403 S Carolina Ave, Carolina Beach, NC 28428

$525,000
2
BD
2
BA
816
SqFt

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List Price
$525,000
City
Carolina Beach
Status
PENDING
MLS#
100576103
Days on Market
52
Year Built
1988
Levels
Two
Bedrooms
2
Bathrooms
2
Full-baths
2
Living Area
816
Acres
0.12
Neighborhood
Wilmington Beach

Property Description

Duplex opportunity just 3 blocks from the beach with easy beach access. The lower unit has been a successful short-term rental for years, consistently producing around $25k during the summer season, while the upper unit--newer to the rental market--is showing stronger rental potential. Both units also offer the flexibility for monthly rentals during the off-season. Each level offers a 400 sq ft studio layout with a full kitchen, full bath, and storage space. Both units will convey fully furnished--making this a true turnkey investment opportunity. Situated on a 50x100 lot, the property also includes a storage shed, plenty of parking, and a small firepit area for outdoor enjoyment. The lot offers excellent future potential, including the opportunity to build a larger duplex or single family home with no restrictions. Purchase now, continue generating rental income, and hold as a long-term investment for the future in this desirable beach location. Rental history available upon request.

Additional Information

Available Amenities
None
Appliances
Washer, Refrigerator, Dryer, Electric Range
Interior Features
Vaulted/Cathedral Ceilings, High Ceilings, Second Kitchen, Ceiling Fans, Drapes/Blinds
Cooling
Window/Wall
Heating
Other, Electric
Foundation
Crawl Space
Roof
Shingle
Utilities
Sewer Available, Sewer Connected, Water Available, Water Available
Lot Water Features
Other
Water
Public
Elementary School
Carolina Beach
Middle School
Murray
High School
Ashley

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Lantern Room Realty LLC.

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