Investment Opportunity: Dual-Income Property $200,000
|Investment Opportunity: Dual-Income Property
Discover this versatile property, offering a unique blend of income potential and rural charm. This 1.37-acre lot features a charming 2-story farmhouse and a renovated single-wide manufactured home.
Key Features:
Main House:
- 2-story farmhouse built in 1922
- 1,135 square feet of living space
- Large eat-in kitchen
- 3 bedrooms
- 1 full bathroom
- Updated flooring and fresh paint
Manufactured Home:
- 3 bedrooms
- 1 bathroom
- Currently rented for $650/month
Property Highlights:
- 1.37 acres of land
- Shared well and septic system
- Deeded right of way
- Partially wooded lot
- Potential for further development or expansion
Investment Potential:
- Rental Income: The current rental income from the manufactured home provides a steady cash flow.
- Long-Term Appreciation: The property’s location and potential for future development offer opportunities for long-term appreciation.
- Personal Use: The farmhouse can be used as a primary residence or a vacation home.
Please note: This property is a cash or conventional loan only. No drive-bys are allowed. Appointments only.
Don’t miss this rare opportunity to own a property with multiple income streams and significant potential. Schedule a viewing today to explore the possibilities.
If you’re interested in learning more about this unique property, please contact the listing agent through the Zillow link provided below the photos.
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From: Zillow
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