1218 W Highview LN new Save Request In-Person Tour Request Virtual Tour
Lincolnton,NC 28092
Key Details
Property Type Single Family Home
Sub Type Portfolio
Listing Status Active
Purchase Type For Sale
Square Footage 5,675 sqft
Price per Sqft $133
MLS Listing ID 4293381
Bedrooms 13
Full Baths 6
Year Built 1956
Lot Size 9.850 Acres
Property Sub-Type Portfolio
Property Description
Exceptional investment opportunity just minutes from downtown Lincolnton! This unique portfolio features 12 total units across three separate parcels (51606, 51605, 51604), all situated on 9.85 private acres. Currently, six units are rented on month-to-month leases, consisting of four stick-built homes and two single-wide homes, providing immediate rental income. An additional six units, including four single-wides and two stick-built homes, are in need of repair/replacement before becoming habitable, offering strong potential for increased future revenue. The property is serviced by a shared community well, and a city water tap is also available, though it has never been used by the seller. With its mix of income-producing rentals, redevelopment possibilities, and convenient location close to Lincolnton amenities, this portfolio provides investors with significant upside. Please note: tenants are not to be disturbed, and all showings must be scheduled by appointment only.
Location
State NC
County Lincoln
Zoning GMC
Interior
Heating Electric,Heat Pump,Space Heater
Cooling Heat Pump,Wall Unit(s),Window Unit(s)
Laundry In Unit
Exterior
Exterior Feature Lawn Maintenance
Waterfront Description None
Roof Type Shingle,Fiberglass,Metal
Building
Dwelling Type Manufactured,Site Built
Foundation Crawl Space
Sewer Septic Installed
Water Shared Well
Structure Type Metal,Vinyl
New Construction false
Schools
Elementary Schools S. Ray Lowder
Middle Schools Lincolnton
High Schools Lincolnton
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Undisclosed,None