1067 N Franklin Road, Mount Airy, NC 27030

$190,000

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Sold Price
$190,000
List Price
$210,000
Closing Date
Feb 07, 2025
MLS#
1164777
Status
CLOSED
Type
Multifamily
Subtype
Remarks
Lot Size
100,187
Garage Spaces
2

Property Description

Charming 8-Lot Trailer Park with immediate upside potential. Welcome to a fantastic investment opportunity in the heart of Mount Airy! This 8-lot trailer park offers a blend of steady rental income and room for growth. Here's what makes this property a standout:1. 8 Spacious Lots: 5 lots are currently occupied with reliable tenants. 2. Vacant Potential: 3 vacant lots await new tenants or the installation of additional mobile homes to maximize your revenue. 3. A separate 2-bay garage is already rented, offering another income stream. Water hookups are available from the city. 4. Prime Location: this property is conveniently located near local amenities, schools, and highways. With a strong rental history and opportunities for expansion, this trailer park is a rare find. Whether you're a seasoned investor or looking to start your portfolio, this property offers the flexibility and potential you’re looking for. Don't miss out on this unique investment!

Additional Information

Acres
2.30
Built Information
Existing
Cooling Type
Window Unit(s)
Garage Description
Detached Garage
Heating
Wall Furnace, Electric
Heating Fuel
Electric
Lot Size
100,187
Parking
Carport, Driveway, Detached
Sewer
Shared Septic
Show Street Address
Yes
Water
Public, Shared Well
Water Heater
None
Year Built
1962

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Rogers Realty & Auction Co., Inc.. Contact:

Selling Office: Group3 Real Estate.