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Franklin Bellamy

franklin@unlockingre.com +1(704) 904-5142

$ 315,000

Est. payment -/mo

Save

Active

5929 Mourglea AVE Connelly Springs, NC 28612

9 Beds

7 Baths

3,668 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Portfolio

Listing Status Active

Purchase Type For Sale

Square Footage 3,668 sqft

Price per Sqft $85

MLS Listing ID 4386327

Bedrooms 9

Full Baths 7

Abv Grd Liv Area 3,668

Year Built 1991

Lot Size 1.170 Acres

Acres 1.17

Property Sub-Type Portfolio

Property Description

Located just south of Rutherford College & Valdese, this desirable investment property offers both immediate income & long-term potential. The property includes four well-maintained 1990s singlewide mobile homes, each thoughtfully updated by the current owner. These units currently generate $3,200/month ($38,400/year) in rental income, with room for increased returns. Recent improvements across the homes include: carpet, flooring, paneling, paint, interior & exterior doors, vanities & toilets, water heaters & many appliances. Each home is equipped with a heat pump, making them more attractive to quality tenants. The landlord currently handles lawn care, provides town water, & maintains a shared dumpster. Tenants are responsible for all other utilities. Each unit is on its own septic system. Set in a scenic location at the foot of Mineral Springs Mountain, just outside the town limits. Properties are tenant occupied. Please allow at least 24 hours for showings. The landlord will ask a tenant or 2 to accommodate showings. Additional units may be shown to serious, qualified buyers.

Location

State NC

County Burke

Zoning R-3

Interior

Heating Heat Pump

Cooling Heat Pump

Appliance Electric Range, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Street Surface Gravel,Paved

Garage false

Building

Dwelling Type Manufactured

Foundation Other - See Remarks

Sewer Septic Installed

Water City

Structure Type Metal

New Construction false

Schools

Elementary Schools Valdese

Middle Schools Unspecified

High Schools Jimmy C Draughn

Others

Pets Allowed No

Senior Community false

Special Listing Condition None

Listed by Caleb Rice • C. Rice and Associates LLC • criceandassociates@gmail.com

NEARBY SCHOOLS & PROPERTIES

This is the second house that we've purchased using Franklin's services. We've enjoyed working with him both times. He truly tries to help you find exactly what you are looking for. Franklin is very dedicated to his customer's needs, attentive to details, extremely knowledgeable and has great work ethics. And overall Franklin is a good guy. If you need to buy or sell property with minimal stress, I strongly recommend you call Franklin. "-

Iryna T.

+1(704) 904-5142

franklin@unlockingre.com

1800 Central Ave, Charlotte, NC, 28205, USA