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$1,500,000
Est. payment /mo
7.24 Acres Lot
UPDATED:
12/19/2024 08:34 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73318820
HOA Y/N false
Year Built 1987
Annual Tax Amount $13,960
Tax Year 2024
Lot Size 7.240 Acres
Acres 7.24
Property Description
This well-maintained mobile home park in Charlemont, MA, offers a unique investment opportunity with 25 fully-occupied mobile homes and a single-family residence, providing a reliable and consistent rental income stream. Each mobile home has its own lot, contributing to low vacancy rates and strong demand for affordable housing in the area. The single-family residence adds an additional source of income, whether used for owner occupancy or as a rental property.The property also holds significant potential for growth, with space available to add up to 6 more mobile homes, further increasing rental income and expanding the community. Situated in a desirable location with increasing demand for affordable housing, this property offers both immediate cash flow and future development opportunities. This mobile home park in Charlemont offers a stable income stream with the added potential for expansion, making it an excellent long-term investment.
Location
State MA
County Franklin
Zoning R1
Direction use gps
Exterior
Total Parking Spaces 26
Others
Senior Community false
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Listed by Gallagher Real Estate
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