1906 Oak Island Drive, Oak Island, NC 28465:
Property Description

Offered for sale in a prime location near the Scenic Walkway on 20th Street of Oak Island is this package deal to own 5 lots totaling .93 acres that currently have two income producing properties already in place. Lots 1, 2, 3, 4 and 67 are the lot numbers situated between 19th street and 20th street with all of the road frontage on E Oak Island Drive along with Lot 67 on 19th street. 1902 E Oak Island Drive is a duplex offering 1 bedroom/1 bathroom per side, this is the older unit and most of the value is in the corner lot that it is situated on. In addition another duplex at 1906 E Oak Island Drive offers 2 bedrooms and 1 bath per side. 1906 features vinyl siding and a roof less than 2 years old and offers great income potential. Note both properties are currently below market rents but the rental potential is the key, keep just 1906 and sell off the 4 other lots or renovate both duplexes and sell off the other lots or build on 5 of these lots. This is your opportunity to own a piece of Oak Island and with the 20th Street Scenic Walkway just a few steps away it makes it prime real estate out of the flood zone but just a short walk to the beach. Please note that all units are tenant occupied so appointments are required. Lot 1 is .183 acres, Lot 2 is .162 acres, Lot 3 is .226 acres, Lot 4 is .2 acres, Lot 67 is .15 acres for a total of .93 acres according to Brunswick County GIS. Call today to make it yours!

Property Info
Property Type: Multi-Family
MLS Number: 100231504
Lot Size: 0.93 Acres
Waterview: No
Status: Active
Property Sub Type: Duplex
Price: $525,000
Waterfront: No
Sale Type: None
Location Details
Community: Not In Subdivision
Road Frontage:
- Paved
- Public (City/Cty/St)
County: Brunswick
City: Oak Island
Zipcode: 28465
Street Suffix: Drive
Property Features
Roof:
- Metal
- Shingle
Air Conditioning:
- Central
- Wall/Window Unit(s)
Heating:
- Heat Pump
- Electric
- Baseboard
- Forced ai
Interior Features:
- 1st Floor Master
- Ceiling Fan(s)
Exterior Features: None
Siding:
- Block
- Vinyl Siding
Attic: None
Appliances: Stove/Oven - Electric
Floors:
- Carpet
- Concrete
- Laminate
- Vinyl
Water/Sewer:
- Municipal Sewer
- Municipal Water
1906 Oak Island Drive, Oak Island, NC 28465
$525,000
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