$199,000
MLS#: 1618858
- Type: Commercial
- Lot Size: 10.7 Acres
Property Details
Located at 15 Rock Maple Road in Harrington, Maine, this 10.7-acre mobile home park offers a great opportunity for income and expansion. The property includes nine lots in total—six with tenant-owned homes, one with a seller-owned home that conveys with the sale (currently rented at a higher rate to include both lot and home), and two vacant lots ready for new tenants. Lot rents are currently below market, allowing room for immediate upside. The cleared fields offer excellent potential for adding additional lots or even building a home to live onsite near your investment. A large barn on the property offers further potential and could be restored for storage, workshop space, or other uses. With strong income, space to grow, and a quiet rural setting, this property is ideal for investors looking to increase cash flow and long-term value. ~ 35K Income (current rates full) - ~ 9K expenses (utility/taxes/insurance/maintenance)
Property Listed by: EXP Realty
Map (approximate)