48
  • Property Type
  • Fourplex, Residential Income
  • 10
  • Bedrooms
  • 7
  • Bathrooms
  • 3668 Sqft
  • Area Size
  • 1991
  • Year Built

5929 Mourglea Avenue, Connelly Springs, NC 28612

  • $309,900
  • $312,500

Description

Reduced $309,900. 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, flooriing, paneling, paint, interior & exterior doors, vanities & toilets, water heaters & many appaliances.
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.

Landlord is looking to retire.

  • Address: 5929 Mourglea Avenue
  • City: Connelly Springs
  • State/county: NC
  • Zip/Postal Code: 28612
  • Area: NONE

Details

Updated on January 7, 2026 at 5:03 pm
  • Property ID 4293072
  • Price $309,900
  • Property Size 3668 m²
  • Bedrooms 10
  • Bathrooms 7
  • Garage Size x x
  • Year Built 1991
  • Property Type Fourplex, Residential Income
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash,Other - See Remarks
  • Utilities Cable Available,Wired Internet Available
  • Sewer Septic Installed
  • Cooling Heat Pump
  • Heating Heat Pump
  • Flooring Carpet,Laminate,Vinyl
  • County Burke
  • Property Type Residential Income
  • Parking Driveway
  • Elementary School Valdese
  • Middle School Heritage
  • High School Jimmy C Draughn

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Contact Information

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The Simpson Group Realty
  • The Simpson Group Realty

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