Investor Opportunity in Reagan school district! 7 mobile homes and 7 lots being sold (together or separately. See MLS #'s 1236218, 1236219, 1236220, 1236224, 1236223, 1236129, and 1236226 for individual listings) for a total of 3.28 acres. Each lot features a septic tank, gravel driveway, two car detached carport, and storage building. Each unit rents for $1,025 a month for total gross annual income potential of $86,100. Owner maintains the landscaping, tenants cover electricity and water through King Water (all but 7410 and 7424, which are on well water). Low overhead with great rental potential. All 7 properties feature new 2-car carports installed at each unit, along with recently replaced mailboxes on all of the lots. Mobile homes still have DMV titles - not considered real property.
| MLS # | 1236130 |
|---|---|
| Listing Type | For Sale |
| Style | Manufactured Home |
| Sub-Type | Resale |
| Status | Active |
| Year | 1997 |
| Days On Site | 55 |
| Listing Provided By | Coldwell Banker Advantage | Heidi Christie |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 800 |
| Garage | 2 |
| Car Port | Yes |
| Basement | Y |
| Story(s) | 1 |
| Zoning | RS20 |
| Acreage | 0.42 |
| Rooms Total | 0 |
|---|---|
| Cooling | Central Air, Heat Pump |
| Heating | Heat Pump, See Remarks, Electric |
| Fireplaces Total | 0 |
| Construction Materials | Aluminum Siding |
|---|---|
| Lot Features | Cleared |
| Fencing | None |
| Parking Features | Carport, Driveway, Gravel, Detached Carport |
|---|---|
| Garage Spaces | 2 |
| Sewer | Septic Tank, Remarks |
|---|
| Tax Annual Amount | 123.33 |
|---|
| State | NC |
|---|---|
| County | Forsyth |
| City | Pfafftown |
| Zip Code | 27040 |
| Area | Forsyth |
| School District | Reagan |
| Elementary School | Old Richmond |
| High School | Reagan |
| Listing VS Median (in 27040) | |
Price: $575,000 low | high Med: $352,000 sqft: 800 low | high Med: 1,484 $ / sqft: $719 low | high Med: $237 On site: 55 low | high Med: 42 | |
| State | NC |
|---|---|
| County | Forsyth |
| City | Pfafftown |
| Zip Code | 27040 |
| Area | Forsyth |
| School District | Reagan |
| Elementary School | Old Richmond |
| High School | Reagan |
| Listing VS Median (in 27040) | |
Price: $575,000 low | high Med: $352,000 sqft: 800 low | high Med: 1,484 $ / sqft: $719 low | high Med: $237 On site: 55 low | high Med: 42 | |