$3,000,000
For Sale
6 beds | 5.00 baths | #100437091
Browse 80 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Welcome to 5 Oceanic Street, a rare gem nestled in the heart of downtown Wrightsville Beach. This luxurious triplex epitomizes coastal living at its finest, offering immediate income potential and unparalleled convenience just steps from the Atlantic Ocean.Each of the three units has been meticulously renovated and updated with luxury in mind, offering modern amenities and coastal charm throughout. From the side-by-side 2-bedroom shotgun style units on the first floor to the spacious 2-bedroom unit with open floor plans and antique pine floors upstairs, every detail exudes elegance and sophistication. All units are sold fully furnished with HIGH end professional interior design selections making this a true ''turn-key'' investment.This historic building, though age-old, has been transformed into a fortress of modern comfort, ensuring durability and longevity for discerning buyers. With two coveted parking spaces per unit, convenience is paramount for both residents and guests alike.Indulge in the vibrant beach lifestyle with renowned dining destinations such as Tower 7 and the iconic King Neptune's just a stone's throw away. Sweetwater surf shop and Jimmies add to the allure, offering endless opportunities for entertainment and exploration.Perfect for the astute investor seeking both immediate income and long-term flexibility, this property presents the option to renew the lease or even occupy one of the units while renting out the others. Don't miss this unparalleled opportunity to own a slice of paradise in Wrightsville Beach, where luxury, convenience, and coastal charm converge in perfect harmony.*Perfect opportunity to ''house hack'' and or take over operating the property as a short term or midterm rental. Solid rental history and future rental income projections are VERY strong. This property is ready to perform for you and your family or portfolio!

  • Property Details
      • Property TypeMulti-Family
      • MLS #100437091
      • MLS #100437091
      • Cost3000000
      • Property SubtypeTriplex
      • Bathrooms5.00
      • Year Built1945
      • Bedrooms6

Location

Christina CovingtonReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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