Views - Primary on Main
Address
715 Carolina Beach Avenue, Carolina Beach, NC
Price
$ 2,400,000
Property Attributes
- MLS#100445058
- TypeMulti-Family
- CountyNEW HANOVER
- CityCarolina Beach
- NeighborhoodCarolina Beach
- Zip28428
- StyleQuadruplex
- Year Built1945
- Taxes$ 5488
- Price$ 2,400,000
- Bedrooms16
- Full Bathrooms10
- Half Bathrooms1
- Lot Size0.28 Acres
Data Source:
Cape Fear REALTORS® - NCRMLS
Property Description
This is an amazing opportunity to purchase a large multifamily investment or family compound. Ideal 1031 exchange property. Immediate income with long term development potential. This package consists of the Main House 715 Carolina Beach Ave. which consists of 9 bedrooms 6 1/2 bathrooms. A separate building behind which has A and B units each consisting of 2 bedrooms, 1 bathroom, kitchens and living rooms. 714 Canal Drive is a separate home with 3-bedroom, 1 bath with full kitchen, living room and laundry. All units have lovely porches with slights views of the ocean and waterway. 2 large lots housing 4 units total.Tons of new updates and interior is professionally designed by Smith and Gsell design studio. Beautiful tongue and grove woodwork, large covered porches and tons of space. Currently on the short-term rental market. 2023 Gross income was $112,000 which was only from May-December due to renovations and personal usage. Local vacation management company has done a rental projection of $160,000-$175,000 year. Sold fully furnished and turn key. Fabulous location across the street from the beach and within walking distance to shops and restaurants. Previous use was the Beacon House Bed and Breakfast along with 3 short term rental cottages.
| Elementary School | Middle School | High School |
|---|---|---|
| Carolina Beach Elementary School | Murray Middle School | Ashley High School |
| Price History | |
|---|---|
| 5/17/2024 | Listed $2,400,000 |
General Features
| Sewer | Connected |
|---|---|
| Construction | Wood Frame |
| Heating | Forced Air,Heat Pump |
| Cooling | Central,Heat Pump,Zoned |
| Utilities | Municipal Sewer,Municipal Water |
| Possession | At Closing,Subject To Tenant Rights |
| Roof | Shingle |
| Water Heater | Electric |
| Zoning | R-1 |
| Status | Active |
| New Construction | No |
| Subdivision | Other |
| Stories | 2.0 |
| County | New Hanover |
| Stipulation of Sale | None |
| Property Type | C |
| HOA | No |
| Terms | Cash,Conventional |
| Tax Year | 2023 |
| Lot Sqft | 12146.00 |
| Days on Market | 15 |
| City Limits | Yes |
| Sub-Type | Quadruplex |
| Waterview | No |
| Year Built | 1945 |
| City | Carolina Beach |
| Middle School | Murray |
| Street Name | Carolina Beach |
| High School | Ashley |
| Elementary School | Carolina Beach |
| Listing Member Name | Brooke S Richardson |
| Legal Description | Tract 1 Survey for S & H DehardeTract 2 Survey for S & H Deharde |
| Location Type | Island |
Interior Features
| Interior Features | 1st Floor Master,9Ft+ Ceilings,Blinds/Shades,Ceiling Fan(s),Furnished,Smoke Detectors,Walk-in Shower |
|---|---|
| Basement | None |
| Flooring | Tile,Vinyl,Wood |
| Fireplace | 1 |
| Total Bedrooms | 16 |
| Laundry Location | Room |
| Attic | Access Only,Floored - Partial,Stairs - Pull Down |
| Dining Room | Combination |
| Street Suffix | Avenue |
| Total Bathrooms | 10.00 |
| Stories | Two |
Exterior Features
| Foundation | Crawl Space,Pilings |
|---|---|
| Waterfront | No |
| Fencing | None |
| Exterior Finish | Vinyl Siding,Wood Siding |
| Lot Dimensions | See attached survey |
| Water Source | Water Connected |
| Parking Features | Off Street,On Site,Shared,Unpaved |
| Lot Acres | 0.28 |
| Lot Water Feature | Second Row |
| Road Type/Frontage | Paved,Public (City/Cty/St) |
| Attached Carport Spaces | 0.00 |
| Detached Carport Spaces | 0.00 |
| Pool | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 28428
Price
Taxes
Visits
Year Built
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