Charlemont, MA 01339,280 Zoar Rd
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$ 1,500,000
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280 Zoar Rd Charlemont, MA 01339

7.24 Acres Lot


UPDATED:

12/19/2024 08:34 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73318820

HOA Y/N false

Year Built 1987

Annual Tax Amount $13,960

Tax Year 2024

Lot Size 7.240 Acres

Acres 7.24

Property Description

This well-maintained mobile home park in Charlemont, MA, offers a unique investment opportunity with 25 fully-occupied mobile homes and a single-family residence, providing a reliable and consistent rental income stream. Each mobile home has its own lot, contributing to low vacancy rates and strong demand for affordable housing in the area. The single-family residence adds an additional source of income, whether used for owner occupancy or as a rental property.The property also holds significant potential for growth, with space available to add up to 6 more mobile homes, further increasing rental income and expanding the community. Situated in a desirable location with increasing demand for affordable housing, this property offers both immediate cash flow and future development opportunities. This mobile home park in Charlemont offers a stable income stream with the added potential for expansion, making it an excellent long-term investment.

Location

State MA

County Franklin

Zoning R1

Direction use gps

Exterior

Total Parking Spaces 26

Others

Senior Community false


Listed by Gallagher Real Estate

John M Ross

Agent

+1(781) 205-2107

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280 Zoar Rd