1518 Easy St Unit A - D, Surf City, NC 28445

$975,000
8
BD
4
BA

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List Price
$975,000
Status
ACTIVE
Days on Market
88
MLS#
100581885
Subtype
Residential Income
Year Built
1971
Bedrooms
8
Bathrooms
4
Lot Size
4,922
Acres
0.11
Subdivision
Old Settlers Beach
Neighborhood
Old Settlers Beach

Property Description

Rare opportunity to own a quadruplex, a ''unicorn'' in Surf City. Set on a desirable corner lot, 2nd Row from beach, each of the four units offers a comfortable 2-bedroom, 1-bath floor plan at 768 square feet- a layout coastal renters actively seek out. Eight parking spaces plus a garage give this property a significant edge in a beach town where parking is scarce. The property is being sold as-is with some work to be done, making it a true value-add play for the right buyer. Updates and improvements here have real upside potential. You're steps from the ocean in one of the Carolina coast's most active rental markets. All four units are currently occupied, so your investment generates income immediately while you plan improvements at your own pace. Live in one unit and let the other three help carry the load, or hold all four as rentals and let Surf City's strong beach tourism do the rest. Either way, the potential here is hard to replicate at this price point and proximity to the water.

Additional Information

Zoning
R-5
Flooring
Laminate
Appliances
Electric Oven, Refrigerator
Heating
Baseboard, Electric
Air Conditioning
Window/Wall
Levels
Two
Roof
Metal
Foundation
Block
Parking Features
Shared Driveway, Detached, Gravel, On Site, Garage
Garage Spaces
2
Elementary School
Surf City
Middle School
Surf City
High School
Topsail
View
Ocean

Listing courtesy of Listing Agent: Stephanie Bolleyer () from Listing Office: Coldwell Banker Sea Coast Advantage.

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