Extremely unique investment opportunity awaits on W Highview Ln minutes from growing downtown Lincolnton!! This property includes 3 separate parcels (51604, 51605, 51606) which together are just shy of 10 acres. Zoned R-25 and a tiny portion of parcel 51606 is zoned GMC. Parcels will NOT be sold separately. There are 3 stick built homes that are currently rented, 3 stick built homes are vacant and in need of rehab. 2 mobile homes that are currently rented, and 5 mobile homes that are currently uninhabitable and likely would need to be removed which opens up the possibility for ground leasing for 4 of them or replacement. Homes are on a shared Community Well, aside from 1275 West Highview (the only home on its own parcel, 51605) which has its own well. There is also a city water tap available. All rents are below current market value. Only 1 has a written lease (trailer for $400). All others are verbal month to month. Please do not disturb tenants!
Property Type(s):
Multi Family
|
Tract
|
None
|
Year Built
|
1956
|
|
Community
|
None
|
County
|
Lincoln
|
SCHOOLS
| Elementary School |
S. Ray Lowder |
| Jr. High School |
Lincolnton |
| High School |
Lincolnton |
Additional Details
| AIR |
Ceiling Fan(s), Central Air, Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator |
| BASEMENT |
Crawl Space |
| FIREPLACE |
Yes |
| HEAT |
Heat Pump |
| LOT |
9.85 acre(s) |
| MLS STATUS |
Active |
| PARKING |
Attached Carport, Driveway |
| SEWER |
Septic Tank |
| SUBDIVISION |
None |
Listed with EXP Realty LLC Ballantyne
Date last updated: 4/20/25 12:00 AM PDT
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