Turnkey Investment Opportunity! Creekside Mobile Home Park consists of 7 lots. This offers an excellent opportunity for experienced investors or new owners to the real estate market looking to capitalize on the growing demand for tenants and long-term stay options. This is a stable and consistent income stream and is a smart addition to your portfolio. Three (3) units are owned by owner with long term tenants. All of the units are in average to excellent condition. One of the key advantages is the low maintenance and expenses. This results in reduced ongoing maintenance and expenses for the landlord with minimal effort. Additionally, the units utilize public utilities, providing a more passive stream of income and ownership for the landlord. Electrical service has been updated. Tenants pay all their own utilities (sewer, water, gas & electric) and mow their own lawns; the Boro maintains the alley way drive. This is conveniently located for tenants seeking a tranquil place to call "home" and easy access to the City. Don't miss out on this incredible opportunity. The Seller pays $1,760 taxes per year for the three trailer/property insurance he owns. Two (2) trailers are owned by the tenants on the lot leaving two (2) vacant lots to be filled with newer homes to increase the value of the Park. The Sellers are NOT interested in doing owner financing. Trailers owned by property owner pays 600/600/700 per month. The other two trailers owned by the tenants pay 200/per month lot rent. Only expense for the owner is taxes and insurance, all other cost are on the tenant.
0.55 Private Acres Exterior Space
Commercial
$1,342 Annual Tax
MLS/Listing ID R1559712
1 Stories
7 Units
NANCY RATHBUN - 814-366-1740
Source of Data: NEW YORK STATE MLS