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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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133 SE 48th St , Oak Island, NC 28465
$850,000
Est. Payment: $4,354.11/mo
6 Bed
3 Bath
2208 Sqft
Status: active | Days on site: 43
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

THREE INCOME-PRODUCING RENTAL UNITS! OCEAN VIEWS! OVERLOOKING MIDDLETON PARK! Unique opportunity to own a triplex in the heart of Oak Island featuring three separate two-story units, each with its own private entrance. With all units currently occupied, this property offers established rental income from day one while providing exceptional flexibility for future use. Whether you're looking to continue operating all three units as income-producing rentals, occupy one unit while renting the others, or create the perfect coastal getaway with built-in income potential, the possibilities are endless with this one-of-a-kind property. Relax--own a piece of Oak Island while rental income helps make beach ownership a breeze. Ideally positioned with ocean views and overlooking Middleton Park, owners and tenants enjoy front-row access to many of Oak Island's most popular events, including the summer concert series, farmers markets, festivals, pickleball courts, tennis courts, ball fields, playgrounds, and recreational amenities. Public beach access is just a short distance away, making it easy to enjoy the best of island living. Located in the center of Oak Island, you'll also enjoy convenient access to local restaurants, shopping, entertainment, and area attractions. Just minutes from the historic waterfront town of Southport, known for its boutique shopping, waterfront dining, and coastal charm, this location offers the best of beach living. Conveniently situated between Wilmington, NC and Myrtle Beach, SC, owners enjoy easy access to airports, entertainment, healthcare, and everything the Carolina coast has to offer. Whether you're searching for a proven investment property, a multi-generational beach retreat, or a second home with income potential, this unique Oak Island triplex delivers location, flexibility, and opportunity in one of North Carolina's most desirable coastal communities.

Highlights

Listed by Carolina Coastal Group , 910-352-6471 and Burt B Elmore , 910-352-6471 Northrop Realty , 910-477-3501. Hive MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.19

Year Built

1985

County

Brunswick

Neighborhood

E. Long Beach

School District

Brunswick County Schools

Listing ID

100580696

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:
Appliances:Electric Oven, Refrigerator, Dishwasher
Air Cond:Central Air
Fireplaces:
Floor:Laminate
Other:
  • Additional:Eat-in Kitchen
Water:Public

Exterior Features

Lot:Dead End,Fencing: None
Lot Dimensions:74x111x72x1111
Garage Capacity:0
Zoning:OK-CR
Roof:Metal
Parking Features:On Site
Principal Interest
$4,354
Taxes
$542

Home Price

$850,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$170,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,354.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,354.11 $541.88 $0.00 $4,895.99
Yearly $52,249.37 $6,502.50 $0.00 $58,751.87
Total $1,567,481.23 $195,075.00 $0.00 $1,762,556.23

Today's Rates

30 Year

6.63%

20 Year

6.47%

15 Year

5.9%

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Market insight data is pulled from the same city as the listing being viewed (Oak Island, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Hive MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-25T20:46:39.000Z

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