1. North Carolina
  2. Connelly Springs
  3. 5929 Mourglea Avenue
$312,500

5929 Mourglea Avenue, Connelly Springs, NC 28612

  • 10 beds |
  • 7 baths |
  • 3,668 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1991
  • Property Lot Size Icon1.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $85/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Located just south of Rutherford College & Valdese, this desirable investment property offers both immediate income & long-term potential. The property includes four well-maintained 1990s singlewide mobile homes, each thoughtfully updated by the current owner. These units currently generate $3,200/month ($38,400/year) in rental income, with room for increased returns. Recent improvements across the homes include: carpet, flooriing, paneling, paint, interior & exterior doors, vanities & toilets, water heaters & many appaliances. Each home is equipped with a heat pump, making them more attractive to quality tenants. The landlord currently handles lawn care, provides town water, & maintains a shared dumpster. Tenants are responsible for all other utilities. Each unit is on its own septic system. Set in a scenic location at the foot of Mineral Springs Mountain, just outside the town limits. Unit #1 is available for showings. Additional units may be shown to serious, qualified buyers. Landlord is looking to retire.

Listing Status:
Active
Listing Office:
C Shane Cook & Associates : 828-437-7400
MLS ID:
4293072
  • Appliances: Electric RangeRefrigerator
  • Laundry: Electric Dryer HookupWasher Hookup
  • Flooring: CarpetLaminateVinyl
  • A/C: Heat Pump
  • Heating: Heat Pump
  • Parking: Driveway
  • General: ManufacturedOther - See Remarks
  • Road/Access: GravelPaved
  • Originating MLS: carolina
  • County: Burke
  • Zoning: R-32742-99-1529
  • View: Mountain(s)
  • Utilities: Cable AvailableWired Internet Available
  • Water: City
  • Sewer: Septic Installed
  • Source: carolina

This listing courtesy of C Shane Cook & Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Valdese Elementary School

298 Praley St NW, Valdese, NC, 28690

Grades PK-5

2.38 miles away

H

Heritage Middle School

1951 Enon Rd, Valdese, NC, 28690

Grades 6-8

3.53 miles away

J

Jimmy C. Draughn High School

709 Lovelady Rd NE, Valdese, NC, 28690

Grades 9-12

2.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.