12 Nathan St, Wrightsville Beach, NC 28480

$1,875,000
8
BD
6
BA

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Sold Price
$1,875,000
List Price
$2,060,000
Status
CLOSED
MLS#
100513730
Closing Date
May 21, 2026
Days on Market
69
Year Built
1941
Levels
Two
Bedrooms
8
Bathrooms
6
Acres
0.11
Neighborhood
Not In Subdivision

Property Description

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.

Additional Information

Interior Features
Ceiling Fans
Cooling
Window/Wall
Heating
Propane, Forced Air
Foundation
Block
Roof
Architectural
Elementary School
Wrightsville Beach
Middle School
Noble
High School
Hoggard

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Calculator source: Real Geeks

Listing courtesy of Cadence Realty Corporation. Selling Office: Corcoran HM Properties.

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