5929 Mourglea Avenue

5929 Mourglea Avenue

Connelly Springs, NC 28612
$320,000

  • Bedrooms: 10
  • Bathrooms:
  • Lot Size: 1.27 Acres
Description

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.

Property Summary
Property Type: Residential Income Property Subtype : Fourplex
Year Built : 1991 Construction Type : Manufactured
Lot Size : 1.27 Acres Living Area : 3,668 sqft
Property Features
  • Level
  • Open Lot
  • Views
Views
  • Mountain(s)
Appliances
  • Electric Range
  • Refrigerator
More Information
  • Construction : Aluminum, Metal
  • Parking : Driveway
  • Heating : Heat Pump
  • Cooling : Heat Pump
  • Water Source : City
  • Road : Publicly Maintained Road
  • Listing Terms : Cash, Other - See Remarks

Based on information submitted to the MLS GRID as of 08-18-2025 12:15:04 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By
C Shane Cook & Associates
Shane Cook
828-443-3205
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