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Excellent opportunity to acquire a fully rented four-property...

  Ad # 6794473
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$450,000  For Sale
MLS # 100538455

198 Sycamore Road lot: 227

Southport, North Carolina 28461
Brunswick
Golf Course: 
The Lakes Country Club
Type Lot
Beds 0
Baths 0.0
Sq Feet 924
Year Built 1985
Acres 0.230 
Lot Dimensions
 
On Golf Course? Yes
Golf View? No
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Excellent opportunity to acquire a fully rented four-property portfolio in Boiling Spring Lakes, NC. All four properties are manufactured homes taxed as real property, offering a combined monthly rental income of $4,600 (annual gross income of $55,200). The portfolio includes: 281 Holly Dr (PID 142GF01912): 3 BR / 1.5 BA - Rented for $1,200/mo; 198 Sycamore Rd (PID 142GH001): 2 BR / 1.5 BA - Rented for $1,200/mo; 53 Elm St (PID 142JE003): 2 BR / 2 BA - Rented for $1,200/mo; 69 Elm St (142JE00403): 2 BR / 1 BA - Rented for $1,000/mo. Each home is individually listed on the residential MLS but being sold together as a package. Tenants are in place, providing immediate cash flow and low turnover risk. Boiling Spring Lakes is a growing community offering desirable amenities such as a community center, multiple parks, boat and kayak launches, walking trails, a public golf course, and more, supporting strong rental demand and long-term investment stability. This portfolio represents a turnkey, income-producing opportunity with consistent performance and upside potential in one of Brunswick County's most affordable and accessible rental markets.

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Stories: 
Fireplaces: 
Heat/AC:  Heat Pump (Heating), Electric (Heating)
Siding:  Aluminum Siding
Garage:  Off Street, Paved or Surfaced
Roof:  Membrane
Yard: 
Utilities: 
Property Taxes:  211
Community:  Boiling Spring Lakes
  Contact Information:
Taylor L Pulliam
View other listings (4 total)
Salt and Stone Property Group
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+1 252-384-8001
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   Ad Statistics:
 Ad Number: 6794473
 Viewed: 4 times
 Added on: Nov 03, 2025
 Updated on: Nov 03, 2025
Property courtesy of LHUB

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