417 Masontown Road
$499,000
Description
417 Masontown Road,
Newport,
NC
28570
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 is an Active listing.
Broker Office Phone Number: 252-933-6225
Copyright © 2024Hive MLS / Neuse River Region Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Realty ONE Group East via Data Source: Hive MLS / Neuse River Region Association of REALTORS
Newport
Schools
Newport
Elementary
Newport
Middle
West Carteret
High
Price History
date | price | variance | type |
---|
9/20/2024 | $499,000 | 16.82 % | decreased |
2/1/2024 | $599,900 | - | Listed |
listing agent: Meg Underwood