1402 N New River Drive

5 Bedrooms 3 Bathrooms 2972 Square Feet

Description

***Investment Alert*** One tax ID 3 story top and bottom duplex, ocean side with beach access on same road as the house. A 5-bedroom 3 full bathroom house with Gross rental history over $100,000. Upstairs and Downstairs have connecting doors if multiple families are looking to vacation together or close and lock the interior door and get two different renters. Separate exterior entrances make this home full of money making options.
Upstairs to the wrap around 2023 deck is the 3-bedroom 2 bathroom unit with over 1900sqft. Separate living room off the back and a common space now used as a billiards room between the front and back of the house. HUGE 15 x 11 kitchen and 15x12 combination dining room to accommodate multiple families. On the common floor is a bedroom and bathroom with washer and dryer. Headed to the 3rd floor are 2 more bedrooms. The 19x13 primary suite looks down on the kitchen with its own private 13x8 bathroom and walk in closet. Across the hall is another bedroom that currently sleeps 4 with a private outdoor balcony.
Unit B downstairs has its own private exterior entrance. A 2-bedroom, 1 bath unit over 1000sqft. Combination dining room and living room, shared full bathroom and 2 bedrooms. Bunkbed room leads out to the one car garage currently utilized as a game room / hang out space.
Some important information includes 2020 heating and cooling- 2020 roof -2023 deck - Furnished to sleep 12 - Shed on property to store owners personal gear - Upstairs and downstairs unit has its own washer and dryer -1 car garage - a history of $100,000 gross income - Ocean side of N New River with beach access on the same street. Where are you able to buy two units in Surf City under $1 Million? Won't last!

    Appliances/Equip

  • Washer
  • Stove/Oven - Electric
  • Refrigerator
  • Microwave - Built-In
  • Dryer
  • Dishwasher
  • Association Amenities

  • No Amenities
  • Construction Materials

  • Vinyl Siding
  • Cooling

  • Wall/Window Unit(s)
  • Exterior Features

  • Outdoor Shower
  • Fencing

  • None
  • Fireplace Features

  • None
  • Flooring

  • LVT/LVP
  • Carpet
  • Tile
  • Foundation

  • Slab
  • Heating

  • Heat Pump
  • Electric
  • Interior Features

  • Master Downstairs
  • 2nd Kitchen
  • Ceiling Fan(s)
  • Furnished
  • Pantry
  • Skylights
  • Walk-in Shower
  • Laundry Features

  • In Garage
  • In Hall
  • Levels

  • Three Or More
  • Listing Terms

  • Cash
  • Conventional
  • Lot Features

  • Corner Lot
  • Parking

  • Off Street
  • Paved
  • Shared Driveway
  • Patio & Porch

  • Deck
  • Patio
  • Porch
  • Wrap Around
  • Roof

  • Architectural Shingle
  • Security

  • Smoke Detector(s)
  • Structure

  • Wood Frame
  • Waterfront Features

  • None

Mortgage Calculator

Sale price ($)

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Term (years)

Price: $899,900.00
MLS ID 100418296
Location Surf City, NC 28445
Acreage 0.12
Year Built 1982
Neighborhood Del Mar Beach

Linda Folger

View Bio
Broker | REALTOR®

Contact Info

Emerald Isle Sales Office
200 Mangrove Drive
Emerald Isle, NC 28594
(888) 737-5983

Office: (252) 354-2128
Cell: (919) 418-3838

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Property listed by Berkshire Hathaway HomeServices Carolina Premier Properties

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