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5 Oceanic Street, Wrightsville Beach, NC 28480

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For Sale

$3,000,000

6 beds • 3,041 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $986.52
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# 100437091

Courtesy Of Red Realty Investors, LLC

(910) 777-2200

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Porch, Patio
  • Appliances
    Cooktop - Electric, Dishwasher, Oven, Vent Hood
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Block, Vinyl Siding, Wood Siding
  • Floor Covering
    Tile, Wood
  • Heating Fuel
    Electric
  • Heating System
    Heat Pump
  • Lot Size
    0.08 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom
  • View Type
    Ocean, Water

Map and Directions

Directions to 5 Oceanic Street, Wrightsville Beach, NC 28480

Home seller CENTURY 21 Coastal Advantage

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Coastal Advantage

(910) 328-2511
Learn More About Us

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Copyright © 2024 NCRMLS/ Cape Fear Realtors MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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