BEDS0
BATHS
SQUARE FEET1,304
MLS#4377988
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Heating: Central
Lot Size: 5.28 Acres
Year Built: 1956
Feature Descriptions
Appliances: None
Days on Site: 2
Exterior: Metal, Vinyl
Foundation: None
Laundry: None
Parcel#: 6339.19.50.6295000
Parking: Driveway
Pets Allowed: Conditional
Sewer: Septic Installed
Units: 10
Water: Well
Local Schools
High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified
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
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
417 Mason Town Road | MLS# 4377988
This multi-family property located at 417 Mason Town Road , Newport, NC 28570 is currently listed for sale with an asking price of call for price. Search Newport real estate on www.lakenormanrealty.com today.