$499,000
 $2,603 forsale estimated payment Sourced by Back At You

417 Masontown Road , Newport, NC 28570

Newport, NC 28570

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Description

Assumable Loan 5% with $139,000 balance. Mobile home park with 11 income-producing properties 10 income-producing mobile home lots plus 1 stick-built home with a long-term tenant on a 5.28 acre lot. This park is currently permitted for 10 lots, but its acreage offers an opportunity for growth! Lot rent for all homes is currently $400 a month. The stick-built home with a long-term tenant is currently paying $1000/month. New roof put on stick built home in 2022. This park offers tenants a quiet, private setting close to downtown Newport!

Details

Mls100425336
Listing TypeFor Sale
SubtypeResale
StatusActive
Days On Site310
Listing Provided ByRealty ONE Group East | Meg Underwood

Features

ZoningMobile Home Par
Acreage5.28

Market Activity 28570

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StateNC
CountyCarteret
CityNewport
Zip Code28570
AreaCarteret
Community NameNot In Subdivision
School DistrictWest Carteret
Elementary SchoolNewport
Middle SchoolNewport
High SchoolWest Carteret
Listing VS Median (in Not In Subdivision)
Price:
$499,000
low | high
Med:
$275,000
94.889779559118% of Average
On Site:
310
low | high
Med:
15.500000
100% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 6:11:57 AM PST