Oversized Lot with Lots of Possibilities in Lincolnton, NC!
Cash Price: $49,900
Current Rental Cash Flow: $360/Mo
Home Type: 3 Mobile Homes
Lot Size: 3 +- Acres
Trailer A: 3 Bedroom 1 Bath
Trailer B (Tenant Occupied): 2 Bedroom 1 Bath
Potential Updates/Repairs Needed
Trailer A: Would need flooring put down throughout. Needs to be deep cleaned.
Trailer B: Flooring needs to be replaced. Needs to be deep cleaned. Kitchen cabinets need some attention. Bathroom and bathroom light could use some attention.
Property Description
Trailer A: Washer and dryer hookups in bathroom
Trailer B: Washing machine and dryer hookup in the bathroom. Has a unit but does not work well according to tenants. Currently tenant occupied and tenants are not asking for any updates/repairs to be done.
Trailer C: Not livable
All 3 Trailers are on the same well currently, but the well they are on is not on the 3 acres. All have window units for air. There is a well house on the 3 acres that is not being used, it needs a part, but it can be hooked up and used once it is fixed. The sceptic tank is set up for a 4 bedroom house. May be able to tap into city water.
There is many options with this lot. You can seller finance the trailers and charge lot rent. You can move all the trailers off and build a house. You can move the trailers off and let someone moves their mobile home on the lot and charge lot rent. You can pull the trailers off and put a new double wide on the land to create a private living area. You can bring on new trailers and sell the old ones for scrap.
Our properties need updates/repairs and are offered at a deep discount for a fast cash sale.
Because our properties need repairs, they do not qualify for traditional financing.
Please call Lorraine at 803-610-2164 or email Lorraine@investorsrehab.com for the address and more details.
We have been providing deep discounted properties in the Carolina’s for over 30 years.
See more wholesale discounted properties and get on our buyers list for future deals at www.InvestorsRehab.com.