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12 Nathan Street lot: 17, Wrightsville Beach, NC 28480

For Sale

$2,495,000

8 beds • 6 baths • 3,682 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $677.62
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 100513730

Courtesy Of Cadence Realty Corporation

(910) 239-7697

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Porch, Ceiling Fan
  • Exterior Type
    Block
  • Heating System
    Forced Air
  • Lot Size
    0.11 Acres
  • View Type
    Ocean

Map and Directions

Directions to 12 Nathan Street lot: 17, Wrightsville Beach, NC 28480

Home seller CENTURY 21 Coastal Advantage

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Coastal Advantage

(910) 328-2511
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.