Price Reduction
Address
5929 Mourglea Avenue, Connelly Springs, NC
Price
$ 355,000
Property Attributes
  • ID#4092082
  • TypeMulti-Family
  • CountyBURKE
  • CityConnelly Springs
  • AreaBurke County
  • Zip28612
  • Style
  • Price$ 355,000
  • Bedrooms10
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage3668
  • Lot Size1.27 Acres
Data Source:
Canopy MLS
Property Description

Owner is retiring!! The owner has invested $25-27k to fix and renovate 3/4 of the mobile homes. 3 of the units have new stoves, refrigerators, and carpets! 3 of the units have had bathroom renovations including, sinks, toilets, vanities, and faucets! All new paint throughout the units, ceiling lights, wood flooring, and new blinds! 3 of the units have new HVAC, 1 unit has a new heat pump and 1 unit has a new metal roof! One unit has new exterior paint, and new interior doors in 3 of the units, and 2 of the units have new exit doors!! The owner has power-washed all the decks! Two new hot water tanks! Too much to list!! A must-see!! This is a great investment opportunity!! The multi-unit consists of 4 am homes with rental income of $2775/month. Each single-wide has its own septic tank! With the purchase of the mobile home park, the home next door, 5934 Morglea Avenue currently listed at $150,000 can be purchased for $140,000 when purchasing with the mobile home park. MLS 4092073

Elementary School Middle School High School
Valdese Elementary School Heritage Middle School Jimmy C Draughn High School
Price History
12/12/2023 Listed $375,000
1/5/2024 3% - $365,000
4/22/2024 3% - $355,000

General Features

Sewer 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 No
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
CAR_HOASubjectTo None
Construction Type Manufactured
Tax Assessed Value 42175

Interior Features

Above Grade Finished Area 3668
Full Baths 7
Street Suffix Avenue
Laundry Features In Hall
Total Bedrooms 10

Exterior Features

Parking 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 No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 28612

Price
AVG $360K
$360K
Visits
AVG 252
252
Data Provided by Inside Real Estate®
Year Built
AVG 1997
1997

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