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 Type: | Residential Income | Property Subtype : | Portfolio |
Year Built : | 1956 | Construction Type : | Manufactured,Site Built |
Lot Size : | 9.85 Acres | Living Area : | 5,675 sqft |
Based on information submitted to the MLS GRID as of 05-31-2025 01:00:04 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.