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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