About This Home
This 8-bedroom, 4-bathroom residential multi family at 1518 Easy Street in Surf City, NC is listed for $975,000 ($317 per sqft). Built in 1971, the home offers 3,072 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1971
- 0.11 acre lot
- 2 stories
- 2 parking spaces
Property Details
Amenities
Rare opportunity to own a quadruplex, a ''unicorn'' in Surf City. Set on a desirable corner lot, 2nd Row from beach, each of the four units offers a comfortable 2-bedroom, 1-bath floor plan at 768 square feet- a layout coastal renters actively seek out.
Eight parking spaces plus a garage give this property a significant edge in a beach town where parking is scarce. The property is being sold as-is with some work to be done, making it a true value-add play for the right buyer. Updates and improvements here have real upside potential.
You're steps from the ocean in one of the Carolina coast's most active rental markets. All four units are currently occupied, so your investment generates income immediately while you plan improvements at your own pace. Live in one unit and let the other three help carry the load, or hold all four as rentals and let Surf City's strong beach tourism do the rest. Either way, the potential here is hard to replicate at this price point and proximity to the water.
Monthly Cost Estimate
$5,215/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1518 Easy Street
Surf City, NC 28445
Old Settlers Beach
Property Details
Flooring
Construction
Views
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 1518 Easy Street is listed at $975,000 ($317/sqft). The estimated monthly payment is $5,214 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1971, 0.11 acre lot, 2 stories, 2 parking spaces.
This property is listed by Stephanie Bolleyer and can be reached at 6308775008.