$875,000
$899,900
2.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,756 SqFt
SOLD DATE : 05/03/2021
Key Details
Sold Price $875,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,756 sqft
Price per Sqft $498
Subdivision Shore Acres
MLS Listing ID 100238330
Sold Date 05/03/21
Style Wood Frame
Bedrooms 4
Full Baths 2
HOA Y/N No
Originating Board North Carolina Regional MLS
Year Built 1972
Annual Tax Amount $3,879
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 74x98x70x121
Property Description
Charming single level side by side duplex on the highly sought-after South Harbor Island. Built in 1972, this is a grandfathered duplex. This quaint property sits on an oversized .18-acre lot. Each side offers two bedrooms, one bath, combination living / dining room, kitchen, covered front porch and off-street parking. Both units are complete with kitchen appliances and clothes washer & dryer. Outstanding location within walking or biking distance to the beach and local restaurants yet tucked away off the tourist path in a quiet upscale neighborhood. And just around the corner is a lovely mini waterfront park ideal for enjoying a sunset toast with your neighbors. Possibilities are many: live in one side and rent the other until you are ready to build your dream home, keep tenants as a great investment or utilize the benefits of the oversized lot to build a large single-family home with water views from the top floor. Each unit currently rents for $ 1,600 per month for a combined gross rental income $ 38,400 per year. Great tenants in place. Current zoning on the lot is R1 so if the duplex is removed only a single-family home can be built on the lot.
Location
State NC
County New Hanover
Community Shore Acres
Zoning R1
Direction Eastbound on Causeway Drive, Right on Island Drive, Left on Myrtle Ct. Home on Right side.
Interior
Interior Features 1st Floor Master, Blinds/Shades, Ceiling Fan(s)
Heating Baseboard
Cooling Wall/Window Unit(s)
Appliance None, Dryer, Refrigerator, Stove/Oven - Electric, Washer
Exterior
Garage Off Street
Utilities Available Municipal Sewer, Municipal Water
Waterfront No
Roof Type Shingle
Porch Covered, Porch
Parking Type Off Street
Garage No
Building
Story 1
New Construction No
Schools
Elementary Schools Wrightsville Beach
Middle Schools Noble
High Schools Hoggard
Others
Tax ID R06307-007-004-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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