417 Mason Town Road, Newport, NC 28570

Newport
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
Listed by: jamie purvis
Office: re/max executive
MLS#:4377988
Source:CH
417 Mason Town Road,Newport, NC 28570
$480,000
  • - Beds
  • - Baths
  • 1,304 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$480,000
  • Price per sq. ft.:$368.1

About this home

Excellent opportunity to own a well-established mobile home park featuring 10 rental lots plus a stick-built home on-site. All 10 lots are currently rented, with some long-term tenants in place. Rents have been increased in Feb. 2025, so there is a potential for additional rent increases. Key improvements include well and pressure tanks replaced less than one year ago. The stick-built home features a new roof (2022) and a new bathtub (2023). While the home does require some interior remodeling, it presents a great value-add opportunity for additional income or future resale. The tenant in the stick-built home has been in place for 26 years. All septic tanks were emptied and inspected two years ago and found in good condition.

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Home facts

  • Year built:1956
  • Listing ID #:4377988
  • Updated:August 02, 2026 at 01:34 PM

Rooms and interior

  • Living area:1,304 sq. ft.

Heating and cooling

  • Cooling:Central Air

Structure and exterior

  • Year built:1956
  • Building area:1,304 sq. ft.
  • Lot area:5.28 Acres
  • Construction Materials:Metal, Vinyl

Schools

  • High school:Unspecified
  • Elementary school:Unspecified

Utilities

  • Water:Well
  • Sewer:Septic (At Site)

Finances and disclosures

  • Price:$480,000
  • Price per sq. ft.:$368.1

Parking

  • Parking description:Driveway
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