Property Sub-Type Multi-Family
Property Description
ATTENTION INVESTERS!! Multi Unit Park which includes one site built home, 5 park owned mobile homes and two lot rents. One of the mobiles is vacant at present but will be filled quickly. All units have their own septic and share two wells. Good gravel road through park & 4.89 acres. Lots of room for improvement as rents are below market value, with the two units filled shortly, the park will gross $54,600 annually. Over 11% CAP! Units age from 1984 to 1993.
Location
State NC
County Madison
Interior
Heating Forced Air, Oil, Window Unit(s)
Flooring Vinyl
Fireplace false
Appliance Cable Prewire, Oven, Refrigerator
Laundry Main Level
Exterior
Exterior Feature Barn(s), Outbuilding(s)
Street Surface Gravel
Total Parking Spaces 16
Building
Lot Description Level, Pasture, Rolling Slope, Sloped, Wooded
Building Description Shingle Siding,Vinyl Siding, Eightplex+
Foundation Basement Outside Entrance, Crawl Space
Sewer Septic Installed
Water Shared Well
Architectural Style Farmhouse
Structure Type Shingle Siding,Vinyl Siding
New Construction false
Schools
Elementary Schools Brush Creek
Middle Schools Madison
High Schools Madison
Others
Pets Allowed Conditional
Acceptable Financing 1031 Exchange, Cash, Construction Perm Loan, Conventional
Listing Terms 1031 Exchange, Cash, Construction Perm Loan, Conventional
Special Listing Condition None
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Karen Gleason • Keller Williams Professionals
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REALTOR® | Lic# NC 301841 | SC 112601