Active

33 Main Street
Lewis Run, PA 16738

$249,000
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Property Description

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 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 have been updated. Tenants rent does not include public sewer / water, tenants pay all their own utilities 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 he owns. There are two tenant owned trailers on the lot leaving two vacant lots to be filled with newer homes to increase the value of the Park. Recently one of the tenants had removed their home. The Sellers are NOT interested in doing owner financing.

Details

Utilities: Sewer Connected, Water Connected
Heating: Gas, Forced Air
Lot Dimensions: 60 X340
Lot Size: 0.55
Roof: Metal, Shingle
Sewer: Public Sewer
Water: Public
Parking: Driveway