Description
Investment Opportunity: Fully Occupied doublewide mobile home with Long-Term Tenants!🏡 Property Overview:Spacious 28'x60' home with 3-5 bedroomsLease with tenants in place until October 1, 2025Current rent at $1,600/monthFirst & last months' rent already receivedBuilt by Patriot Homes/Lincoln Park Homes Div. Shipsewana, INCompleted on 07-26-1989 (Serial #LPP-2585 A/B)HUD labels #NTA178904 & NTA178905💎 Renovations & Features:Recently renovated, ensuring a modern and attractive appealNew well installed in summer 2019Upgraded 3-bedroom septic system with pump system installed in summer of 2019 unused until 10/22/20226' insulated slab foundation for enhanced durabilityHurricane tie-downs for added safetyInsulated skirting for improved energy efficiencyNew plumbing & hot water tank in 2022Privately owned electric pole installed in 2019Forced hot air furnace replaced in 2021Metal roof installed in 2018Vinyl siding upgraded in 2021🌳 Potential Upside:3-acre lot allows for additional rental unit or personal home constructionBirch stream runoff with year-round flowing waterPossibility of adding a duplex (subject to town approval) for owner-occupancy and additional rental income📈 Investment Benefits:Immediate income stream from long-term tenantsProperty has been meticulously maintained and upgradedDesirable location with potential for additional developmentStrong rental market with future growth potentialFavorable lease terms until October 2025🌟 Act Now: Don't miss out on this lucrative investment opportunity! Whether you're a seasoned investor or just starting out, this property offers a reliable income stream and potential for further expansion. Contact an agent today to arrange a viewing and explore the possibilities of this property. Invest in your future now!
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3BEDS
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3ACRES
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2BATHS
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01/2 BATHS
Description
Investment Opportunity: Fully Occupied doublewide mobile home with Long-Term Tenants!🏡 Property Overview:Spacious 28'x60' home with 3-5 bedroomsLease with tenants in place until October 1, 2025Current rent at $1,600/monthFirst & last months' rent already receivedBuilt by Patriot Homes/Lincoln Park Homes Div. Shipsewana, INCompleted on 07-26-1989 (Serial #LPP-2585 A/B)HUD labels #NTA178904 & NTA178905💎 Renovations & Features:Recently renovated, ensuring a modern and attractive appealNew well installed in summer 2019Upgraded 3-bedroom septic system with pump system installed in summer of 2019 unused until 10/22/20226' insulated slab foundation for enhanced durabilityHurricane tie-downs for added safetyInsulated skirting for improved energy efficiencyNew plumbing & hot water tank in 2022Privately owned electric pole installed in 2019Forced hot air furnace replaced in 2021Metal roof installed in 2018Vinyl siding upgraded in 2021🌳 Potential Upside:3-acre lot allows for additional rental unit or personal home constructionBirch stream runoff with year-round flowing waterPossibility of adding a duplex (subject to town approval) for owner-occupancy and additional rental income📈 Investment Benefits:Immediate income stream from long-term tenantsProperty has been meticulously maintained and upgradedDesirable location with potential for additional developmentStrong rental market with future growth potentialFavorable lease terms until October 2025🌟 Act Now: Don't miss out on this lucrative investment opportunity! Whether you're a seasoned investor or just starting out, this property offers a reliable income stream and potential for further expansion. Contact an agent today to arrange a viewing and explore the possibilities of this property. Invest in your future now!
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-09-28T23:47:42.18.
