Improved Mixed-Use Land for Sale in Newport, North Carolina

417 Masontown Rd Newport, NC 28570

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$499,000
5.28 acres
Active sale$101k dropEst $2,852/mo

Assumable Loan 5% with $139,000 balance. Mobile home park with 11 income-producing properties 10 income-producing mobile home lots plus 1 stick-built home with a long-term tenant on a 5.28 acre lot.

This park is currently permitted for 10 lots, but its acreage offers an opportunity for growth! Lot rent for all homes is currently $400 a month. The stick-built home with a long-term tenant is currently paying $1000/month. New roof put on stick built home in 2022. This park offers tenants a quiet, private setting close to downtown Newport!

1,594
Sq feet
1956
Built

Directions

From Hwy 70, turn south on Masontown Rd. On left.

Location

Street Address
417 Masontown Rd
Elevation
26 feet
Coordinates
34.8039, -76.8818

Property details

Zoning
Mobile Home Par
MLS Number
NRRAR 100425381
Date Posted

Parcels

  • 633919506295000

Legal description

This 5.28-acre property is located at 417 Masontown Rd in Newport, NC 28570 with latitude 34.8039 and longitude -76.8818. The property is currently available for sale for $499,000. It has a 1,594 sq ft structure built in 1956. Listing data is sourced from Hive MLS / Neuse River Region MLS # 100425381.

Verify sale details at the property source or contact Realty ONE Group East at (252) 229-9849.

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Copyright (C) 2024 Hive MLS / Neuse River Region Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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