807 Carolina Beach AVE N new

Carolina Beach,NC 28428

$ 750000

5 Beds

2 Baths

1490 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,490 sqft

Price per Sqft $503

MLS Listing ID 100482979

Style Wood Frame

Bedrooms 5

Originating Board Hive MLS

Year Built 1950

Annual Tax Amount $2,472

Lot Size 6,273 Sqft

Acres 0.14

Lot Dimensions 50x125x50x125

Property Description

If you thought you missed the opportunity to snag your own paradise on Pleasure Island in today's Coastal Dash, think again! This multi-dimensional duplex sits on an oversized 50' x 125' lot and offers upper-floor views of the Atlantic Ocean—truly checking every box for any beach lover! Whether you're looking for a turn-key investment with an annual cap rate of 9% to 12% (based on the current sales or simply a second home to offset your expenses, this is the perfect find. This 1,490 sq. ft. duplex getaway consists of a lower-level 2-bedroom, 1.5-bath apartment, and an upper-level 3-bedroom, 1-bath apartment, each with separate electric meters. Annual updates have ensured the home maintains a lovely balance between historic bungalow charm and modern amenities. Some of these updates include a Timberline architectural shingle roof with a 10-year Silver Pledge Warranty (2022), dual mini-splits for each apartment (2022), upgraded water heaters with electronic anode rods, aluminum hurricane shutters, and more! Oh, and did we mention that the home comes fully furnished and includes all appliances, décor, and guest amenities? Located less than 100 feet from both Oyster Shell Lane and Sandpiper Beach accesses, and just one block from the Intracoastal Waterway—which features a public kayak and paddleboard launch at the intersection of Oystershell and Canal Drive—this location boasts a range of unique attractions that are hard to find elsewhere. Plus, you have your own convenient snack spot at the North End Mini-Mart just a block away!
This amazing as-is/turnkey investment is ready to roll like the tide. Will you be the one to land this ''big one''?

Location

State NC

County New Hanover

Community Other

Zoning R-1

Direction Take Hwy 421 to Carolina Beach, stay on Lake Park Blvd N, make a left turn on Winner Ave, stay straight to Carolina Beach Ave N, the home will be on the left in the 800 block.

Interior

Interior Features Wash/Dry Connect,Ceiling Fan(s),Furnished

Heating Other-See Remarks,Electric

Cooling See Remarks

Fireplaces Type None

Fireplace No

Window Features Blinds

Exterior

Exterior Feature Mail on Site

Parking Features Off Street,On Site,Unpaved

Waterfront Description Second Row

View Ocean

Roof Type Architectural Shingle

Accessibility None

Porch Deck

Building

Story 2

Entry Level Two

Foundation Slab

Structure Type Mail on Site

New Construction No

Schools

Elementary Schools Carolina Beach

Middle Schools Murray

High Schools Ashley

Others

Tax ID R08815008014000

Special Listing Condition None

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