1. North Carolina
  2. Carolina Beach
  3. 1603 Lake Park Boulevard S
$1,495,000

1603 Lake Park Boulevard S, Carolina Beach, NC 28428

  • 4 beds |
  • 4 baths |
  • 2,042 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $732/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

The Harris Group is excited to present this fully remodeled and furnished turn-key 4-Unit Ocean-Access Quadplex located on the Texas Ave beach access in Carolina Beach. Located adjacent to the CB/KB pipeline, ''Surf Station'' is built on one of the most popular beach access surfing locations on the island. This opportunity is perfect for a 1031 exchange, investor looking to capture Bonus Depreciation via Cost Seg study, or anyone looking for a fully functioning turn-key AirBNB or Mid/Long term rental multifamily property. No HOA, Not in a flood zone despite being just 27 steps from the beach, potential value-add opportunity in that zoning permits ability to build UP, and property is constructed with cinderblock firewall between units which could potentially allow for units to be broken into individually condos. Currently lined for 8 parking spots, has room for 9 spaces. Built in 1955, this former longterm/midterm multifamily rental had never flooded prior to the No Name storm of September 24, but did get water intrusion during that historic storm, and has been fully renovated with new subfloor, LVP, trim, drywall and paint, kitchens, bathrooms, vanities, water heater. In addition, owners also completed new roof, facia, soffit, furniture and staging, AC enclosures, back deck and walkways to beach, and is currently turnkey and ready to rent.

Listing Status:
Active
Listing Office:
Nest Realty : 910-550-2788
MLS ID:
100534749
  • General: Wash/Dry ConnectCeiling Fan(s)FurnishedBlinds/Shades
  • Appliances: Vented Exhaust FanElectric CooktopBuilt-In MicrowaveBuilt-In Electric OvenRefrigeratorDishwasher
  • Laundry: Dryer HookupWasher HookupLaundry Closet
  • Basement: None
  • Flooring: LVT/LVP
  • A/C: Other
  • Heating: OtherElectricElectricOther
  • Fireplace: None
  • Disability Feature: None
  • General: Storm Doors
  • Other Structures: Deck
  • Parking: Shared DrivewayLightedOn SitePavedParking spaces: 0
  • Roofing: Architectural Shingle
  • General: ConcreteStuccoFiber CementOneCrawl Space
  • Road/Access: City StreetState Road
  • HOA Amenities: None
  • Originating MLS: Hive MLS
  • County: New Hanover
  • Zoning: MF2 13 WILM BCHR09018-012-001-000
  • View: Ocean
  • Fencing: Partial
  • Utilities: Electricity ConnectedWater Connected
  • Water: Public# Meters
  • Sewer: Municipal SewerCity/Town
  • Source: Hive MLS

This listing courtesy of Nest Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Carolina Beach Elementary School

400 Fourth St S, Carolina Beach, NC, 28428

Grades KG-5

1.09 miles away

C

Charles P. Murray Middle School

655 Halyburton Memorial Pkwy, Wilmington, NC, 28412

Grades 6-8

5.93 miles away

E

Eugene Ashley High School

555 Halyburton Memorial Pkwy, Wilmington, NC, 28412

Grades 9-12

5.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.