417 Masontown RD Active

Newport,NC 28570

$ 499000

- Bed

0 Bath

- SqFt


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!

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

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

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