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237 Seashore Drive Drive, North Topsail Beach, NC 28460

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For Sale

$1,669,900

12 beds • 3,696 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • $451.81
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

RARE opportunity to own a highly desirable multifamily property in the sought-after Beach of North Topsail! This ocean-view property features six fully equipped units, each offering 2 bedrooms, 1 bathroom, a kitchen, and a living room. All units have been renovated at various times over the past few years, with updates including kitchens, bathrooms, flooring, and more. Additionally, the metal roof and siding were replaced approximately 7-8 years ago. The property is perfect for a house hack or a versatile investment strategy live in one unit and rent out the others, or mix short-term and long-term rentals. Currently, the property operates as both a short- and long-term rental, generating impressive returns with detailed financials available upon request. There's even more potential through value-add opportunities and tax savings via cost segregation. The property sits on over 0.3 acres, offering potential for future development on the back lot where the septic system is located. Situated on a dead-end street, it provides added privacy while still being close to downtown, restaurants, shopping, and entertainment. Best of all, public beach access is almost directly across the street! A shared laundry facility is available on-site for added convenience. Located in a federal flood zone. Drone photos and additional documentation available upon request don't miss this incredible investment opportunity!
MLS# 100531878

Courtesy Of Red Realty Investors, LLC

(910) 777-2200

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Deck, Porch
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Lot Size
    0.29 Acres
  • Roof Type
    Metal
  • View Type
    Ocean, Water

Map and Directions

Directions to 237 Seashore Drive Drive, North Topsail Beach, NC 28460

Home seller CENTURY 21 Champion Real Estate

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 Champion Real Estate

(910) 455-5328
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† 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.