5929 MOURGLEA AVE
CONNELLY SPRINGS, NC 28612

$490,000

12 Beds

8 Baths

3,668 Sq Ft

Status Active

MLS# 4092082

This property was first advertised as 4 units, and we have added another unit to the portfolio (reason for the price increase). FIVE TOTAL UNITS, a great INVESTMENT!! One house and four mobile homes, all rents are currently below the market norm! Owner (75) is retiring! The owner has remodeled 3/4 of the mobile homes from front to back with rugs, flooring, new paneling, all new paint, new exterior and interior doors, new bathroom vanities, toilets, new water heaters, new heat pumps, HVAC's, 4 units have new refrigerators, 3 unit have new stoves & hood, and more!! Too much to list!! The owner has easily invested $28,000-$32,000 in the 2.5 years, he has owned the properties!! The home on the property will be getting a new roof week of June 2 This is a great investment opportunity!! The multi-unit consists of 5 homes with rental income of $3625/month. Each single-wide has its own septic tank! All properties have been well maintained by the owner and the tenants!!

Details for 5929 MOURGLEA AVE

$134 / Sq Ft

0 parking spaces

Central

190 Days on website

1.27 acres lot

Interior

Appliances

Electric Range, Refrigerator

Bathrooms Full

Bathrooms Total

Bedrooms Total

Laundry Features

In Hall

Living Area

3,668 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1997

Exterior And Lot

Lot Size Acres

1.27

Lot Size Square Feet

55321

Lot Size Units

Acres

Parking Features

Parking Space(s)

Utilities

Cooling

["Central Air"]

Heating

Central

Area And Schools

City

Connelly Springs

County Or Parish

Burke

Elementary School

Valdese

High School

Jimmy C Draughn

Middle Or Junior School

Heritage

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office

RE/MAX Legendary, 828-855-1055

Updated

7:34pm UTC- 6/19/2024

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