$ 499,000
417 Masontown RD Newport, NC 28570
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 499,000
Est. payment /mo
Price Dropped by $100K
417 Masontown RD Newport, NC 28570
1,594 SqFt
UPDATED:
09/20/2024 09:35 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,594 sqft
Price per Sqft $313
Subdivision Not In Subdivision
MLS Listing ID 100425381
HOA Y/N No
Originating Board North Carolina Regional MLS
Year Built 1956
Lot Size 5.280 Acres
Acres 5.28
Lot Dimensions Irregular
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!
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!
Location
State NC
County Carteret
Community Not In Subdivision
Zoning Mobile Home Par
Direction From Hwy 70, turn south on Masontown Rd. On left.
Interior
Heating Electric
Building
Water Well
New Construction No
Others
Tax ID 633919506295000
Acceptable Financing 1031 Exchange, SBA, Cash, Conventional
Listing Terms 1031 Exchange, SBA, Cash, Conventional
Special Listing Condition None
Listed by Realty ONE Group East
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