Description
This unique Newcastle property offers more than just a home--it's a rare investment opportunity with incredible upside. Situated on approximately 8 acres, the property presents strong potential for a mobile home park with space for up to 30 units, creating a compelling income-producing scenario. The existing home could serve as a property manager residence or owner-occupied base while developing the site. In addition to its income potential, the property includes a 3-bedroom, 2-bath home with 1,740 sq ft and a massive 2,520 sq ft detached shop--ideal for operations, storage, or business use. Recent updates such as fresh paint, new carpet, roof improvements, and upcoming new windows add even more value.
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3BEDS
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8.08ACRES
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2BATHS
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01/2 BATHS
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1,740SQFT
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$273$/SQFT
School Ratings & Info
Description
This unique Newcastle property offers more than just a home--it's a rare investment opportunity with incredible upside. Situated on approximately 8 acres, the property presents strong potential for a mobile home park with space for up to 30 units, creating a compelling income-producing scenario. The existing home could serve as a property manager residence or owner-occupied base while developing the site. In addition to its income potential, the property includes a 3-bedroom, 2-bath home with 1,740 sq ft and a massive 2,520 sq ft detached shop--ideal for operations, storage, or business use. Recent updates such as fresh paint, new carpet, roof improvements, and upcoming new windows add even more value.