$480,000
Est. Payment: $2,467/mo
Adjust down payment, rate & terms
417 Mason town Rd, Newport, NC 28570
Newport, NC 28570
0
bedrooms
0
baths
1,304
sq.ft.
$368
price per sf
Presented By
Carnarri Cofield
REALTOR®
About This Property
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.
About the Neighborhood
Looking for the perfect Residential Income in Newport? The 28570 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.
Property Features
Property Description
- Year Built: 1956
- Living Area: 1,304 sqft
- New Construction: No
- MLS #: 4377988
Association
- HOA Required: No
Interior Features
- Heating: Central
- Cooling: Other - See Remarks
- None
Appliances
- None
Construction Materials
- Metal
- Vinyl
- Foundation: None
Cooling
- Other - See Remarks
Foundation Details
- None
Heating
- Central
Laundry Features
- None
Parking Features
- Driveway
Pets Allowed
- Conditional
Road
- Road Responsibility: Private Maintained Road
- Road Surface Type: Gravel
Sewer
- Septic Installed
WaterSource
- Well
Location
LISTING COURTESY OF: RE/MAX EXECUTIVE
jamiepurvisrealtor@yahoo.com
$480,000
Est. Payment: $2,467/mo
Adjust down payment, rate & terms
Newport, NC 28570
0
bedrooms
0
baths
1,304
sq.ft.
$368
price per sf
Presented By
Carnarri Cofield
REALTOR®
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of RE/MAX Executive
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
$480,000
417 Mason town Road
0 bed, 0 bath