198 Sycamore Road
198 Sycamore Road
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For Sale

198 Sycamore Road

198 Sycamore Road, Southport, NC 28461

$450,000
Excellent opportunity to acquire a fully rented four-property portfolio in Boiling Spring Lakes, NC. All four properties are manufactured homes taxed as real property, offering a combined monthly rental income of $4,600 (annual gross income of $55,200). The portfolio includes: 281 Holly Dr (PID 142GF01912): 3 BR / 1.5 BA - Rented for $1,200/mo; 198 Sycamore Rd (PID 142GH001): 2 BR / 1.5 BA - Rented for $1,200/mo; 53 Elm St (PID 142JE003): 2 BR / 2 BA - Rented for $1,200/mo; 69 Elm St (142JE00403): 2 BR / 1 BA - Rented for $1,000/mo. Each home is individually listed on the residential MLS but being sold together as a package. Tenants are in place, providing immediate cash flow and low turnover risk. Boiling Spring Lakes is a growing community offering desirable amenities such as a community center, multiple parks, boat and kayak launches, walking trails, a public golf course, and more, supporting strong rental demand and long-term investment stability. This portfolio represents a turnkey, income-producing opportunity with consistent performance and upside potential in one of Brunswick County's most affordable and accessible rental markets.

924 Sq.Ft. LIVING AREA

10,237 Sq.Ft. lot

Features & Amenities

Interior

  • Flooring LVT/LVP, Carpet

Area & Lot

  • Status For Sale
  • Living Area924 Sq.Ft.
  • Total Area924 Sq.Ft.
  • Lot Area10,237 Sq.Ft.
  • MLS® ID100538455
  • TypeCommercial
  • YEAR BUILT1985

Exterior

  • water SourceMunicipal Water
  • roofMembrane
  • lot featuresSee Remarks
  • parkingUnpaved, Off Street
  • HEAT TYPEElectric, Heat Pump
  • AIR CONDITIONINGCentral Air
  • sewerSeptic Tank

Financial

  • Sales Price$450,000
  • Real Estate Tax $211/yr
  • Zoning Bs-R-5
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 198 Sycamore Road, Southport, NC 28461. We are reviewing your request and will be in touch shortly!

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