OWNER WILL FINANCE ON A LAND CONTRACT! IMMEDIATE CASH FLOW INVESTMENT PROPERTY! BUYER TO PAY $10,000 DOWN AT CLOSING. SELLER WILL FINANCE BALANCE OF $75,000 FOR 15 YEARS, 6% INTEREST, PRINCIPLE AND INTEREST PAYMENT OF $632.89 PER MONTH, PRINCIPLE & INTEREST. SELLER WILL EXECUTE WARRANTY DEED WHEN LOAN BALANCE HAS BEEN REDUCED BY $10,000. Well established mobile home park. Property consists of four mobile home spaces which rent for $150 per month, plus a 14' X 74' mobile home with 3 bedrooms and 2 baths which rents for $500 per month. Total monthly income is $1,100 per month. Each space is individually metered for electricity and water, with no utility cost for the owner. Simply buy the property, do nothing, and collect the monthly income. Addresses of all individual spaces are 1661, 1663, 1701, 1705 and 1706 Gap Creek Road. All info. taken from Tax Records. Buyer/Buyer's Agent to verify all.
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