411 Mercer Street

Oak Island, NC 28465 / Yaupon Beach

MLS ID# 100449217 Active
Single Family Residence

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$650,000

4 beds

2 baths

******** Garage

1480 sqft

0.19 acres

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• Description
• Location Information
• Property Exterior Info
• Property Interior Info
• Legal & Taxes
• Details

Description

Discover your ideal island property with a total projected income of $56,000! 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 $24,000 in its first year. Also a guest favorite, earning a 5-star rating and has bookings into fall. 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! Discover your ideal island property with a total projected income of $56,000! 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. ... show more

Location Information

• Street # 411
• Street Name Mercer
• Street Suffix Street
• County Brunswick
• City Oak Island
• StateProvince NC
• Zip Code 28465
• City Limits Yes
• Marketing City Oak Island
• Subdivision Yaupon Beach
• Secondary Subdivision N/A

Property Exterior Info

• New Construction No
• Lot Acres 0.19
• Lot SqFt 8451
• Lot Dimensions 60*142.5
• Waterfront No
• Waterview No
• Location Type Island

Property Interior Info

• SqFt - Heated (Primary) 1480
• Total SqFt - Heated (Primary + Separate) 1480
• # Baths - Full 2
• # Baths - Half 0
• # Baths - Total 2
• # Bedrooms 4
• Stories 1

Legal & Taxes

• Tax Assessed Value 282220
• Total City Real Estate Property Tax 1053.33
• Total Real Estate Property Taxes 1278.08
• Deed Book 5060
• Deed Page 246
• Legal L-16 B-HH YB PLAT N/R
• Broker Owner Yes
• PID 250CH011
• Tax Identifier 250ch011
• Plat Book N
• Plat Page R
• Lot # 16
• Special Assessments Possible Beach Nourishment
• Tax Year 2023
• Year Built 1972
• Zoning R-9
• HOA No
• Cobra Zone No
• Federal Flood Ins Avlbl Yes
• School District Brunswick County Schools
• Elementary School Southport
• Middle School South Brunswick
• High School South Brunswick

Details

• Garage & Parking

  Attached Garage Spaces:0, Detached Garage Spaces:0, Total # Garage Spaces:0, Total Carport Spaces:0, Driveway Spaces:4

• Attic

  Access Only

• Construction

  Wood Frame

• Exterior Features

  Security Lighting

• Exterior Finish

  Brick, Vinyl Siding

• Fencing

  Back Yard, Split Rail, Wood

• Foundation

  Slab

• Fuel Tank

  None

• Green Bldg Features

  Tankless Water Heater

• Parking Features

  Gravel, Off Street

• Patio and Porch Features

  Covered, Porch, Screened

• Roof

  Architectural Shingle

• Stories/Levels

  One

• Road Type/Frontage

  Paved, Public (City/Cty/St)

• Cooling

  Central

• Heating

  Heat Pump

• Heating System Fuel Source

  Electric

• Water Heater

  Electric, Tankless

• Utilities

  Municipal Sewer, Municipal Water, Sewer Connected, Water Connected

• Current Service Providers

  Internet Service Provider(s):Focus Broadband

• Appliances/Equip

  Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer

• Fireplace

  None

• Flooring

  LVT/LVP, Tile

• Interior Features

  Blinds/Shades, Ceiling Fan(s), Furnished

• Laundry Features

  Kitchen

• Heated SqFt

  1400 - 1599

• Dining Room Type

  Combination

• Rental Information

  0

• Terms

  Cash, Conventional