Size
-
Lot size
1 sqft
Street frontage
-
Possession
Flexible
Price per sqft
-
Taxes
$2,502 (2024)
Parking Type
-
Style
Other
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Description
Wow, real estate at 14 times gross income, with very low expenses! Rental of 7 mobile home lots: $27,084 per year Lower maintenance costs, unlike traditional rental buildings, mobile home parks generally require less maintenance. Tenants are responsible for the upkeep of their own homes. The investor only needs to handle common services, such as septic tank pumping or road maintenance. Therefore, there are no expenses related to window replacements, balconies, roofs, or repairing damaged units. High profitability since all mobile homes are owned by the tenants, they do not risk losing their homes. This ensures that rents are always paid without loss. In case of unpaid rent, the amounts are usually settled during the sale of the mobile home. Insurance premium: only $640 per year. Connected to the city water supply Please note that the negotiation margin is low.
Broker: ROYAL LEPAGE TEAM REALTY
MLS®#: X12149114
Property details
Parking:
12
Parking type:
-
Property type:
Multiplex
Heating type:
Other
Style:
Other
MLS Size:
0-700 sqft
Lot front:
299 Ft
Lot depth:
199 Ft
Listed on:
May 14, 2025
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Instant estimate:
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$19,855
lower than listed pricei
High
$383,177
Mid
$360,045
Low
$350,251
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