53 Elm Street

Great addition to any rental portfolio! This 2-bedroom, 1.5-bath manufactured home (taxed as real property) is currently rented for $1,200/month and part of a four-property investment package producing $4,600/month total. While listed separately, the properties are being sold together as one package for $450,000. Located in Boiling Spring Lakes, a growing area with parks, recreation areas, and a public golf course, this property offers investors a proven income stream in a desirable rental market.. Dam restoration project slated for completion in 2027 to restore the area lakes.

Other properties included in the package are 198 Sycamore Rd , 69 Elm St, and 281 Holly Dr.

2
beds

2
baths

924 Sq.Ft. LIVING AREA

10,367 Sq.Ft. lot

Features & Amenities

Interior

total bedrooms2
Total bathrooms2
full bathrooms2
Flooring LVT/LVP, Carpet
Fireplace None
other interior Features Ceiling Fan(s)

Area & Lot

Status For Sale
Living Area924 Sq.Ft.
Total Area924 Sq.Ft.
Lot Area10,367 Sq.Ft.
MLS® ID100538460
TypeManufactured-Mobile
YEAR BUILT1993
Elementary SchoolBolivia
Middle SchoolSouth Brunswick
High SchoolSouth Brunswick
School DistrictBrunswick County Schools

Exterior

STORIES1
water SourceMunicipal Water
utilitiesSewer Connected, Water Connected
roofMembrane
parkingUnpaved, Off Street
HEAT TYPEElectric, Heat Pump
AIR CONDITIONINGCentral Air
sewerSeptic Tank
SubstructurePermanent
security FeaturesSmoke Detector(s)

Financial

Sales Price$118,000
Real Estate Tax $311/yr
Zoning Bs-R-5

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53 Elm Street

$118,000

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

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The Chris Luther Real Estate Team

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