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
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Address: 5929 Mourglea Avenue
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City: Connelly Springs
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State/county: NC
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Zip/Postal Code: 28612
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Area: NONE
Details
Updated on January 7, 2026 at 5:03 pm-
Property ID 4293072
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Price $309,900
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Property Size 3668 m²
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Bedrooms 10
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Bathrooms 7
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Garage Size x x
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Year Built 1991
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Property Type Fourplex, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Other - See Remarks
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Utilities Cable Available,Wired Internet Available
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Sewer Septic Installed
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Cooling Heat Pump
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Heating Heat Pump
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Flooring Carpet,Laminate,Vinyl
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County Burke
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Property Type Residential Income
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Parking Driveway
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Elementary School Valdese
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Middle School Heritage
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High School Jimmy C Draughn
Features
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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