Listing Courtesy Of:
Cadence Realty Corporation, Ross Tomaselli
Local Realty Services Provided By:
KW Innovate
Overview
What It'll Cost
Neighborhood
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12 Nathan Street, Wrightsville Beach, NC 28480
8 Beds
6 Baths
12 Nathan Street, Wrightsville Beach, NC 28480
Estimation provided by Keller Williams Realty, LLC.
8 Beds
6 Baths
Active
For Sale
Open House:
(Local time)
Property Description
Introducing one of the most unique investment offerings on Wrightsville Beach. Located just steps from the sand, 12 Nathan Street features six grandfathered rental units on a valuable 50x90 R2-zoned lot.
The property includes:
Four 1-bedroom units in the main house
Two 2-bedroom units in a detached accessory dwelling unit (ADU)
All six units are currently leased at strong rental rates, providing immediate cash flow. Detailed financials are available upon request.
This is a unique opportunity to:
Renovate and reposition the property as a high-yield short-term rental portfolio, capitalizing on Wrightsville Beach's thriving vacation market
Or, for developers, redevelop the lot into a luxury duplex with potential ocean views to the east over Crystal Pier and west-facing views of Banks Channel
Short-term rental projections available from MiraMar Vacation Rentals upon request. Opportunities of this scale and flexibility are seldom available in Wrightsville Beach—don't miss your chance to invest in one of North Carolina's most desirable beach communities.
The property includes:
Four 1-bedroom units in the main house
Two 2-bedroom units in a detached accessory dwelling unit (ADU)
All six units are currently leased at strong rental rates, providing immediate cash flow. Detailed financials are available upon request.
This is a unique opportunity to:
Renovate and reposition the property as a high-yield short-term rental portfolio, capitalizing on Wrightsville Beach's thriving vacation market
Or, for developers, redevelop the lot into a luxury duplex with potential ocean views to the east over Crystal Pier and west-facing views of Banks Channel
Short-term rental projections available from MiraMar Vacation Rentals upon request. Opportunities of this scale and flexibility are seldom available in Wrightsville Beach—don't miss your chance to invest in one of North Carolina's most desirable beach communities.
Property Details
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Overview
Property Type
Quadruplex
Property Size
Year Built
1941
Days on Site
35 Days
HVAC
Wall/Window Unit(s), Propane, Forced Air
Parking
Yes
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
Estimation provided by Keller Williams Realty, LLC. This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.
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Transit & Commute
Estimated commute times from Wrightsville Beach
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Walkable
Very Walkable
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