12 Nathan ST Active Save Request In-Person Tour Request Virtual Tour
Wrightsville Beach,NC 28480
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,682 sqft
Price per Sqft $677
Subdivision Not In Subdivision
MLS Listing ID 100513730
Bedrooms 8
Year Built 1941
Lot Size 4,792 Sqft
Property Sub-Type Quadruplex
Property Description
Introducing one of the most unique investment offerings on Wrightsville Beach. Located just steps from the sand, 12 Nathan Street features six grandfathered rental units on a valuable 50x90 R2-zoned lot.
The property includes:
Four 1-bedroom units in the main house
Two 2-bedroom units in a detached accessory dwelling unit (ADU)
All six units are currently leased at strong rental rates, providing immediate cash flow. Detailed financials are available upon request.
This is a unique opportunity to:
Renovate and reposition the property as a high-yield short-term rental portfolio, capitalizing on Wrightsville Beach's thriving vacation market
Or, for developers, redevelop the lot into a luxury duplex with potential ocean views to the east over Crystal Pier and west-facing views of Banks Channel
Short-term rental projections available from MiraMar Vacation Rentals upon request. Opportunities of this scale and flexibility are seldom available in Wrightsville Beach—don't miss your chance to invest in one of North Carolina's most desirable beach communities.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning R2
Interior
Heating Propane,Forced Air
Cooling Wall/Window Unit(s)
Fireplaces Type None
Exterior
Parking Features Gravel,Aggregate
Waterfront Description None
View Sound View,Ocean
Roof Type Architectural Shingle
Building
Story 2
Foundation Block
New Construction No
Schools
Elementary Schools Wrightsville Beach
Middle Schools Noble
High Schools Hoggard