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

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