5929 Mourglea Ave Connelly Springs, NC 28612  | Multi Family
1 / 11

$320,000

5929 Mourglea Ave Connelly Springs, NC 28612
10
Bedrooms
7
Bathrooms
1
Acres
1991
Year Built
Multi Family
Property Type
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About This Home

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.

Location

5929 Mourglea Ave Connelly Springs, NC 28612

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Listing Agent

Shane Cook

Shane Cook

C Shane Cook & Associates Real Estate

(103 reviews)
Avg Price Sold$243.9K
Years Experience23
Total Transactions228