Rare investment opportunity to own a well-maintained 55+ mobile home community situated on 10 acres with 20 mobile home lots plus an updated Rancher with an In-Law Suite. This unique property offers multiple income streams with established lot rentals while also providing the option for owner occupancy or additional rental income from the rancher and outbuildings. Peaceful setting with ample open space, mature trees, and situated next to a park. The ranch home offers comfortable single-level living and is ideal for an onsite owner/operator, property manager, or supplemental income opportunity. The Rancher also features an In-Law Suite with a bedroom, full kitchen, living room, and it's own entrance. Conveniently located on Route 1 yet still peaceful/quiet and bordered by trees. Excellent opportunity for investors seeking stable cash flow, long-term growth potential, and a versatile income-producing property. Owner Financing Considered. Current Lot Rents $522.50/month. Property also includes multiple sheds/garages and a helicopter hangar.
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Listing Snapshot
Price
$1,950,000
Days On Site
137 Days
Bedrooms
N/A
Inside Area (SqFt)
2,900 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
10 Acres
Year Built
1974
MLS® Number
MDHR2055410
Status
Active Under Contract
Property Tax
$10,071
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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