Wow, real estate at 14 times gross income, with very low expenses! Rental of 7 mobile home lots: $27,084 per year Lower maintenance costs, unlike traditional rental buildings, mobile home parks generally require less maintenance. Tenants are responsible for the upkeep of their own homes. The investor only needs to handle common services, such as septic tank pumping or road maintenance. Therefore, there are no expenses related to window replacements, balconies, roofs, or repairing damaged units. High profitability since all mobile homes are owned by the tenants, they do not risk losing their homes. This ensures that rents are always paid without loss. In case of unpaid rent, the amounts are usually settled during the sale of the mobile home. Insurance premium: only $640 per year. Connected to the city water supply Please note that the negotiation margin is low.
City: North Dundas
Located at 12170 County 3 Road , this North Dundas house was listed for $379,900. It has 0 bedrooms and 0 bathrooms. The property's amenities include School Bus Route. The property includes the following rooms: . This property comes with 12 parking spots.
MLS#: undefined · $379,900 · 0 bedroom house in North Dundas