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417 Masontown Road

Newport, NC 28570
  • $494,900
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 10163545
UPDATED: 61 min ago
$494,900
  • 0
    BEDS
  • 5.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,304
    SQFT
  • $380
    $/SQFT
Type:
Commercial
Built:
1956
County:
Area:

School Ratings & Info

Triangle MLS logoListing courtesy of RE/MAX EXECUTIVE: .
© 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.

Description

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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Triangle MLS logo©2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-05-12T19:51:15.44.
www.nccoastalrealestate.com/homes/175934380
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417 Masontown Road Newport, NC 28570

  • Price: $494,900
  • Status: Active
  • On Site: 12 Days
  • Updated: 61 min ago
  • MLS #: 10163545
0
Beds
0
Baths
0
½ Baths
5.28
Acres
1,304
SQFT
$380
$/SQFT
1956
Built
County:
Carteret
Area:
Newport
Property Description
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.
Exterior Features

Construction Materials Frame Pool Private YN No

Interior Features

Cooling YN Yes Heating YN Yes

Property Features

Lease Term Other New Construction YN No Property Sub Type Mobile Home Park Special Listing Conditions Standard Tax Annual Amount 1733.43



Triangle MLS logo©2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-05-12T19:51:15.44.
 
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The Legacy Team | Intracoastal Realty
119 Causeway Drive
Ocean Isle Beach NC, 28469
Triangle MLS logoListing courtesy of RE/MAX EXECUTIVE: .
© 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.