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417 Masontown Road

Newport, NC 28570
  • $499,000
  • STATUS: Active
  • ON SITE: 314 Days
  • MLS #: 100425381
UPDATED: 78 min ago
$499,000
  • 0
    BEDS
  • 5.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,594
    SQFT
  • $313
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1956
County:
Area:

School Ratings & Info

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!

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Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-12-13T00:01:37.443.
www.vanceyoungwilmingtonhomes.com/homes/147222215
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417 Masontown Road Newport, NC 28570

  • Price: $499,000
  • Status: Active
  • On Site: 314 Days
  • Updated: 78 min ago
  • MLS #: 100425381
0
Beds
0
Baths
0
½ Baths
5.28
Acres
1,594
SQFT
$313
$/SQFT
1956
Built
Neighborhood:
Not In Subdivision
County:
Carteret
Area:
Newport
Property 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!
Exterior Features

Location Type Mainland Lot Dimensions Irregular

Interior Features

Sq Ft Total Available 1304.00

Property Features

City Limits No Cobra Zone No Hoa YN No New Construction No Sale Lease Includes Buildings Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2023 Terms 1031 ExchangeSeller FinancingSBAConventionalCash Water Sewer Well Water Zoning Mobile Home Par



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of Meg Underwood of Realty ONE Group East: .


Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-12-13T00:01:37.443.
 
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