Listed price in listed location currency (USD).
$480,000

000

MLS® 4377988

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 1304 sqft
Garage 
Taxes 
Days Active 61
Lot Size 5.28 Acres
Approx. Age 1956
Avg. Price Per Sqft $368
MLS® Number 4377988

Property Address: 417 Masontown Rd, Newport, NC, 28570-7000

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number4377988
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1956
Basement
DrivewayDriveway
Garage Spaces
HeatCentral
A/COther - See Remarks

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Jun 17, 2026List Date
$480,000List Price
-End Date
-Sold Price

Pending

Apr 29, 2026List Date
$480,000List Price
  • Commute

Commute

Starting Address
Destination Address
417 Masontown Rd, Newport, NC

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