$370,000
$399,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
104 George Way Gaffney, SC 29341
21 Beds
3.37 Acres Lot
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 296471
Sold Date 03/10/23
Bedrooms 21
Construction Status 31-50
Annual Tax Amount $4,097
Tax Year 2022
Lot Size 3.370 Acres
Acres 3.37
Property Description
Fully rented income-producing Mobile Home Park on 3.37 Acres. Located near the Timken and Nestle plants and close to I-85. Park is on one parcel and contains 8 mobile homes, none older than 1993. There are three 2-Bedroom units and five 3-Bedroom units. Total annual income is currently $62,160 with room to increase. Each unit has its own septic, power and water and the tenant pays all utilities. Per the county, no additional septic tanks may be added to the property. Current owner has made over $20,000 in recent capital improvements. The park is managed by a property management company, so all tenants have been screened and maintenance/repairs are done by qualified individuals. Additional information and maintenance records available upon request. Interior showings only available during the Due Diligence period of a ratified contract.
Location
State SC
County Cherokee, Sc
Area Gaffney
Interior
Hot Water Electric
Heating Heat Pump
Cooling Heat Pump
Building
Sewer Septic Tank
Water Public Water
Level or Stories One
Construction Status 31-50
Schools
Elementary Schools 8-Goucher Elem
Middle Schools 8-Gaffney Middle
High Schools 8-Gaffney High
School District 8 (Outside Co)
Others
Acceptable Financing Other
Listing Terms Other
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Bought with KELLER WILLIAMS REALTY -G