NC > North Topsail Beach > Old Settlers Beach
North Topsail Beach, NC 28460,237 Seashore DR
North Topsail Beach, NC 28460,237 Seashore DR
North Topsail Beach, NC 28460,237 Seashore DR
North Topsail Beach, NC 28460,237 Seashore DR
North Topsail Beach, NC 28460,237 Seashore DR
North Topsail Beach, NC 28460,237 Seashore DR
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Jody Wainio

Jody Wainio

+1(910) 232-4635
$ 1,669,900
Est. payment | /mo

3,696 SqFt

Save Virtual Tour
$ 1,669,900
Est. payment | /mo
Save Virtual Tour

3,696 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,696 sqft

Price per Sqft $451

Subdivision Old Settlers Beach

MLS Listing ID 100531318

Style Wood Frame

HOA Y/N No

Year Built 1997

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 74x186x74x186

Property Sub-Type Multi Family

Source Hive MLS

Property Description

RARE opportunity to own a highly desirable multifamily property in the sought-after Beach of North Topsail! This ocean-view property features six fully equipped units, each offering 2 bedrooms, 1 bathroom, a kitchen, and a living room. All units have been renovated at various times over the past few years, with updates including kitchens, bathrooms, flooring, and more. Additionally, the metal roof and siding were replaced approximately 7-8 years ago. The property is perfect for a house hack or a versatile investment strategy—live in one unit and rent out the others, or mix short-term and long-term rentals. Currently, the property operates as both a short- and long-term rental, generating impressive returns with detailed financials available upon request. There's even more potential through value-add opportunities and tax savings via cost segregation. The property sits on over 0.3 acres, offering potential for future development on the back lot where the septic system is located. Situated on a dead-end street, it provides added privacy while still being close to downtown, restaurants, shopping, and entertainment. Best of all, public beach access is almost directly across the street! A shared laundry facility is available on-site for added convenience. Located in a federal flood zone. Drone photos and additional documentation available upon request—don't miss this incredible investment opportunity!

Location

State NC

County Onslow

Community Old Settlers Beach

Zoning R-10

Direction From HWY 210-to Wicker Street, right on Seashore Drive, property on right.

Interior

Heating Electric, Forced Air

Cooling Central Air

Exterior

Parking Features Shared Driveway, Assigned, Off Street, Paved

Utilities Available Water Available

Amenities Available See Remarks

Waterfront Description Water Access Comm

View Ocean, Water

Roof Type Metal

Building

Lot Description Dead End, See Remarks

Foundation Slab

Sewer Septic Tank

Water Municipal Water

New Construction No

Others

Tax ID 024661

Acceptable Financing See Remarks, 1031 Exchange, Cash, Conventional

Listing Terms See Remarks, 1031 Exchange, Cash, Conventional

Virtual Tour https://listings.lighthousevisuals.com/videos/019943cf-70d0-73cd-9811-c31793e827d8

Hive MLS / (NCRMLS) / Cape Fear Realtors
Listed by Keller Williams Innovate-Wilmington

GET MORE INFORMATION

Jody Wainio
Jody Wainio

REALTOR®, Managing Broker, Lead Broker | Lic# 117999

+1(910) 232-4635

1001 Military Cutoff Rd. Suite 101, Wilmington, NC, 28405

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237 Seashore DR