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134 Duncan Road

Hamlet NC 28345

3
2
980 sq. ft.
0.83 ac.
Single-Family
Currently for sale - view listing

Overview

BLANK SLATE MHP | HIGH-YIELD REAL ESTATE VALUE-ADD OPPORTUNITY! Located in the growth primed Richmond County corridor (Hamlet, NC), this Mobile Home Park sits ready for a complete modern repositioning. Originally set up for 5 lots. The owner did not complete the 5th addition. Septic and site plans for the 5th lot are in place. 4 lots already have old mobiles on them and need to be removed. Property is ideal for used mobiles, and surrounded by a bustling rental market with market rents between $1k to $1200 per month for 2 and 3 bedroom mobile homes. With those numbers this property post full renovation could gross $5k to $6k monthly! This is an excellent opportunity for experienced MHP owners to grab a small yet powerful value add for their portfolio. Disclaimer: All statements made in regards to potential profitability are based solely upon the specific use of said property. The listing agent gives no guarantees as to the aforementioned potential of said property. All potential buyers should practice due diligence in any/all real estate purchases.

Features

3 bedrooms
2 bathrooms
980 sq. ft. floor area
0.83 ac. lot size
Single-Family

Happy sellers in Hamlet

<50%
Less than 50% of sellers in Hamlet reported that their sale price either exceeded or met their price expectations.

Hamlet stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Hamlet over the last 12 months.

Local market activity for 3 bedroom single-family properties in Hamlet

In the last 12 months, 33 three-bedroom single-family properties similar to 134 Duncan Road, have been sold.

This represents a 28% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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