$ 499,000
417 Masontown RD Newport, NC 28570
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$ 499,000
Est. payment | /mo
5.28 Acres Lot
$ 499,000
Est. payment | /mo
5.28 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100425336
HOA Y/N No
Originating Board North Carolina Regional MLS
Lot Size 5.280 Acres
Acres 5.28
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.
Location Details Mainland
Exterior
Waterfront No
Building
Water Well
Schools
Elementary Schools Newport
Middle Schools Newport
High Schools West Carteret
Others
Tax ID 633919506295000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Listed by Realty ONE Group East
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Nolan Payne
Owner/Broker In Charge | License ID: 267841