134 Duncan Road, Hamlet, NC 28345

$165,000
3
BD
2
BA
980
SqFt

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Listing courtesy of Sweatt Realty Group. tsweatt0@gmail.com

List Price
$165,000
Price Change
▲ $65,100 1783043023
Status
ACTIVE
MLS#
4393056
Bedrooms
3
Bathrooms
2
Full-baths
2
Living Area
980
Lot Size
35,980
Subdivision
Hamlet Park
Neighborhood
Hamlet Park
Year Built
1979
Acres
0.83

Property Description

BLANK SLATE MHP | HIGH-YIELD REAL ESTATE VALUE-ADD OPPORTUNITY! Located in the growth primed Richmond County corridor (Hamlet, NC), this Mobile Home Park sits ready for a complete modern repositioning. Originally set up for 5 lots. The owner did not complete the 5th addition. Septic and site plans for the 5th lot are in place. 4 lots already have old mobiles on them and need to be removed. Property is ideal for used mobiles, and surrounded by a bustling rental market with market rents between $1k to $1200 per month for 2 and 3 bedroom mobile homes. With those numbers this property post full renovation could gross $5k to $6k monthly! This is an excellent opportunity for experienced MHP owners to grab a small yet powerful value add for their portfolio. Disclaimer: All statements made in regards to potential profitability are based solely upon the specific use of said property. The listing agent gives no guarantees as to the aforementioned potential of said property. All potential buyers should practice due diligence in any/all real estate purchases.

Additional Information

Foundation
Other - See Remarks
Exterior Finish
Other - See Remarks
Elementary School
Fairview Heights
Middle School
Monroe
High School
Richmond
Parking
Other - See Remarks
Special Conditions
None
Water
County Water
Construction
Manufactured
Heating
None

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