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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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417 Masontown Rd , Newport, NC 28570
$480,000
Est. Payment: $1,066.67/mo
0 Bed
0 Bath
1304 Sqft
Status: Pending | Days on site: 76
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T292 - purvisjam,purvisjam
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Jamie Purvis , 704-707-6268 RE/MAX EXECUTIVE , 919-828-1830.

Property Type

Commercial Sale
Lot/Acreage
5.28

Year Built

1956

County

Carteret

Listing ID

10163545

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Lot Dimensions:irregular
Principal Interest
$1,067
Taxes
$144

Home Price

$480,000

Loan Details

30 yrs
%

Down Payment

20%
$96,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,066.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,066.67 $144.45 $0.00 $1,211.12
Yearly $12,800.00 $1,733.43 $0.00 $14,533.43
Total $384,000.00 $52,002.90 $0.00 $436,002.90

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Newport, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.