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Off market
  • $1,177,300

    5414 Ocean Dr, Emerald Isle, NC 28594

    4beds
    1,610sqft
    MultiFamily
    Built in 1976
    -- sqft lot
    $1,177,300 Zestimate®
    $731/sqft
    $1,987 Estimated rent

    What's special

    Turn-Key Beach Investment: 3 units x $5k/mo x 6mo rental season $90k / year for a focused investor (~5k/mo per unit) Remote Workers: Live in one unit and rent 2 = $60k /annum - if you can resist inviting friends to stay with you ;o) This Emerald Isle multi-family second row features 6 Bedrooms and 4 baths in three separate living areas with beach access across the street. The lower level has a large 2 car garage, laundry room, 2 bedrooms 2 baths and kitchen/living area. The 2nd level units each have 2 BR/1 BA and a kitchen/living area with ocean views. This is an original EI beach cottage, situated on a large 2nd row lot in the heart of Emerald Isle. Current owners occupy the lower unit and the other two are very profitable ABNBs during the (Apr-Sep) rental season. The property is being sold furnished and features a front yard volleyball court, lots of off-street parking, two fire pit areas & proven profitable AirBNB units in a wonderful neighborhood with great school districts & the island public boat ramp 1.2mi away.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat pump, Wall
    Cooling
    • Central, Wall
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: None
    Interior area
    • Total interior livable area: 1,610 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Garage - Attached, Off-street
    Features
    • Exterior features: Vinyl, Wood
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 630418418386000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1976

    Community & neighborhood

    Location
    • Region: Emerald Isle
    Services availability