5929 Mourglea Avenue
Connelly Springs, NC, 28612 $ 490,000
Bedrooms12 Baths8.0 Sq 3,668 Monthly Estimate*
$ 3,423
Multi-Family Home for sale in Connelly Springs, NC
for $490,000 with 12 bedrooms and 8 full baths. This 3,668 square foot home was built in 1997 on a lot size of 1.27.
**PRICE CHANGE DUE TO ADDING A 5TH PROPERTY TO THE LISTING!!!! 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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FeaturesGeneralSewer Septic Installed
Heating Central
Cooling Central Air
Appliances Electric Range Refrigerator
Construction Materials Aluminum Metal
Pets Allowed No
Year Built 1997
Tenant Pays Cable TV Electricity
Property SubType Portfolio
County Burke
New Construction N
Property Type Residential Income
Directions From Hickory take I-40 east to exit 113. Turn left onto Malcolm Blvd. Travel 0.5 miles and turn left onto Mourglea Avenue. The property will be 0.3 miles on your right.
High School Jimmy C Draughn
City Connelly Springs
Total Units 4
Street Name Mourglea
Elementary School Valdese
Middle/Junior High School Heritage
Standard Status Active
Construction Type Manufactured
Tax Assessed Value 42175
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ExteriorParking Features Parking Space(s)
Water Source City
Lot Size Area 1.27
Foundation Details Other - See Remarks
Building Area Total 3668
Road Surface Type Gravel
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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InteriorAbove Grade Finished Area 3668
Full Baths 8
Street Suffix Avenue
Laundry Features In Hall
Total Bedrooms 12
Below Grade Finished Area 0
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,423
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
2172571 Elementary School
419186 Middle School
Jimmy C Draughn High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/22/2024 | $355,000 | -2.74% | Price Down |
1/5/2024 | $365,000 | -2.67% | Price Down |
12/13/2023 | $375,000 | | Listed Price |