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!!
Property Type(s):
Multi Family
|
Last Updated
|
9/11/2025
|
Tract
|
Tranquil Harbor
|
|
Year Built
|
1972
|
County
|
Brunswick
|
SCHOOLS
| Elementary School |
Southport |
| Jr. High School |
South Brunswick |
| High School |
South Brunswick |
Additional Details
| AIR |
Ceiling Fan(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Cooktop, Electric Oven, Refrigerator |
| CONSTRUCTION |
Vinyl Siding |
| HEAT |
Electric, Heat Pump |
| INTERIOR |
Ceiling Fan(s) |
| LOT |
0.3 acre(s) |
| LOT DESCRIPTION |
Front Yard, Open Lot, See Remarks |
| LOT DIMENSIONS |
110 x 120 |
| PARKING |
Off Street, Unpaved |
| STORIES |
1 |
| SUBDIVISION |
Tranquil Harbor |
| TAXES |
2907.24 |
| UTILITIES |
Electricity Connected, Sewer Connected |
| WATER |
Public |
Location
Listed with Coastal Development & Realty Oak Island
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