About This Home

This 10-bedroom, 1-bathroom residential multi family at 3686 Cook Road W in Valdese, NC is listed for $325,000. on a 2.44 acres lot.

Key Features

  • 2.44 acre lot

Property Details

5 full
Listing Description

Price Reduced! 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

Monthly Cost Estimate

$1,738/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95

Estimates only. Actual payments may vary.

Location

3686 Cook Road W

Valdese, NC 28690

Property Details

Construction

Aluminum

Parking

Driveway

Heating

Electric (Heating)

Cooling

Electric

Questions & Answers

This 10-bedroom, 1-bathroom residential multi family at 3686 Cook Road W is listed at $325,000. The estimated monthly payment is $1,738 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 2.44 acre lot.

This property is listed by Allen Curtis.

AC

Allen Curtis

Agent at C Shane Cook & Associates

Listed by C Shane Cook & Associates · Broker phone: (828) 443-3205 · View on Broker Site · Broker website

MLS# 4419474· Source: Canopy MLS· 60 days on PropertySimple

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3686 Cook Road W, Valdese, NC 28690

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