This well-maintained mobile home park in Charlemont, MA, offers a unique investment opportunity with 25 fully-occupied mobile homes and a single-family residence, providing a reliable and consistent rental income stream. Each mobile home has its own lot, contributing to low vacancy rates and strong demand for affordable housing in the area. The single-family residence adds an additional source of income, whether used for owner occupancy or as a rental property.The property also holds significant potential for growth, with space available to add up to 6 more mobile homes, further increasing rental income and expanding the community. Situated in a desirable location with increasing demand for affordable housing, this property offers both immediate cash flow and future development opportunities. This mobile home park in Charlemont offers a stable income stream with the added potential for expansion, making it an excellent long-term investment.
MLS# | 73318820 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1987 |
Days On Site | 133 |
Listing Provided By | Gallagher Real Estate | The Homeworks Group |
Zoning | R1 |
---|---|
Acreage | 7.24 |
State | MA |
---|---|
County | Franklin |
City | Charlemont |
Zip Code | 01339 |
Area | Franklin |
Listing VS Median (In 01339) | |
Price: $1,500,000 low | high Med: $435,000 On site: 133 low | high Med: 309.000000 |