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USANCWrightsville BeachNot in Subdivision12 Nathan Ave
12 Nathan Ave, Home with 8 bedrooms, 6 bathrooms and null parking in Wrightsville Beach NC | Image 1
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$2,495,000

12 Nathan Ave, Wrightsville Beach, NC

Real Estate

For Sale

$--,---,---
860
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 0
Lot Size 
Approx. Age 1941
MLS® Number 100513730

Property Address: 

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

Description

Introducing one of the most unique investment offerings on Wrightsville Beach. Located just steps from the sand, 12 Nathan Street features six grandfathered rental units on a valuable 50x90 R2-zoned lot. The property includes: Four 1-bedroom units in the main house Two 2-bedroom units in a detached accessory dwelling unit (ADU) All six units are currently leased at strong rental rates, providing immediate cash flow. Detailed financials are available upon request. This is a unique opportunity to: Renovate and reposition the property as a high-yield short-term rental portfolio, capitalizing on Wrightsville Beach's thriving vacation market Or, for developers, redevelop the lot into a luxury duplex with potential ocean views to the east over Crystal Pier and west-facing views of Banks Channel Short-term rental projections available from MiraMar Vacation Rentals upon request. Opportunities of this scale and flexibility are seldom available in Wrightsville Beach—don't miss your chance to invest in one of North Carolina's most desirable beach communities.Show Description
MLS® Number100513730
Laundry Level
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age1941
Basement
DrivewayGravel, Aggregate
Garage Spaces
HeatPropane, Forced Air
A/CWall/Window Unit(s)
Heating Fuel

Extras

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