5929 & 5932 Mourglea Avenue, Connelly Springs, NC 28612

$475,000
12
BD
3,668
SqFt

Listing courtesy of RE/MAX Legendary. lindsayphilyaw@gmail.com

List Price
$475,000
Status
ACTIVE
MLS
4152122
Beds
12
Full Baths
8
County
Burke
Type
Multifamily
Year Built
1994

Property Description

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 single family home has a NEW ROOF AS OF 6/2024. This is a excellent investment opportunity!! The multi-unit consists of 5 homes with rental income of $3625/month. 3/5 leases are now up and renting month to month!!! This is a must see property!! Owner has maintained all units!! BRING ALL OFFERS!!!!!

Additional Information

Subtype
Residential Income
Living Area
3,668
Elementary School
Valdese
Middle School
Heritage
High School
Jimmy C Draughn
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.
Roof
Shingle
Foundation
Other - See Remarks
Water
City
Sewer
Septic Installed
Appliances
Electric Range, Refrigerator
Driveway
Gravel, Paved
Cooling
Central Air
Water
City
Sewer
Septic Installed
Foundation
Other - See Remarks
Roof
Shingle

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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