$205,000

Investment Opportunity: Fully Occupied doublewide mobile home with Long-Term Tenants! 🏡 Property Overview: • Spacious 28'x60' home with 3-5 bedrooms • Lease with tenants in place until October 1, 2025 • Current rent at $1,600/month • First & last months' rent already received • Built by Patriot Homes/Lincoln Park Homes Div. Shipsewana, IN • Completed on 07-26-1989 (Serial #LPP-2585 A/B) • HUD labels #NTA178904 & NTA178905 💎 Renovations & Features: • Recently renovated, ensuring a modern and attractive appeal • New well installed in summer 2019 • Upgraded 3-bedroom septic system with pump system installed in summer of 2019 unused until 10/22/2022 • 6' insulated slab foundation for enhanced durability • Hurricane tie-downs for added safety • Insulated skirting for improved energy efficiency • New plumbing & hot water tank in 2022 • Privately owned electric pole installed in 2019 • Forced hot air furnace replaced in 2021 • Metal roof installed in 2018 • Vinyl siding upgraded in 2021 🌳 Potential Upside: • 3-acre lot allows for additional rental unit or personal home construction • Birch stream runoff with year-round flowing water • Possibility of adding a duplex (subject to town approval) for owner-occupancy and additional rental income 📈 Investment Benefits: • Immediate income stream from long-term tenants • Property has been meticulously maintained and upgraded • Desirable location with potential for additional development • Strong rental market with future growth potential • Favorable lease terms until October 2025 🌟 Act Now: Don't miss out on this lucrative investment opportunity! Whether you're a seasoned investor or just starting out, this property offers a reliable income stream and potential for further expansion. Contact an agent today to arrange a viewing and explore the possibilities of this property. Invest in your future now!