$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
3.37 Acres Lot
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 1488648
Sold Date 03/10/23
HOA Y/N no
Annual Tax Amount $4,097
Lot Size 3.370 Acres
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
Area Other
Interior
Heating Electric
Cooling Electric
Fireplace No
Appliance Electric Water Heater
Exterior
Garage Other
Community Features None
Waterfront No
Roof Type Other
Parking Type Other
Building
Story 1
Foundation Crawl Space
Sewer Septic Tank
Water Public
Schools
Elementary Schools Goucher
Middle Schools Gaffney
High Schools Gaffney
Others
Acceptable Financing None
Listing Terms None
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Bought with Keller Williams Grv Upst