316 Cape Fear Blvd
Carolina Beach, NC 28428
- List Price
$699,000
- Status
Active
- MLS#
480611
- Lot Size (Acres)
0.56
- Neighborhood
Not In Subdivision
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
- 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 23, 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.
