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411 Mercer Street

Oak Island, NC 28465
  • $695,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 100449217
UPDATED: 233 min ago
$695,000
  • 4
    BEDS
  • 0.19
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,480
    SQFT
  • $470
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1972
County:
Area:

School Ratings & Info

School District:

Description

Discover your ideal island property! Located at 411 Mercer St in the Yaupon Beach section of Oak Island, this gem is within walking distance to restaurants, shopping, ice cream shops, and bars. Nestled just 0.4 miles from Southeast North Carolina's sandy coast, this duplex offers a prime location and modern amenities.Completely remodeled from the studs in 2022/23, both units are equipped with contemporary comforts. The front unit, known as Duck Dive OKI, is a popular Airbnb listing that generated $21,000 in its first year, earning a 5-star guest favorite rating and has bookings into August. The back unit, Teil Castle, is currently used by the owner but projects an annual rental income of $31,000.System upgrades include new plumbing, electrical, roofing (including sheathing), and HVAC systems. Both units feature tankless electric water heaters, individual water and electric meters, and can lighting throughout with dimmers in the back unit, both inside and out. The roof and hvac systems have transferable warranties as well as a transferable termite bond.The property benefits from cost savings with one tax parcel, one insurance policy, and is being sold furnished (with exclusions). Each unit has separate off-street parking and wash stations for returning from the beach. The back unit boasts a permitted 12x26 screened porch, an 8x16 side porch, a fenced backyard, a shed wired for electricity, and an outdoor shower. Additionally, it features a reverse osmosis drinking water system.This duplex is a perfect blend of convenience, modern upgrades, and coastal charm, making it an excellent investment opportunity!

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Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-06-18T00:02:24.397.
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411 Mercer Street Oak Island, NC 28465

  • Price: $695,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 233 min ago
  • MLS #: 100449217
4
Beds
2
Baths
0
½ Baths
0.19
Acres
1,480
SQFT
$470
$/SQFT
1972
Built
Neighborhood:
Yaupon Beach
County:
Brunswick
Area:
Oak Island
School District:
Brunswick County Schools
Property Description
Discover your ideal island property! Located at 411 Mercer St in the Yaupon Beach section of Oak Island, this gem is within walking distance to restaurants, shopping, ice cream shops, and bars. Nestled just 0.4 miles from Southeast North Carolina's sandy coast, this duplex offers a prime location and modern amenities.Completely remodeled from the studs in 2022/23, both units are equipped with contemporary comforts. The front unit, known as Duck Dive OKI, is a popular Airbnb listing that generated $21,000 in its first year, earning a 5-star guest favorite rating and has bookings into August. The back unit, Teil Castle, is currently used by the owner but projects an annual rental income of $31,000.System upgrades include new plumbing, electrical, roofing (including sheathing), and HVAC systems. Both units feature tankless electric water heaters, individual water and electric meters, and can lighting throughout with dimmers in the back unit, both inside and out. The roof and hvac systems have transferable warranties as well as a transferable termite bond.The property benefits from cost savings with one tax parcel, one insurance policy, and is being sold furnished (with exclusions). Each unit has separate off-street parking and wash stations for returning from the beach. The back unit boasts a permitted 12x26 screened porch, an 8x16 side porch, a fenced backyard, a shed wired for electricity, and an outdoor shower. Additionally, it features a reverse osmosis drinking water system.This duplex is a perfect blend of convenience, modern upgrades, and coastal charm, making it an excellent investment opportunity!
Exterior Features

Attached Garage Spaces 0.00 Construction Wood Frame Construction Type Stick Built Detached Garage Spaces 0.00 Driveway Spaces 4.00 Exterior Features Security Lighting Exterior Finish BrickVinyl Siding Fencing Back YardSplit RailWood Foundation Slab Location Type Island Lot Dimensions 60*142.5 Parking Driveway GravelOff Street Porch Balcony Deck CoveredPorchScreened Road Type Frontage PavedPublic (City/Cty/St) Roof Architectural Shingle Total Carport Spaces 0.00 Waterfront No Waterview No

Interior Features

Appliances Equipment DishwasherDisposalDryerMicrowave - Built-InRefrigeratorStove/Oven - ElectricWasher Attic Access Only Cooling System Central Dining Room Type Combination Fireplace None Flooring LVT/LVPTile Heated Sq Ft Range 1400 - 1599 Heating System Heat Pump Interior Features Blinds/ShadesCeiling Fan(s)Furnished Laundry Location Kitchen Master Bedroom Location Primary Living Area Number Rooms 12 Stories Levels One Water Heater Gas ElectricTankless

Property Features

City Limits Yes Cobra Zone No Federal Flood Insurance Available Yes Fuel Tank None Green Building Features Tankless Water Heater Heating System Fuel Source Electric Hoa And Neighborhood Amenities See Remarks Hoa YN No New Construction No Property Taxes 1278.08 Residential Sub Type Single Family Residence Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2023 Terms CashConventional Total City Real Estate Property Tax 1053.33 Water Sewer Municipal SewerMunicipal WaterSewer ConnectedWater Connected Zoning R-9



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of Josh Roth of Swanson Realty-Brunswick County: (910) 454-4450.


Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-06-18T00:02:24.397.
 
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