417 Mason Town Road, Newport, NC 28570
- $480,000
- 1,304
- SqFt
Listing courtesy of RE/MAX Executive. jamiepurvisrealtor@yahoo.com
- List Price
- $480,000
- MLS#
- 4377988
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 42
- Property Type
- Residential Income
- Year Built
- 1956
- Price Change
- ▼ $14,900 1783032443
- Lot Size
- 229,996
- Lot Size Area
- 5.28
- Living Area
- 1,304
- Sq Ft Total
- 1304
- County
- Carteret
- Special Conditions
- None
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.
Additional Information
- Equipment
- None
- Foundation
- None
- Laundry Location
- None
- Heating
- Central
- Water
- Well
- Sewer
- Septic Installed
- Exterior Construction
- Metal, Vinyl
- Parking
- Driveway
- Driveway
- Gravel
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- Total Property HLA
- 1304
Mortgage Calculator
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