Scenic boone lakeLake viewsDeeded boone lake accessUpdated floorsNew appliancesRemodeled bathrooms
Don't miss this exceptional chance to acquire prime investment properties bundled together in a highly desirable Johnson City location with deeded Boone Lake access. This unique offering includes multiple income-generating properties on a combined 1.15 acres of mostly flat, developable land. 473 Rockingham Rd: Renovated 3BR/2BA doublewide mobile home (1,620 sq ft) on 0.53 acres. Features new appliances, updated floors, and remodeled bathrooms. Currently rents for $1,650/month. 457, 459, 463, 465 Rockingham Rd: A 4-space mobile home park. Units at 457 & 459 are rented singlewides generating $425/month each. Lots at 463 & 465 are vacant and ready for additional homes or development. 136 Snyder Dr: Charming 744 sq ft home on 0.16 acres with lake access, currently rented for $850/month. All properties are adjacent and overlook scenic Boone Lake. A private dock could easily be added, enhancing recreational appeal and long-term value. With strong rental income, development potential, and lake views, this versatile property is perfect for investors, developers, or anyone seeking a unique multi-use asset. Consider building townhomes, apartments, vacation rentals, or even a lakeside campground. The possibilities are endless!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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