BEDS10
BATHS7 full
SQUARE FEET3,668
MLS#4293072
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Reduced $309,900. Located just south of Rutherford College & Valdese, this desirable investment property offers both immediate income & long-term potential. The property includes four well-maintained 1990s singlewide mobile homes, each thoughtfully updated by the current owner.These units currently generate $3,200/month ($38,400/year) in rental income, with room for increased returns. Recent improvements across the homes include: carpet, flooriing, paneling, paint, interior & exterior doors, vanities & toilets, water heaters & many appaliances.Each home is equipped with a heat pump, making them more attractive to quality tenants. The landlord currently handles lawn care, provides town water, & maintains a shared dumpster. Tenants are responsible for all other utilities. Each unit is on its own septic system.Set in a scenic location at the foot of Mineral Springs Mountain, just outside the town limits.Properties are tenant occupied. Please allow at least 24 hours for showings. The landlord will ask a tenant or 2 to accommodate showings. Additional units may be shown to serious, qualified buyers.Landlord is looking to retire.
Property Features
Property Type: Multi Unit - Multiple
Heating: Heat Pump
Lot Size: 1.27 Acres
Year Built: 1991
Feature Descriptions
Appliances: Electric Range, Refrigerator
Days on Site: 242
Exterior: Aluminum, Metal
Flooring: Carpet, Laminate, Vinyl
Foundation: Other - See Remarks
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Level, Open Lot, Views
Parcel#: 2742-99-1529
Parking: Driveway
Pets Allowed: Yes
Sewer: Septic Installed
Special View Info: Mountain(s)
Units: 4
Utilities: Cable Available, Wired Internet Available
Water: City
Local Schools
High School: Jimmy C Draughn
Middle School: Heritage
Elementary School: Valdese
Listed By / Shown By
Listed By
Agency Name: C Shane Cook & Associates
Agency Contact: cshanecook@yahoo.com
Shown By
Agent Name: Ed Cashwell
Agent Phone: Cell: (781) 720-9444
Agency Title: Lake Norman Realty
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 InsuranceChange Payment Information
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5929 Mourglea Avenue | MLS# 4293072
This multi-family property located at 5929 Mourglea Avenue, Connelly Springs, NC 28612 is currently listed for sale with an asking price of call for price. Search Connelly Springs real estate on edc.lakenormanrealty.com today.