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5 Oceanic Street

Wrightsville Beach, NC 28480
  • $3,000,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 100437091
UPDATED: 81 min ago
$3,000,000
  • 6
    BEDS
  • 0.08
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1945
County:

School Information

Elementary School:
Middle School:
High School:

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!

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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 2024-05-23T19:57:27.737.
www.lindarike.com/homes/149504263
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5 Oceanic Street Wrightsville Beach, NC 28480

  • Price: $3,000,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 81 min ago
  • MLS #: 100437091
6
Beds
5
Baths
0
½ Baths
0.08
Acres
1945
Built
Neighborhood:
Not In Subdivision
County:
New Hanover
Area:
Wrightsville Beach
Elementary School:
Wrightsville Beach
Middle School:
Noble
High School:
Hoggard
Property 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!
Exterior Features

Attached Garage Spaces 0.00 Construction Block Detached Garage Spac 0.00 Driveway Spaces 4.00 Exterior Features None Exterior Finish BlockVinyl SidingWood Siding Fencing Back YardPartialWood Foundation Slab Location Type Island Lot Description See Remarks Lot Dimensions 64x55x64x55 Lot Sq Ft 3528.00 Lot Water Features Ocean Side Parking Driveway Off StreetOn SiteShared Porch Balcony Deck BalconyCoveredDeckPatioPorchSee Remarks Road Type Frontage Public (City/Cty/St) Roof Architectural Shingle Total Carport Spaces 0.00 Waterfront No Waterview Yes

Interior Features

1 Bedroom Appliances Cooktop - ElectricDishwasherMicrowave Built-InRefrigeratorStove/Oven - ElectricVent Hood 1 Bedroom Cooling Central 1 Bedroom Features KitchenLiving RoomPatio/Balcony/DeckW/D Hookup 1 Bedroom Heating ElectricHeat Pump 1 Bedroom Units Avg Sqft 778 1 Bedroom Units Full Baths 1 1 Bedroom Units Half Baths 0 1 Bedroom Units Total Rooms 4 2 Bedroom Appliances Cooktop - ElectricDishwasherMicrowave Built-InRefrigeratorStove/Oven - Electric 2 Bedroom Cooling Central 2 Bedroom Features Dining RoomExtra StorageKitchenLiving RoomPatio/Balcony/DeckW/D Hookup 2 Bedroom Heating ElectricHeat Pump 2 Bedroom Units Avg Sqft 1329 2 Bedroom Units Full Baths 2 2 Bedroom Units Half Baths 1 2 Bedroom Units Total Rooms 4 Appliances Equipment Cooktop - ElectricDishwasherSee RemarksStove/Oven - ElectricVent Hood Attic Access Only Basement None Cooling System Central Dining Room Type Kitchen Efficiency Apartment Avg Sqft 753 Efficiency Apartment Full Baths 1 Efficiency Apartment Half Baths 0 Efficiency Apartment Rent 4000.00 Efficiency Apartment Total Rooms 4 Efficiency Appliance Cooktop - ElectricDishwasherMicrowave Built-InRefrigeratorStove/Oven - ElectricVent Hood Efficiency Features Living RoomPatio/Balcony/DeckW/D Hookup Efficiency Heating ElectricHeat Pump Fireplace None Flooring TileWood Heating System Heat Pump Interior Features 1st Floor Master2nd KitchenApt/SuiteBlinds/ShadesCeiling Fan(s)FurnishedKitchen IslandPantrySmoke DetectorsWalk-in ShowerWash/Dry Connect Laundry Location ClosetHallHookup - DryerHookup - Washer Stories Levels 2nd Floor Water Heater Electric

Property Features

1 Bedroom Rent Freq Monthly 1 Bedroom Units Occupied Yes 1 Bedroom Units Rent 4000.00 2 Bedroom Rent Freq Monthly 2 Bedroom Units Occupied Yes 2 Bedroom Units Rent 6000.00 Accessibility None City Limits Yes Cobra Zone No Efficiency Apartment Occupied Yes Efficiency Rent Freq Monthly Financials Available Yes Frontage Type See Remarks Fuel Tank None Heating System Fuel Source Electric Hoa And Neighborhood Amenities No Amenities Hoa YN No Multifamily Sub Type Triplex New Construction No Possession At ClosingNegotiableSee RemarksSubject To Tenant Rights Property Management Company Yes Property Taxes 4040.14 Secondary Subdivision N/A Sewer Connected Stipulation Of Sale None Tax Year 2023 Terms CashConventionalSeller Financing View Type Canal ViewOcean ViewSee RemarksSound ViewWater View Water Sewer Municipal SewerMunicipal Water Zoning R-2-WB



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of Christian Cardamone of Keller Williams Innovate-Wilmington: (910) 777-2200.


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 2024-05-23T19:57:27.737.
 
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Linda Rike Real Estate
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Morehead City NC, 28557