5929 Mourglea Avenue Connelly Springs, NC $ 355,000
5929 Mourglea Avenue
$ 355,000
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5929 Mourglea Avenue

Connelly Springs, NC, 28612
$ 355,000
Bedrooms10 Baths7.0 Sq 3,668

Monthly Estimate*

$ 2,480

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Multi-Family Home for sale in Connelly Springs, NC for $355,000 with 10 bedrooms and 7 full baths. This 3,668 square foot home was built in 1997 on a lot size of 1.27.

Owner is retiring!! The owner has invested $25-27k to fix and renovate 3/4 of the mobile homes. 3 of the units have new stoves, refrigerators, and carpets! 3 of the units have had bathroom renovations including, sinks, toilets, vanities, and faucets! All new paint throughout the units, ceiling lights, wood flooring, and new blinds! 3 of the units have new HVAC, 1 unit has a new heat pump and 1 unit has a new metal roof! One unit has new exterior paint, and new interior doors in 3 of the units, and 2 of the units have new exit doors!! The owner has power-washed all the decks! Two new hot water tanks! Too much to list!! A must-see!! This is a great investment opportunity!! The multi-unit consists of 4 am homes with rental income of $2775/month. Each single-wide has its own septic tank! With the purchase of the mobile home park, the home next door, 5934 Morglea Avenue currently listed at $150,000 can be purchased for $140,000 when purchasing with the mobile home park. MLS 4092073

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Multi-Family Active

Price

$ 355,000

Bedrooms

10

Full Bath

7

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

1.27

Year Built

1997

Town/City

Connelly Springs

County/Region

BURKE

MLS | Web ID

4092082

Features
General
Sewer Septic Installed
Heating Central
Cooling Central Air
Appliances Electric Range Refrigerator
Construction Materials Aluminum Metal
Pets Allowed No
Year Built 1997
Tenant Pays Cable TV Electricity
Property SubType Portfolio
County Burke
New Construction N
Property Type Residential Income
Directions From Hickory take I-40 east to exit 113. Turn left onto Malcolm Blvd. Travel 0.5 miles and turn left onto Mourglea Avenue. The property will be 0.3 miles on your right.
High School Jimmy C Draughn
City Connelly Springs
Total Units 4
Street Name Mourglea
Elementary School Valdese
Middle/Junior High School Heritage
Standard Status Active
Construction Type Manufactured
Tax Assessed Value 42175
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Exterior
Parking Features Parking Space(s)
Water Source City
Lot Size Area 1.27
Foundation Details Other - See Remarks
Building Area Total 3668
Road Surface Type Gravel
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Interior
Above Grade Finished Area 3668
Full Baths 7
Street Suffix Avenue
Laundry Features In Hall
Total Bedrooms 10
Below Grade Finished Area 0
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Internal Only
Street Number 1 5929
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* Excluded Features
List By
Re/Max Legendary

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$2,480
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,480
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2172571 Elementary School
419186 Middle School
Jimmy C Draughn High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2024$355,000 -2.74% Price Down
1/5/2024$365,000 -2.67% Price Down
12/13/2023$375,000 Listed Price

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5929 Mourglea Avenue, Connelly Springs, NC, 28612 is a Multi-Family Home for sale at $355,000 with 3,668 sqft and a lot size of 1.27. 5929 Mourglea Avenue has 10 bedrooms, 7.0 baths, and was built in 1997. The property's zip code is 28612 which is in Connelly Springs, NC