101 Teresa Lane, Bessemer City NC
- 8.4 ac
For Sale $249,900
Remarks:
Attractive investment opportunity offering immediate rental income and significant potential for future growth. This mobile home park features 10 total lots, with 5 currently occupied and 5 vacant, providing an opportunity to increase cash flow through additional units. Of the occupied sites, one mobile home is seller-owned and has recently been updated with new flooring and a replacement water heater. The roof was recoated in 2025, and the home currently rents for $450 per month. The remaining four occupied lots are tenant-owned mobile homes, each generating $275 per month in lot rent, providing consistent income with minimal property management responsibilities. With five additional vacant lots available, investors have the opportunity to add homes and increase the park's income potential. Whether you're looking to expand an existing portfolio or invest in an income producing property with room to grow, this property offers an attractive combination of current cash flow and future upside.
General Information:
| List Price: | $249,900 |
| Status: | For Sale |
| Type: | Portfolio |
| Parking: | Driveway |
| MLS Number: | CAR4441414 |
| Year Built: | 1997 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 11-09-2026 | Listed | $249,900 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Tryon Elementary School | 2 miles | PK-05 | 3 |
| Costner Elementary School | 4 miles | PK-05 | 5 |
| Carr Elementary School | 6 miles | PK-05 | 3 |
| Edward D Sadler Jr Elementary School | 7 miles | PK-05 | 1 |
| Love Memorial Elementary | 7 miles | PK-05 | 5 |
| Webb Street School | 7 miles | PK-05 | N/A |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 101 Teresa Lane, Bessemer City NC | 0 mi | $249,900 | days | |
| 2073 Mauney Road, Bessemer City NC | 0.7 mi | $535,000 | days | |
| 250 Henderson Road, Bessemer City NC | 0.7 mi | $680,000 | days | |
| 170 Ruthaven Drive, Bessemer City NC | 0.8 mi | $294,900 | days | |
| 1638 Bess Town Road, Bessemer City NC | 0.9 mi | $490,000 | days | |
| 119 Z A Hunter Road, Bessemer City NC | 1.2 mi | $115,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28016
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Dean Carpenters Real Estate Inc.
101 Teresa Lane, Bessemer City NC is a ft2 on a 8.370 acres Appraisal lot. This is for $249,900. This has bedrooms, baths, and was built in 1997.
Based on information submitted to the MLS GRID as of 2026-11-09 20:35:02 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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