$490,000

5929 Mourglea Avenue

Connelly Springs, NC 28612 Residential Multi Unit
MLS#: 4092082 12 beds, bath(s)
Status: Active
Offered By:

RE/MAX Legendary

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Details

Type
Portfolio 
Status
Active 
Lot Size
1.2700 
Subdivision
 
Elementary School
Valdese 
Middle School
Heritage 
High School
Jimmy C Draughn 
Buyer Agency Compensation¹
3 %
Sub Agency Compensation¹
3 %
Appliances
Electric Range, Refrigerator 
Cooling
Central Air 
Heating
Central 
Exterior
Aluminum, Metal 
Water
City Water 
Year Built
1997 
Driveway
Gravel 
Laundry Location
In Hall 
Parking
Parking Space(s) 
Lot Description
 
¹ = The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property Description

One house and four mobile homes, all rents are currently below the market norm! Owner (75) is retiring! The owner has remodeled 3/4 of the mobile homes from front to back with rugs, flooring, new paneling, all new paint, new exterior and interior doors, new bathroom vanities, toilets, new water heaters, new heat pumps, HVAC's, 4 units have new refrigerators, 3 unit have new stoves & hood, and more!! Too much to list!! The owner has easily invested $28,000-$32,000 in the 2.5 years, he has owned the properties!! The home on the property will be getting a new roof in about 3 weeks, sometime in June 2024!! This is a great investment opportunity!! The multi-unit consists of 5 homes with rental income of $3625/month. Each single-wide has its own septic tank!

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