$2,495,000
 $13,015 est/mo Sourced by Back At You

12 Nathan Street,Wrightsville Beach, NC 28480

Wrightsville Beach, NC 28480

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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 Beachdon't miss your chance to invest in one of North Carolina's most desirable beach communities.

Details

MLS #100513730
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1941
Days On Site27
Listing Provided ByCadence Realty Corporation | Ross Tomaselli

Features

Bed(s)8
Bath(s)6
N/A3,682
Story(s)2
Units4
ZoningR2
Acreage0.11
Property ViewSound View, Ocean

Interior

Cooling Yes / NoYes
CoolingWall/Window Unit(s)
Heating Yes / NoYes
HeatingPropane, Forced Air
Interior FeaturesCeiling Fan(s)

Exterior

RoofArchitectural Shingle
Construction MaterialsBlock, Asbestos
Foundation DetailsBlock

Parking

Attached Garage Yes / NoNo
Parking FeaturesGravel, Aggregate

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Learn More About This Property

StateNC
CountyNew Hanover
CityWrightsville Beach
Zip Code28480
AreaNew Hanover
Community NameNot In Subdivision
School DistrictHoggard
Elementary SchoolWrightsville Beach
Middle SchoolNoble
High SchoolHoggard
Sourced by Back At You
Listing Updated: July 2, 2025 at 5:22:59 PM PDT