5929 Mourglea Avenue
Connelly Springs, NC, 28612 $ 290,000
Bedrooms9 Baths7.0 Sq 3,668 Monthly Estimate*
$ 2,003
Single Family Home for sale in Connelly Springs, NC
for $290,000 with 9 bedrooms and 7 full baths. This 3,668 square foot home was built in 1991 on a lot size of 1.17.
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.
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FeaturesGeneralLiving Area 3668
Sewer Septic Installed
Heating Heat Pump
Cooling Heat Pump
Appliances Electric Range Refrigerator
Construction Materials Metal
Pets Allowed No
Year Built 1991
Tenant Pays Cable TV Electricity Exterior Maintenance Gas Internet Outdoor Lighting Other
Property Subtype Portfolio
Parcel Number 2742991529
County Burke
New Construction N
Property Type Residential Income
HOA N
Subdivision Name None
Garage Y/N N
Full Baths 7
High School Jimmy C Draughn
City Connelly Springs
Senior Community Y/N N
Number Of Units Total 4
Lot Size Units Acres
Carport Y/N N
Elementary School Valdese
Middle/Junior High School Unspecified
Additional Parcels Y/N N
Standard Status Active
Construction Type Manufactured
Tax Assessed Value 42175
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ExteriorParking Features Driveway
Water Source City
Lot Size Area 1.17
Foundation Details Other - See Remarks
Building Area Total 3668
Road Surface Type Gravel Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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InteriorBasement (Y/N) N
Above Grade Finished Area 3668
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 9
Below Grade Finished Area 0
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* Excluded FeaturesList ByC. Rice And Associates LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,003
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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
2835912 Middle School
Jimmy C Draughn High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/10/2026 | $290,000 | -6.45% | Price Down |
| 7/7/2026 | $310,000 | -1.59% | Price Down |
| 6/4/2026 | $315,000 | | Listed Price |