Unique income-producing opportunity with multiple revenue streams. This property features two mobile homes, a large garage/workshop, and one additional lot currently rented, offering immediate cash flow with upside potential. ***DO NOT DISTURB TENANTS OR VISIT THE PROPERTY WITHOUT AN APPOINTMENT. ***
Exceptional investment opportunity just minutes from downtown Lincolnton! This unique portfolio features 12 total units across three separate parcels (51606, 51605, 51604), all situated on 9.85 private acres. Currently, six units are rented on month-to-month leases, consisting of four stick-built homes and two single-wide homes, providing immediate rental income. An additional six units, including four single-wides and two stick-built homes, are in need of repair/replacement before becoming habitable, offering strong potential for increased future revenue. The property is serviced by a shared community well, and a city water tap is also available, though it has never been used by the seller. With its mix of income-producing rentals, redevelopment possibilities, and convenient location close to Lincolnton amenities, this portfolio provides investors with significant upside. Please note: tenants are not to be disturbed, and all showings must be scheduled by appointment only.
ATTENTION INVESTORS! Great cash-flowing investment opportunity just minutes from downtown Lincolnton! This mobile home park features three park-owned trailers (built in 1969, 1972, and 1993) with city water and sewer. The property currently generates $23,400 in gross annual revenue with potential to increased. Low overhead, strong rental demand, and proximity to amenities making this a smart addition to any investor's portfolio. Don’t miss out on this value-add opportunity!
Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Lincolnton is located in North Carolina. Lincolnton, North Carolina has a population of 10,926. Lincolnton is less family-centric than the surrounding county with 25.88% of the households containing married families with children. The county average for households married with children is 29.72%.
The median household income in Lincolnton, North Carolina is $38,920. The median household income for the surrounding county is $65,399 compared to the national median of $69,021. The median age of people living in Lincolnton is 34.9 years.
The average high temperature in July is 89.2 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 46.8 inches per year, with 4.5 inches of snow per year.
