148 NW 3rd ST #Units A & B Active Save Request In-Person Tour Request Virtual Tour
Oak Island,NC 28465
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $286
Subdivision Tranquil Harbor
MLS Listing ID 100530095
Style Wood Frame
Bedrooms 6
HOA Y/N No
Year Built 1972
Annual Tax Amount $2,907
Lot Size 0.303 Acres
Acres 0.3
Lot Dimensions 110 x 120
Property Sub-Type Duplex
Source Hive MLS
Property Description
PHENOMENAL INVESTMENT OPPORTUNITY! This tenant occupied 6 Bedroom, 2 Full Bathroom duplex provides 3 Bedrooms and 1 Full Bathroom on each side and includes an adjacent vacant lot that conveys with the sale too! Ready-made gross rental income currently stands at $33,600 annually with recent renovations made to the front side unit. This single Parcel ID# property is actually two separate lots with the existing home on one side leaving the opportunity to construct a new home on the left side vacant lot - check out the survey. That's right, this listing is actually two separate properties with no Instrument of Separation required, an incoming producing actively rented duplex on one side and a vacant lot to improve as you see fit on the other side! There are many options to explore for this property and its new Owner! This property is located just 0.9 miles to the beach and just three blocks from easy on and off access to the island via the new Middleton Street bridge, a short distance to all the island's goods and services and another great chance for a solid Oak Island beach investment! Schedule your showing today!!
Location
State NC
County Brunswick
Community Tranquil Harbor
Zoning Ok-R-6
Direction Access the island via Midway Drive to cross the new bridge. Once over the bridge, make the first right at the light onto W. Oak Island Drive. Proceed 3 blocks and turn right onto NW 3rd St. Properties are approximately 3/4 down the street on the right hand side.
Interior
Interior Features Wash/Dry Connect,Ceiling Fan(s)
Heating Heat Pump,Electric
Flooring Carpet,Laminate
Fireplaces Type None
Fireplace No
Appliance Electric Oven,Electric Cooktop,Refrigerator
Laundry Hookup - Dryer,Hookup - Washer
Exterior
Parking Features Off Street,Unpaved
Utilities Available Electricity Connected,Sewer Connected
Amenities Available See Remarks
Roof Type Shingle
Accessibility None
Porch None
Building
Lot Description See Remarks,Open Lot,Front Yard
Story 1
Entry Level One
Foundation Slab
Sewer County Sewer
Water Municipal Water
New Construction No
Schools
Elementary Schools Southport
Middle Schools South Brunswick
High Schools South Brunswick
Others
Tax ID 234eh036
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional