417 Masontown Road Newport, NC $ 480,000
417 Masontown Road
$ 480,000
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417 Masontown Road

Newport, NC, 28570
$ 480,000
Bedrooms-- Baths-- Sq 1,304

Monthly Estimate*

$ 3,315

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Commercial Property for sale in Newport, NC

for $480,000. This 1,304 square foot building was built in 1956 on a lot size of 5.28.

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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Commercial Pending

Price

$ 480,000

Property Type

Commercial

Taxes

$ 0

Style

Mobile Home Park

Lot Size

5.28

Year Built

1956

Town/City

Newport

County/Region

Carteret

MLS | Web ID

10163545

Features
General
Construction Materials Frame
Year Built 1956
Stories Count 1
Property Subtype Mobile Home Park
Business Type Mobile/Trailer Park
County Carteret
New Construction false
Property Type Commercial Sale
Status Pending
Directions US 258 S/US-70 E right onto Masontown Rd.
City Newport
Lot Size Units Acres
Lot Size Square Feet 229996
Tax Annual Amount 1733.43
Ok to Lease Other
Standard Status Pending
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Interior
Total Baths 0
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Exterior
Lot Size Area 5.28
Building Area Total 1304
Lot Dimensions irregular
Lot Size Acres 5.28
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* Excluded Features
List By
Jamie Purvis

Listing Agent

Re/Max Executive

Broker

jamiepurvisrealtor@yahoo.com

Email

Affordability Calculator

$3,315
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,315
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$480,000 Listed Price

Map


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417 Masontown Road, Newport, NC, 28570 is a Commercial Property for sale at $480,000 with 1,304 sqft and a lot size of 5.28. 417 Masontown Road was built in 1956. The property's zip code is 28570 which is in Newport, NC