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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1330 N Howe St , Southport, NC 28461
$1,299,000
Est. Payment: $2,886.67/mo
0 Bed
0 Bath
3300 Sqft
Status: Active | Days on site: 1
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House Description

Calling all investors! Prime downtown Southport opportunity featuring a commercial office building plus four separate apartments, all currently tenant occupied and generating income. Each building is situated on its own parcel, offering the flexibility to sell or develop the properties separately. Located within Brunswick County zoning, this property offers the advantage of no city taxes or city rental regulations, while providing a variety of potential permitted commercial uses, including office and retail, among others. The commercial building is currently utilized as a massage therapy clinic and has benefited from numerous improvements, including an outdoor shower for rinsing off from various types of treatments and a roof replacement approximately two years ago. The four apartments have also received updates within the past three years, including new flooring and interior improvements. Each apartment includes its own 10x12 storage building, providing valuable additional storage space for tenants as well as raised garden beds. With multiple income-producing units, commercial flexibility, and a prime location, this property presents an attractive opportunity for investors seeking both current rental income and future potential. Located in the charming downtown Southport, yet not in city limits, the property is within easy reach of boutique shops, local art galleries, restaurants, waterfront dining, and the scenic downtown waterfront. But it is technically in the county, giving more flexibility for plans to expand. Known for its historic character and coastal setting, Southport has earned national recognition for its small-town charm and has served as a backdrop for numerous films and television productions. Whether expanding an investment portfolio, establishing a business, or taking advantage of the area's continued growth, this versatile Southport property offers an exceptional combination of location, income potential, and opportunity.

Highlights

Listed by Hamilton Realty Group , 888-584-9431 and Jack L Hamilton , 336-669-3775 eXp Realty ,

Property Type

Business Opportunity

Lot/Acreage
0.59

Year Built

1955

County

Brunswick

Neighborhood

Not In Subdivision

Listing ID

100601594

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:LVT/LVP
Water:Public

Exterior Features

Lot:Level,Outside City Limits
Lot Dimensions:67x142x68x141 68x256x66x254
Zoning:CO-NC
Roof:Shingle
Parking Features:Gravel,On Site
Principal Interest
$2,887
Taxes
$828

Home Price

$1,299,000

Loan Details

30 yrs
%

Down Payment

20%
$259,800
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Monthly Price:
$2,886.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,886.67 $828.11 $0.00 $3,714.78
Yearly $34,640.00 $9,937.35 $0.00 $44,577.35
Total $1,039,200.00 $298,120.50 $0.00 $1,337,320.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Southport, 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.