$650,000
For Sale

411 Mercer Street

Oak Island, NC 28465
1480 sqft | 4 beds | 2.00 baths | 0.19 acres | #100449217
Browse 52 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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!

  • Interior Details
      • HeatingHeat Pump
      • CoolingCentral
    • Beds & Baths
      • Bathrooms2.00
      • Bedrooms4
  • Property Details
      • Stories1.0
    • Measurements
      • Square Feet1480.00
      • Acres0.19
    • Parking
      • ParkingGravel, Off Street
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1972
    • Material information
      • RoofArchitectural Shingle
  • Utilities / Energy Details
      • WaterElectric, Tankless
  • Community and Neighborhood Details
      • SubdivisionYaupon Beach
    • Location
      • CountyBrunswick
      • ZoningR-9
  • Other
      • MLS #100449217

Location

Desiree TaronTaron Realty Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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