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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1518 Easy Street A - D , Surf City, NC 28445
$975,000
Est. Payment: $2,166.67/mo
8 Bed
4 Bath
3072 Sqft
Status: Active | Days on site: 82
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House 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.

Highlights

Listed by Stephanie Bolleyer , 630-877-5008 and Taylor R Reed , 302-632-4675 Coldwell Banker Sea Coast Advantage , 910-327-2441.

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1971

County

Pender

Neighborhood

Old Settlers Beach

Listing ID

100581885

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Electric Oven, Refrigerator
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Laminate
Water:County Water

Exterior Features

Lot:Corner Lot,Second Row,Fencing: None,Outside City Limits
Lot Dimensions:61x89x62x89
Garage Capacity:2
Zoning:R-5
Roof:Metal
Parking Features:Shared Driveway,Detached,Gravel,On Site,Garage,Has Garage
Principal Interest
$2,167
Taxes
$622

Home Price

$975,000

Loan Details

30 yrs
%

Down Payment

20%
$195,000
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Monthly Price:
$2,166.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,166.67 $621.56 $0.00 $2,788.23
Yearly $26,000.00 $7,458.75 $0.00 $33,458.75
Total $780,000.00 $223,762.50 $0.00 $1,003,762.50

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 (Surf City, 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.