Active
411 Mercer Street
Oak Island NC, 28465
$650,000
$439.19 per sqft
Active
4 Beds
2 Baths
1,480 sqft
Residential
Built in 1972
Discover your ideal island property! 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 $21,000 after fees paid out to owners in its first year. Also a guest favorite, earning a 5-star rating and has bookings into August. 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!
100449217
MLSⓇ ID
June 8, 2024
Listed
July 4, 2024
Updated
Map
411 Mercer Street
Oak Island NC, 28465
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Interior Features
Ceiling Fan(s), Furnished
Appliances
Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Dryer, Disposal, Dishwasher
Laundry Description
In Kitchen
Floor Description
LVT/LVP, Tile
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric, Heat Pump
Exterior/Building Features
Lot Size
0.19 Acres
Roof
Architectural Shingle
Sewer
Municipal Sewer
School Information
School District
Brunswick County Schools
Other Property Details
Taxes
$1,278
Tax Frequency
Annually
Days on Market
18
Association Amenities
See Remarks
Garage
No
Parking
Gravel, Off Street
Parking Total
0
View
No
County
Brunswick
Water Source
Municipal Water
Pool
No
Zoning
R-9
Listing History
Date | Event | Price |
---|---|---|
6/24/2024 | Price Change | $650,000 -7% |
Courtesy of Swanson Realty-Brunswick County with Josh R Roth,
Listing Contact: 336-501-1655
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Data last updated 12:25 AM UTC, 7/4/2024