417 Masontown RD, Newport, NC 28570
417 Masontown RD, Newport, NC 28570
417 Masontown RD, Newport, NC 28570
417 Masontown RD, Newport, NC 28570
417 Masontown RD, Newport, NC 28570
417 Masontown RD, Newport, NC 28570
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Shenandoah Nieuwsma, PhD

Shenandoah Nieuwsma, PhD

+1(919) 428-3552
Listed by RE/MAX EXECUTIVE
$ 480,000
Est. payment | /mo

1,304 SqFt


Save
$ 480,000
Est. payment | /mo
Save

1,304 SqFt

Key Details

Property Type Mobile Home, Commercial

Sub Type Mobile Home Park

Listing Status Pending

Purchase Type For Sale

Square Footage 1,304 sqft

Price per Sqft $368

MLS Listing ID 10163545

HOA Y/N No

Year Built 1956

Annual Tax Amount $1,733

Lot Size 1,304 Sqft

Acres 5.28

Lot Dimensions irregular

Property Sub-Type Mobile Home Park

Source Doorify MLS

Land Area 1304

Property Description

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.

Location

State NC

County Carteret

Area 5.28

Interior

Fireplace No

Exterior

Garage No

Building

New Construction No

Others

Tax ID 633919506295000

Acceptable Financing Cash

Listing Terms Cash

Doorify MLS

Nearby Locations

Shenandoah Nieuwsma, PhD

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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417 Masontown RD