316 Cape Fear Blvd
Carolina Beach, NC 28428
- List Price
$699,000
- Status
Active
- MLS#
480610
- Bedrooms
10
- Bathrooms
10.0
- Living Area Sqft.
5000 +
- Lot Size (Acres)
0.56
- Listing Area
Not In Subdivision
- Year Built
1947
Property Description
A great opportunity to own a 12 unit apartment community on the Island!!!! The property consists of four lots extended from Cape Fear Blvd to Raleigh St. All units have full kitchens and laundry room availability. There are 2 two bedroom units, 5 one bedroom units and 5 efficiencies. Current owner rents each unit for $175.00 weekly with no consistent vacancies. The opportunities are endless. you can keep as is, rebuild, make commercial, and separate the four lots to accommodate what your heart desires. Three blocks from the ocean makes this an investors dream. A rare opportunity to be able to purchase a cash flow investment and one of the few properties available on the Island that exist, take advantage today. Contact me for further details.Motivated Seller! Seller financing available.
Additional Information
- Flooring
Carpet, Laminate
- Garage & Parking
Gravel, Off Street
- Rooms
Master Bedroom: Down- 1st Floor
- Pool
No
- Appliances
Freestanding Range, Refrigerator
- School District
New Hanover
- Elementary School
Carolina Beach
- Middle School
Murray
- High School
Ashley
- Cooling
Wall Unit, Window Unit
- Water
Municipal
- Sewer
Municipal
- Listing Courtesy of
Coldwell Banker Sea Coast Advantage
Listing courtesy of Coldwell Banker Sea Coast Advantage
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Wilmington Regional Association of REALTORS®, and is updated as of May 21, 2013. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor coastalcarolina.com shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2013 MLS of WRAR, Inc.















