Courtesy of: Shane Cook, C Shane Cook & Associates, cshanecook@yahoo.com
Courtesy of: Shane Cook, C Shane Cook & Associates, cshanecook@yahoo.com
$312,500
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10 bed
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7.00 Bath (7 Full)
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Lot: 1.27 Acres
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Other
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$312,500
5929 Mourglea Avenue 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. Unit #1 is available for showings. Additional units may be shown to serious, qualified buyers. Landlord is looking to retire.
Courtesy of: Shane Cook, C Shane Cook & Associates, cshanecook@yahoo.com
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