Oak Island, NC 28465,411 Mercer ST
Oak Island, NC 28465,411 Mercer ST
Oak Island, NC 28465,411 Mercer ST
Oak Island, NC 28465,411 Mercer ST
Oak Island, NC 28465,411 Mercer ST
Oak Island, NC 28465,411 Mercer ST
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$ 625,000
Est. payment | /mo

4 Beds

2 Baths

1,480 SqFt


Save
$ 625,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,480 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,480 sqft

Price per Sqft $422

Subdivision Yaupon Beach

MLS Listing ID 100449217

Style Wood Frame

Bedrooms 4

Full Baths 2

HOA Y/N No

Originating Board North Carolina Regional MLS

Year Built 1972

Annual Tax Amount $1,278

Lot Size 8,451 Sqft

Acres 0.19

Lot Dimensions 60*142.5

Property Description

Discover your ideal island property with a total projected income of $56,000! Located at 411 Mercer St in the Yaupon Beach section of Oak Island, this gem is within walking distance to beach access, 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 $24,000 in its first year. Also a guest favorite, earning a 5-star rating and has bookings into fall. The back unit, Teil Castle, is currently used by the owner and projections performed by a local STR property management firm show potential 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 primary, secondary or investment opportunity!

Location

State NC

County Brunswick

Community Yaupon Beach

Zoning R-9

Direction Turn North on Mercer st from Oak Island Dr. Home is on left, sign in yard.

Location Details Island

Rooms

Primary Bedroom Level Primary Living Area

Ensuite Laundry In Kitchen

Interior

Interior Features Ceiling Fan(s), Furnished

Laundry Location In Kitchen

Heating Electric, Heat Pump

Cooling Central Air

Flooring LVT/LVP, Tile

Fireplaces Type None

Fireplace No

Window Features Blinds

Appliance Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Dryer, Disposal, Dishwasher

Laundry In Kitchen

Exterior

Garage Gravel, Off Street

Utilities Available Water Connected, Sewer Connected

Waterfront No

Roof Type Architectural Shingle

Porch Covered, Porch, Screened

Parking Type Gravel, Off Street

Building

Story 1

Entry Level One

Foundation Slab

Sewer Municipal Sewer

Water Municipal Water

New Construction No

Schools

Elementary Schools Southport

Middle Schools South Brunswick

High Schools South Brunswick

Others

Tax ID 250ch011

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Hive MLS / (NCRMLS)
Listed by Swanson Realty-Brunswick County
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(828) 447-8846

chrisstclairrealtor@gmail.com

200 Rusted Plow Trl, Trenton, NC, 28585

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411 Mercer ST