198 Sycamore Road Southport, NC $ 450,000
198 Sycamore Road
$ 450,000
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198 Sycamore Road

Southport, NC, 28461
$ 450,000
Bedrooms-- Baths-- Sq 924

Monthly Estimate*

$ 2,807

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Commercial Property for sale in Southport, NC

for $450,000. This 924 square foot building was built in 1985 on a lot size of 0.23.

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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Commercial Pending

Price

$ 450,000

Property Type

Commercial

Taxes

$ 210

Style

Modular

Lot Size

0.23

Year Built

1985

Town/City

Southport

County/Region

Brunswick

MLS | Web ID

100538455

Features
General
Heating Electric Heat Pump
Cooling Central Air
Possession Subject To Tenant Rights
Roof Membrane
Zoning Bs-R-5
Construction Materials Aluminum Siding
Year Built 1985
Property Subtype Modular
Tax Year 2025
Current Use Manufactured Home Manufactured Home2
Taxes 210.51
Location Residential
Parcel Number 142gh001
Gross Income 55200.0
Business Type Other
County Brunswick
Insurance Expense 4235.0
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name Boiling Spring Lakes
Garage Y/N N
Status Pending
Directions 17s to 87s to Boiling Springs Lakes Take left onto E Boiling Spring Rd to Sycamore
City Southport
Lot Size Units Acres
Lot Size Square Feet 10237.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Availability Date 2025-10-28
Structure Type Steel Frame
Standard Status Pending
Tax Assessed Value 42050
Legal Description L-227 Ext 1 S-1 Bsl
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Interior
Flooring LVT/LVP Carpet
Water Heater Electric
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
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Exterior
Exterior Finish Aluminum Siding
Parking Features Unpaved Off Street
Lot Features See Remarks
Water Source Public
Lot Size Area 0.23
Spa N
Building Area Total 924
Lot Dimensions 70x149x69x148
Lot Size Acres 0.23
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 198
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* Excluded Features
List By
Taylor L Pulliam

Listing Agent

Salt And Stone Property Group

Broker

taylor@saltandstonenc.com

Email

Affordability Calculator

$2,825
Per Month
99%
1%
0%
Monthly Principal & Interest
$2,807
Monthly Property Taxes
$18
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2025$450,000 Listed Price

Map


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198 Sycamore Road, Southport, NC, 28461 is a Commercial Property for sale at $450,000 with 924 sqft and a lot size of 0.23. 198 Sycamore Road was built in 1985. The property's zip code is 28461 which is in Southport, NC