Description
Portfolio of 8 houses, 2 duplexes, and 3 vacant lots all within blocks of each other in Spring Lake for $349,000. Currently total annual rental income is $52,800.00. Two houses are in disrepair and are not rented (305 Lee Street and 122 Lacock). The duplexes are 112-1, 112-2, 114-3, 114-4 Scarborough St. The house on 308 John Street sits on a large lot (.66ac) with potential to build more homes. Other houses are 303 and 307 Lee Steet, 109 and 111 Rupe Street and 102 Priddy Street. The vacant lots are 113 Rupe Street, the vacant lot beside 122 Lacock which is PIN #0501-56-8138, and the lot on Elizabeth Street zoned OI which is PIN# 0501-56-8794. All houses sold as is. No closing costs paid by seller. Appointments required to walk through houses.
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3BEDS
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N/AACRES
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1BATHS
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01/2 BATHS
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1-800SQFT
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$873$/SQFT
School Information
Courtesy of Franklin Johnson Commercial Real Estate.Description
Portfolio of 8 houses, 2 duplexes, and 3 vacant lots all within blocks of each other in Spring Lake for $349,000. Currently total annual rental income is $52,800.00. Two houses are in disrepair and are not rented (305 Lee Street and 122 Lacock). The duplexes are 112-1, 112-2, 114-3, 114-4 Scarborough St. The house on 308 John Street sits on a large lot (.66ac) with potential to build more homes. Other houses are 303 and 307 Lee Steet, 109 and 111 Rupe Street and 102 Priddy Street. The vacant lots are 113 Rupe Street, the vacant lot beside 122 Lacock which is PIN #0501-56-8138, and the lot on Elizabeth Street zoned OI which is PIN# 0501-56-8794. All houses sold as is. No closing costs paid by seller. Appointments required to walk through houses.
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