$999,900
For Sale

1218 W Highview Lane

Lincolnton, NC 28092
Browse 22 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

Extremely unique investment opportunity awaits on W Highview Ln minutes from growing downtown Lincolnton!! This property includes 3 separate parcels (51604, 51605, 51606) which together are just shy of 10 acres. Zoned R-25 and a tiny portion of parcel 51606 is zoned GMC. Parcels will NOT be sold separately. There are 3 stick built homes that are currently rented, 3 stick built homes are vacant and in need of rehab. 2 mobile homes that are currently rented, and 5 mobile homes that are currently uninhabitable and likely would need to be removed which opens up the possibility for ground leasing for 4 of them or replacement. Homes are on a shared Community Well, aside from 1275 West Highview (the only home on its own parcel, 51605) which has its own well. There is also a city water tap available. All rents are below current market value. Only 1 has a written lease (trailer for $400). All others are verbal month to month. Please do not disturb tenants!

  • Property Details
      • AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
      • CoolingCeiling Fan(s), Central Air, Window Unit(s)
      • Cooling FeaturesCeiling Fan(s), Central Air, Window Unit(s)
      • Utility SourceCommunity Well, Other - See Remarks
      • FoundationCrawl Space, Pillar/Post/Pier
      • Parking FeaturesAttached Carport, Driveway
      • Sewer InformationSeptic Installed
      • Elementary SchoolS. Ray Lowder
      • Property TypeMulti-Family
      • Middle SchoolLincolnton
      • High SchoolLincolnton
      • Property SubtypePortfolio
      • Original List Price$999,900
      • CountyLincoln
      • MLS #4222447
      • MLS #4222447
      • Parking TypeGarage
      • Cost999900
      • Parcel Number51606
      • Square Feet5675
      • Year Built1956
      • PetsYes
      • Days on Market (Cumulative)10

Location

Kate Folkman | Homespun Investment Realty IncReal Estate Group

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