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Size: 0.93 Acres
Type: House
Home: 6 beds - 4 full baths - 2,972 Sq Ft

0.93 Acres in Oak Island, NC - $525,000

Offered for sale in a prime location near the Scenic Walkway on 20th Street of Oak Island is this package deal to own 5 lots totaling .93 acres that currently have two income producing properties already in place. Lots 1, 2, 3, 4 and 67 are the lot numbers situated between 19th street and 20th street with all of the road frontage on E Oak Island Drive along with Lot 67 on 19th street. 1902 E Oak Island Drive is a duplex offering 1 bedroom/1 bathroom per side, this is the older unit and most of the value is in the corner lot that it is situated on. In addition another duplex at 1906 E Oak Island Drive offers 2 bedrooms and 1 bath per side. 1906 features vinyl siding and a roof less than 2 years old and offers great income potential. Note both properties are currently below market rents but the rental potential is the key, keep just 1906 and sell off the 4 other lots or renovate both duple...

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Source:First Street
Contact Seller

Century 21 Sweyer & Associates

Wilmington, NC

9102391362