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417 Mason Town Road, Newport, NC 28570

$494,900
  • 417 Mason Town Road, Newport, NC 28570 Main Photo

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Active
MLS#4376089
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Excellent opportunity to own a well-established mobile home park featuring 10 rental lots plus a stick-built home on-site. All 10 lots are currently rented, with some long-term tenants in place. Rents have been increased in Feb. 2025, so there is a potential for additional rent increases. Key improvements include well and pressure tanks replaced less than one year ago. The stick-built home features a new roof (2022) and a new bathtub (2023). While the home does require some interior remodeling, it presents a great value-add opportunity for additional income or future resale. The tenant in the stick-built home has been in place for 26 years. All septic tanks were emptied and inspected two years ago and found in good condition.

417 Mason Town Road | MLS# 4376089

This commercial property located at 417 Mason Town Road, Newport, NC 28570 is currently listed for sale with an asking price of $494,900. Search Newport real estate on www.lakenormanrealty.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 5.28 Acres
Year Built: 1956

Feature Descriptions

Days on Site: 50
Parcel#: 6339.19.50.6295000

Listed By / Shown By

Listed By

Agency Name: RE/MAX Executive
Agency Contact: jamiepurvisrealtor@yahoo.com

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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