1003 Fifth ST S Carolina Beach, NC 28428
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,249 sqft
Price per Sqft $332
MLS Listing ID 100516461
Style Wood Frame
Bedrooms 7
HOA Y/N No
Year Built 1953
Annual Tax Amount $2,388
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 75'x100'x73'x100'
Property Sub-Type Triplex
Source Hive MLS
Property Description
Unit C (ground floor) is impressively spacious, featuring 3 bedrooms plus a bonus room (currently used as a 4th bedroom), 3 full bathrooms, a sunroom, large living and dining areas, walk-in closets, laundry room, and a roomy kitchen. Upstairs, Unit B boasts 2 bedrooms and 2 full bathrooms, a newly renovated kitchen with updated appliances, fresh flooring, and a private laundry area. Unit A offers 1 bedroom, 1 full bath, a large living room, and a generously sized kitchen—fully renovated in 2020.
Each unit has access to inviting porches, a large fenced backyard, and ample off-street parking. A new roof with a 10-year warranty was installed in 2020, and there's still plenty of room to grow—add a pool, additional dwelling unit, or even a pickleball court thanks to the oversized lot.
Currently operating as professionally managed Airbnb rentals, this property delivers strong cash flow and offers cost segregation tax benefits for savvy investors. Live in one unit and rent the others, or continue operating as a high-performing STR. Preferred lender credits available for qualified buyers. Reach out for more details! Total of 7 bedrooms, 6 bathrooms with over 3,250 sqft. Property comes fully furnished.
Location
State NC
County New Hanover
Community Other
Zoning R-1
Direction From S. College Rd. & Oleander Dr. head south on S. College Rd. for about 4.9 miles. S. College Rd. becomes Carolina Beach Rd. continue for 6.5 miles. Take a right onto Dow Rd. N after crossing over S
Rooms
Basement None
Interior
Interior Features None
Heating Electric, Heat Pump
Cooling Central Air
Fireplaces Type None
Furnishings Negotiable,Furnished
Fireplace No
Appliance Electric Oven, Electric Cooktop, Washer, Refrigerator, Dryer, Dishwasher
Exterior
Exterior Feature None, Balcony
Parking Features Shared Driveway, On Site, Paved
Amenities Available No Amenities
Roof Type Shingle
Porch Covered, Porch
Building
Story 2
Entry Level One,Two
Foundation Slab
Structure Type None,Balcony
New Construction No
Schools
Elementary Schools Carolina Beach
Middle Schools Murray
High Schools Ashley
Others
Tax ID R09009-017-018-001
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
