3686 Cook Road
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