$427,500
$480,000
10.9%For more information regarding the value of a property, please contact us for a free consultation.
417 Mason town RD Newport, NC 28570
1,304 SqFt
Key Details
Sold Price $427,500
Property Type Single Family Home
Sub Type Portfolio
Listing Status Sold
Purchase Type For Sale
Square Footage 1,304 sqft
Price per Sqft $327
MLS Listing ID 4377988
Sold Date 10/30/26
Abv Grd Liv Area 1,304
Year Built 1956
Lot Size 5.280 Acres
Acres 5.28
Property Sub-Type Portfolio
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
Zoning R-20
Interior
Heating Central
Cooling Other - See Remarks
Appliance None
Laundry None
Exterior
Street Surface Gravel
Garage false
Building
Foundation None
Sewer Septic Installed
Water Well
Structure Type Metal,Vinyl
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Conditional
Senior Community false
Restrictions Other - See Remarks
Special Listing Condition None
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Jamie Purvis • RE/MAX Executive
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