Oak Island, NC 28465,411 Mercer ST
Oak Island, NC 28465,411 Mercer ST
Oak Island, NC 28465,411 Mercer ST
50
$600,000
$625,000
4.0%
Est.Price: ?

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4 BD
2 BA
1,480 SqFt

411 Mercer ST Oak Island, NC 28465

Est. payment /mo
SOLD DATE : 11/08/2024

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Key Details

Sold Price $600,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 1400 - 1599

Square Footage 1,480 sqft

Price per Sqft $405

Subdivision Yaupon Beach

MLS Listing ID 100449217

Sold Date 11/08/24

Bedrooms 4

Year Built 1972

Annual Tax Amount $1,278

Lot Size 8,276 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

Zoning R-9

Rooms

Master Bedroom Primary Living Area

Dining Room Combination

Interior

Interior Features Blinds/Shades, Furnished, Ceiling Fan(s)

Heating Heat Pump

Cooling Central

Flooring LVT/LVP, Tile

Fireplaces Type None

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

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

Heat Source Electric

Laundry Kitchen

Exterior

Exterior Feature Security Lighting

Fence Back Yard, Split Rail, Wood

Utilities Available Municipal Sewer, Sewer Connected, Water Connected, Municipal Water

Amenities Available See Remarks

Roof Type Architectural Shingle

Porch Covered, Porch, Screened

Road Frontage Paved, Public (City/Cty/St)

Building

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

Story 1.0

Foundation Slab

Architectural Style Stick Built

Level or Stories One

New Construction No

Schools

School District Brunswick County Schools

Others

Tax ID 250ch011

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Possible Beach Nourishment

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Listed by Swanson Realty-Brunswick County
Bought with Landmark Sotheby's International Realty

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Megan Warden

Administrator | License ID: 297289

+1(910) 221-9077

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