109 Crosby Street, Walterboro, SC 29488

$527,000
9
BD
9
BA

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List Price
$527,000
Status
ACTIVE
Days on Market
561
Price Change
▼ $13,000 1780776726
MLS#
189231
Subtype
Residential
Style
Ranch
Year Built
1985
Bedrooms
9
Bathrooms
9
Full Baths
9
Lot Size
125,017
Acres
2.87
Subdivision
Adjacent Counties
MLS Area Major
Adjacent Counties

Property Description

Great investment property! A 10-pad mobile home park with 10 park-owned homes and 1 apartment. The additional 2 vacant lots can be subdivided/sold with TMS numbers. All pads have homes and are rented. The park has gravel roads, city water/sewer, and no common electric needs. The park is 1.45 acres and the 2 lots are .48 and .87 acres. All homes are park-owned and pay lot rent plus home rent. This is a safe investment for cash flow and forced appreciation. Market research shows limited rentals in this price range. City water/sewer keeps expenses low and improves bank financing. The park is well maintained and in good shape. The 2 parcels could be sold; market analysis shows they're worth $20K-$30K each. Owner is accepting all offers.

Additional Information

Taxes
$7,798
Property Description
Ranch
Zoning
Residential
Roof
Composition
Parking Features
None
View
Rural, Trees/Woods

Courtesy of ERA Southeast Coastal Real Est, from Lowcountry Regional MLS.

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This information is deemed reliable, but not guaranteed. Neither the Lowcountry Regional MLS, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Lowcountry Regional MLS for use by its members and is not intended for use for any other purpose.