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508 Canal Drive

Carolina Beach, NC 28428
  • $650,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 100293225
UPDATED: 67 min ago
$650,000
  • 5
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1945
County:

School Information

Elementary School:
Middle School:
High School:

Description

THREE UNITS! MULTI FAMILY INVESTMENT PROPERTY! This three unit home has so many options for ownership with a 3/2 upstairs and TWO large 1/1 units downstairs. Live upstairs and rent the two downstairs units short or long term. OR use the entire property as multiple short term rentals like the current owner does and grossed over $75K their first year. This house has the beach character of yesteryear combined wonderfully with the modern touches and accents of today. Nicely done inside upstairs 3/2 has spacious rooms, master with en suite bath, knotty pine floors, large closets, laundry room, and newly updated kitchen in 2021 with front and back porches. The two downstairs 1/1 units have pine panelling ceilings, concrete floors, and industrial yet cozy kitchens to combine that retro beach feel with the sturdiness of a rental. New stone was laid for the generous amount of parking spots and new drainage was installed at the property. New kitchen with quartz counter tops, NEW hot water heater 2021, NEW dishwasher 2021, roof 2013, mini-splits 2019, HVAC 2019. Upstairs unit is 1478 sq ft. Downstairs units are 600 sq ft and 627 sq ft. Two exterior storage closets. Furnished! See features sheet! This property gets it all done with multiple porches and patios, steps to the beach, steps to the canal, storage, and steps to the town and boardwalk! You have to see it to believe how much it offers!

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© 2021 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 2021-11-27T17:56:23.973.
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508 Canal Drive Carolina Beach, NC 28428

  • Price: $650,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 67 min ago
  • MLS #: 100293225
5
Beds
4
Baths
0
½ Baths
0.14
Acres
1945
Built
Neighborhood:
Other
County:
New Hanover
Area:
Carolina Beach
Elementary School:
Carolina Beach
Middle School:
Murray
High School:
Ashley
Property Description
THREE UNITS! MULTI FAMILY INVESTMENT PROPERTY! This three unit home has so many options for ownership with a 3/2 upstairs and TWO large 1/1 units downstairs. Live upstairs and rent the two downstairs units short or long term. OR use the entire property as multiple short term rentals like the current owner does and grossed over $75K their first year. This house has the beach character of yesteryear combined wonderfully with the modern touches and accents of today. Nicely done inside upstairs 3/2 has spacious rooms, master with en suite bath, knotty pine floors, large closets, laundry room, and newly updated kitchen in 2021 with front and back porches. The two downstairs 1/1 units have pine panelling ceilings, concrete floors, and industrial yet cozy kitchens to combine that retro beach feel with the sturdiness of a rental. New stone was laid for the generous amount of parking spots and new drainage was installed at the property. New kitchen with quartz counter tops, NEW hot water heater 2021, NEW dishwasher 2021, roof 2013, mini-splits 2019, HVAC 2019. Upstairs unit is 1478 sq ft. Downstairs units are 600 sq ft and 627 sq ft. Two exterior storage closets. Furnished! See features sheet! This property gets it all done with multiple porches and patios, steps to the beach, steps to the canal, storage, and steps to the town and boardwalk! You have to see it to believe how much it offers!
Exterior Features

Attached Garage Spaces 0.00 Construction BlockWood Frame Detached Garage Spac 0.00 Driveway Spaces 6.00 Exterior Features None Exterior Finish BlockWood Siding Fencing None Foundation Slab Location Type Island Lot Dimensions 50 X 125 Lot Sq Ft 6098.00 Lot Water Features Canal View Parking Driveway Off StreetOn SiteUnpaved Pool Spa None Porch Balcony Deck CoveredDeckPatioPorch Road Type Frontage Public (City/Cty/St) Roof Architectural Shingle Rv Boat Spaces 2.00 Total Carport Spaces 0.00 Waterfront No Waterview Yes

Interior Features

1 Bedroom Appliances RefrigeratorSee Remarks 1 Bedroom Cooling Wall/Window Unit 1 Bedroom Features KitchenLiving RoomPatio/Balcony/Deck 1 Bedroom Heating ElectricSee Remarks 1 Bedroom Units Avg Sqft 627 1 Bedroom Units Full Baths 1 1 Bedroom Units Half Baths 0 1 Bedroom Units Total Rooms 3 2 Bedroom Cooling See RemarksWall/Window Unit 2 Bedroom Heating ElectricSee Remarks 2 Bedroom Units Avg Sqft 600 2 Bedroom Units Full Baths 1 2 Bedroom Units Half Baths 0 2 Bedroom Units Total Rooms 3 Appliances Equipment DishwasherDisposalDryerMicrowave - Built-InRefrigeratorStove/Oven - ElectricWasher Attic Attic Fan Basement None Cooling System Attic FansCentralWall/Window Unit(S) Dining Room Type Combination Efficiency Apartment Avg Sqft 1478 Efficiency Apartment Full Baths 2 Efficiency Apartment Half Baths 0 Efficiency Apartment Rent 0.00 Efficiency Apartment Total Rooms 5 Efficiency Appliance DishwasherDryerRefrigeratorSee RemarksStove/Oven - ElectricWasher Efficiency Features Dining RoomExtra StorageFireplaceKitchenLiving RoomPatio/Balcony/DeckUtility Room Efficiency Heating ElectricHeat PumpSee Remarks Fireplace 1 Flooring ConcreteTileWood Heating System ElectricHeat Pump Interior Features 2nd KitchenApt/SuiteBlinds/ShadesCeiling Fan(S)FurnishedMud RoomSmoke DetectorsWalk-In Shower Laundry Location Room Stories Levels 2nd Floor Water Heater Electric

Property Features

1 Bedroom Rent Freq Weekly 1 Bedroom Units Occupied No 1 Bedroom Units Rent 0.00 2 Bedroom Rent Freq Weekly 2 Bedroom Units Occupied No 2 Bedroom Units Rent 0.00 Accessibility Accessible Entrance Auction No City Limits Yes Cobra Zone No County Taxes 2079.20 Efficiency Apartment Occupied No Efficiency Rent Freq Weekly Electric Provider Duke Progress Energy Federal Flood Ins Available Yes Financials Available Yes Fuel Tank None Green Building Features None Gross Rental Income Year Collected 75000 Hoa And Neighborhood Amenities See Remarks Hoa YN No Multifamily Sub Type Triplex New Construction No Possession At Closing Property Management Company No Property Taxes 2079.20 Secondary Subdivision N/A Sewer Provider City/Town Stipulation Of Sale None Tax Year 2021 Terms CashConventionalFha Water Provider City/Town Water Sewer Municipal SewerMunicipal Water Zoning R-1



Listing information © 2021 NCRMLS
Listing provided courtesy of Karen E Drechsel of Intracoastal Realty Corp.


© 2021 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 2021-11-27T17:56:23.973.
 
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