USANCOcracokeNot in Subdivision180 Irvin Garrish Hwy

Harbor-front Condos w/ Deep-water Boat Slips! | Image 1

$279,000

105 - 180 Irvin Garrish Hwy, Ocracoke, NC

Name: 105 - 180 Irvin Garrish Hwy, For Sale in Ocracoke - eXp Commercial Brokerage
Brand: The Rich Company of Ocracoke
SKU: 100493577
Price: 279000 CAD

Condo

For Sale

$--,---,---

110

Key Facts
Description
Rooms
Map

Key Facts

Type Condominium

Levels Residential

Size 275 sqft

Garage No

Maintenance Fees $4,705

Taxes $703

Days Active 87

Approx. Age 1982

Avg. Price Per Sqft $1,014

MLS® Number 100493577

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

The Anchorage is an iconic harbor-front inn in the heart of the village on Ocracoke Island! Guests & families have enjoyed staying at The Anchorage for decades, eating at SmacNally's, using the Marina, & renting golf carts from our on-site cart rental business (all a short walk away), relaxing in the swimming pool & on the tanning deck, using the deep-water docks w/ large boat slips in the Silver Lake Harbor, & much more! Under new ownership, The Anchorage has been renovated & condominiumized, giving you the opportunity to own an income-producing inn room with a deep-water boat slip, all at a price consistent with that of a small slice of raw land here on the Island! Unit 105 is on the ground level, giving you level-entry access & harbor views! The Anchorage units come freshly-painted & newly-outfitted with new furniture, new beds, new appliances & new decor - all purchased & paid-for by the Owner! Crown Management is the new on-site property manager; they handle all marketing, reservations, guest services, & accounting for the vacation rentals. They also market & manage reservations for the boat slips - along with the Marina. Crown also manages the Anchorage POA. Each unit is expected to net between $22k - $25k after deducting the POA dues - which covers building maintenance (interior & exterior), landscaping, ALL utilities (power, water, cable, internet), & the insurance for each property owner, master insurance policy for the OA & common areas, AND the flood insurance policies for the property & each unit! (before Crown Management's STR fees). The Anchorage sits on one of the higher properties on Ocracoke Island. Until Hurricane Dorian, the property had never flooded & hasn't since. Minimal water came in during Dorian (less than 1''), and was in & out in minutes. You can use or rent the deep-water boat slip - a short walk away. Many 2025 Spring, Summer & Fall dates are fully-booked! Buy now & inherit these lucrative reservations!Show Description

MLS® Number100493577

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

ExteriorOutdoor Shower

GarageNo

Approx. Age1982

Stories

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatOther-See Remarks, Electric, Forced Air

A/CWall/Window Unit(s), See Remarks

Heating Fuel

Extras

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