$75,000
$75,000
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2 Beds
1 Bath
1.53 Acres Lot
SOLD DATE : 09/03/2024
Key Details
Sold Price $75,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4165055
Sold Date 09/03/24
Bedrooms 2
Full Baths 1
Year Built 1978
Lot Size 1.530 Acres
Acres 1.53
Property Description
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.
Location
State NC
County Gaston
Zoning R-1
Rooms
Main Level Bedrooms 2
Interior
Heating Electric
Cooling Window Unit(s)
Fireplace false
Appliance Oven
Exterior
Garage false
Building
Foundation None
Sewer Septic Installed, Other - See Remarks
Water Well, Other - See Remarks
Level or Stories One
Structure Type Aluminum
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Chris Piper • NorthGroup Real Estate LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "