Active
MLS# CAR4419474 · 0 days on market
3686 Cook Road
Valdese, NC 28690
$350,000
Beds10
Baths5
Sq Ft—
Lot2.44 ac
$/SqFt—
DOM0
Architectural Narrative
Discover the income-producing potential of 3686 Cook Rd W, Valdese, NC! Situated on approximately 2.44 acres, this established 5-unit mobile home park offers immediate rental income along with exciting possibilities for future growth.
Each of the five units features 2 bedrooms and 1 bathroom, with an average monthly rent of approximately $750 per unit—providing an estimated $3,750 in gross monthly rental income at full occupancy.
Each unit is separately metered for water and electricity, helping simplify utility management for the property owner. The property is currently configured with two units per septic system.
What really sets this investment apart is the potential for expansion. Approximately half of the 2.44-acre property remains undeveloped, creating the possibility for additional units or other future development, subject to county approvals, zoning, septic capacity, and other applicable requirements.
Whether you're looking to add an established income-producing property to your portfolio or searching for an investment with room to grow, 3686 Cook Rd W offers both current cash flow and future potential.
5 Rental Units • 2 BR / 1 BA Each • Approx. 2.44 Acres • Separately Metered Utilities • Approx. $3,750 Gross Monthly Rent at Full Occupancy • Potential for Additional Development
At a Glance
Bedrooms10
Full Baths5
Half Baths0
Property TypeFiveplex
Year Built9999
Community & Resources
County
Burke
NC · 28690
High School
Jimmy C Draughn
Assigned district
Middle School
Heritage
Assigned district
Elementary
Drexel
Assigned district
Tax Assessed
$175,571
County record
Property Facts
- Property Type
- Fiveplex
- Year Built
- 9999
- Full Bathrooms
- 5
- Lot Size
- 2.44 acres
- Zoning
- County R2
- Parcel #
- 2723611317
- Tax Assessed Value
- $175,571
Appliances
Other
Heating, Cooling & Utilities
- Heating
- Electric
- Cooling
- Electric
- Laundry
- Other - See Remarks
- Water Source
- Public
- Sewer
- Septic Installed
Exterior & Parking
- Construction
- Aluminum
- Foundation
- Crawl Space
- Parking
- Driveway
Gallery
Listing courtesy of C Shane Cook & Associates · Allen Curtis · Listed 08/31/2026
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3686 Cook Road
Valdese, NC · $350,000
