Investor special with potential ROI of 20%. Parcel with 2 mobile homes (lot is suited for 3 mobile homes) one is rented at $475 with stable long term tenant. Rent can easily go to $550-$600. The other is vacant and in need of some TLC. Should rent from $550-$600 for a total income of $1100 - $1200 per month. Solid return on investment. Do not disturb tenant. showings for occupied unit will be done after accepted offer. Vacant unit is available for showings through showing time. Mobile homes to be measured on 5/4 first mobile home (5623 Farran) is occupied. PLEASE DO NOT DISTURB TENANT. 2nd mobile home (5273 Farran) is vacant.
Off market
$208,400
5257 Farran Dr, Stanley, NC 28164
5beds
1,200sqft
Other
Built in 1953
-- sqft lot
$208,400 Zestimate®
$174/sqft
$1,194 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat pump, Electric
Appliances
- Included: Dishwasher
Interior area
- Total interior livable area: 1,200 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 0.53 Acres
Details
- Parcel number: 33918
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other
Condition
- Year built: 1953
Community & neighborhood
Location
- Region: Stanley
Other
Other facts
- Equipment: Range/Hood, Ceiling Fan(s), Electric Dryer Hookup, Disposal, CO Detector
- Heating: Central Air, Window Unit
- Tenant Pays: All Utilities
- Foundation Details: Crawl Space
- Water: Well
- Property Sub Type: Other
- Parking: On-Street Parking
- New Construction YN: N
- Construction Type: Manufactured
- MLS: Carolina MLS
- Laundry Location: Main
Services availability
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Estimated market value
$208,400