$705,000
SOLD FEB 14, 2025

145 Pineview Cir Wadesboro, NC 28170

17 Beds
-- Bath
6,601 Sq Ft
22 Acres

Recently Sold

$107 Per Sq Ft

12% Below List Price

233 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • Baseboard Heating

About This Home

As of February 2025

Attention investors! This 27-unit property with potential for expansion is an incredible opportunity for someone looking to start or expand their real estate investment portfolio. This mobile home park contains seven units that are park-owned and twenty units that are lot rent only. Per the current owner, they county will allow up to 30 homes in the park, so three additional income-producing properties could be added. All homes have access to county water. It is currently 96% occupied with only one current vacancy (lot rent only). Projected monthly income when all properties are rented is $9780.00. Owner is responsible for road and septic maintenance as well as trash pickup. The neighborhood is currently contracting for weekly trash pickup costing approximately $420/month. An appraisal was conducted on the property in 2022 and valued at the current list price of $800,000. Seller financing negotiable.

Last Agent to Sell the Property

Caty Edwards

Plank Road Realty Brokerage Email: caty@plankroadrealty.com License #316463

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Parking

  • Driveway

Interior Spaces

  • 17 Bedrooms
  • 6,601 Sq Ft Home
  • Crawl Space
  • Laundry Room

Utilities

  • Central Heating
  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for trash collection
  • Assessor Parcel Number 6463-04-60-9488-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1980
  • Road Surface Type: Dirt, Gravel
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: caty@plankroadrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Appliances: Other
  • Owner Pays: Trash Collection
  • Above Grade Finished Sq Ft: 6601
  • Basement YN: No
  • Total Bedrooms: 17
  • Living Area: 6601

Exterior Features

  • New Construction: No
  • Construction Type: Manufactured
  • Construction Type: Aluminum

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Baseboard, Central
  • Sewer: Septic Installed
  • Laundry Features: Inside
  • Cooling: Varies by Unit
  • Water Source: County Water

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 21.8
  • Lot Size Units: Acres
  • Parcel Number: 6463-04-60-9488-00
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 27

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $705,000 -6.0% $107 / Sq Ft
02/20/2024 02/20/24 Price Changed $750,000 -6.3% $114 / Sq Ft
01/04/2024 01/04/24 For Sale $800,000 -- $121 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4095585

Canopy MLS (Canopy Realtor® Association)