Reduced $309,900. Located just south of Rutherford College & Valdese, this desirable investment property offers both immediate income & long-term potential. The property includes four well-maintained 1990s singlewide mobile homes, each thoughtfully updated by the current owner.
These units currently generate $3,200/month ($38,400/year) in rental income, with room for increased returns.
Recent improvements across the homes include: carpet, flooriing, paneling, paint, interior & exterior doors, vanities & toilets, water heaters & many appaliances.
Each home is equipped with a heat pump, making them more attractive to quality tenants. The landlord currently handles lawn care, provides town water, & maintains a shared dumpster. Tenants are responsible for all other utilities. Each unit is on its own septic system.
Set in a scenic location at the foot of Mineral Springs Mountain, just outside the town limits.
Properties are tenant occupied. Please allow at least 24 hours for showings. The landlord will ask a tenant or 2 to accommodate showings. Additional units may be shown to serious, qualified buyers.
Landlord is looking to retire.
Property Type(s):
Multi Family
|
Tract
|
None
|
Year Built
|
1991
|
|
Community
|
None
|
County
|
Burke
|
SCHOOLS
| Elementary School |
Valdese |
| Jr. High School |
Heritage |
| High School |
Jimmy C Draughn |
Additional Details
| AIR |
Heat Pump |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Range, Refrigerator |
| HEAT |
Heat Pump |
| LOT |
1.27 acre(s) |
| LOT DESCRIPTION |
Level, Open Lot, Views |
| LOT DIMENSIONS |
1.27 |
| MLS STATUS |
Active |
| PARKING |
Driveway |
| SEWER |
Septic Tank |
| SUBDIVISION |
None |
| UTILITIES |
Cable Available |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Mountain(s) |
Location
Listed with C Shane Cook & Associates
Date last updated: 1/11/26 9:09 AM PST
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This IDX solution is (c) Diverse Solutions 2026.
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