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118 NE 16th Street

Oak Island, NC 28465
  • $564,000
  • STATUS: Active
  • ON SITE: 90 Days
  • MLS #: 100336874
UPDATED: 25 min ago
$564,000
  • 3
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,273
    SQFT
  • $443
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2011
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

AVAILABLE! Start your Fall off with the perfect investment property! Presenting this three-bedroom, two bath piling home with a separate space that can be used as an efficiency apartment!! This home has a total of 1,814 sqft, and ideal for renting as a four-bedroom short-term rental. Or use the primary floor as your main residence and rent the efficiency apartment for extra income! The current base-line rental projection is $35,000/year with the opportunity to increase that number significantly by allowing pets and a golf cart! One-year home warranty to be provided with purchase! Not in a flood zone!This 2011, Buff Builders home, is in the best central location on the island! Quiet, laid back and away from the hustle and bustle of the commercial businesses. Conveniently located near a canal crossover, making the beach and pier approximately two blocks from your new home! The ground level provides ample space for cars, trucks, boats or hosting your very own summer sunset mingle. Travel upstairs to the classic covered large front porch that is the perfect place to listen to the echoes of the sea and feel the salt air breeze. Enter the front door to the open-concept living room and dining room boasting light hardwood floors. This cozy home features bullnose sheetrock, tall ceilings and heavy-duty coastal shutter blinds.The quaint kitchen features all stainless-steel Frigidaire appliances, tall 37-inch cabinets for plenty of space, and easy to maintain ceramic tile floor.The best place in the house is the main suite! The main suite features a walk-in closet, large bathroom and dual vanity. However, from your bedroom, you can access the large 16x11 back deck! When you step outside, take a deep breath and listen to all the nature surrounding you. The decking is TRX style, which is easy to maintain with a longer life expectancy than wood. Go to the beach during the day, shake off the sand, and enjoy the starlit sky at night from your deck.The large fenced in yard features a freestanding storage building for all your tools, fishing gear or summer supplies. Irrigation is in place. You can even rinse away the salt and sand in the private outdoor shower on the ground level. The town of Oak Island has all the amenities you could ask for! Featuring a town recreation center, splash pad, butterfly garden, covered pavilion, dog park, and boat launches! It is a short drive to Middleton Park for the summer concert series, Sunset Slush, the BBQ House, Kai Joe's, the brand-new Publix grocery store and much more! 35 miles from Wilmington International Airport and 32 miles from Downtown Historical Wilmington. (Rental projections are obtained from a third-party company and results are not guaranteed, full projection is available upon request).

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© 2022 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2022-09-30T12:02:24.807.
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118 NE 16th Street Oak Island, NC 28465

  • Price: $564,000
  • Status: Active
  • On Site: 90 Days
  • Updated: 25 min ago
  • MLS #: 100336874
3
Beds
2
Baths
0
½ Baths
0.15
Acres
1,273
SQFT
$443
$/SQFT
2011
Built
Neighborhood:
Tranquil Harbor
County:
Brunswick
Area:
Oak Island
Elementary School:
Southport
Middle School:
South Brunswick
High School:
South Brunswick
Property Description
AVAILABLE! Start your Fall off with the perfect investment property! Presenting this three-bedroom, two bath piling home with a separate space that can be used as an efficiency apartment!! This home has a total of 1,814 sqft, and ideal for renting as a four-bedroom short-term rental. Or use the primary floor as your main residence and rent the efficiency apartment for extra income! The current base-line rental projection is $35,000/year with the opportunity to increase that number significantly by allowing pets and a golf cart! One-year home warranty to be provided with purchase! Not in a flood zone!This 2011, Buff Builders home, is in the best central location on the island! Quiet, laid back and away from the hustle and bustle of the commercial businesses. Conveniently located near a canal crossover, making the beach and pier approximately two blocks from your new home! The ground level provides ample space for cars, trucks, boats or hosting your very own summer sunset mingle. Travel upstairs to the classic covered large front porch that is the perfect place to listen to the echoes of the sea and feel the salt air breeze. Enter the front door to the open-concept living room and dining room boasting light hardwood floors. This cozy home features bullnose sheetrock, tall ceilings and heavy-duty coastal shutter blinds.The quaint kitchen features all stainless-steel Frigidaire appliances, tall 37-inch cabinets for plenty of space, and easy to maintain ceramic tile floor.The best place in the house is the main suite! The main suite features a walk-in closet, large bathroom and dual vanity. However, from your bedroom, you can access the large 16x11 back deck! When you step outside, take a deep breath and listen to all the nature surrounding you. The decking is TRX style, which is easy to maintain with a longer life expectancy than wood. Go to the beach during the day, shake off the sand, and enjoy the starlit sky at night from your deck.The large fenced in yard features a freestanding storage building for all your tools, fishing gear or summer supplies. Irrigation is in place. You can even rinse away the salt and sand in the private outdoor shower on the ground level. The town of Oak Island has all the amenities you could ask for! Featuring a town recreation center, splash pad, butterfly garden, covered pavilion, dog park, and boat launches! It is a short drive to Middleton Park for the summer concert series, Sunset Slush, the BBQ House, Kai Joe's, the brand-new Publix grocery store and much more! 35 miles from Wilmington International Airport and 32 miles from Downtown Historical Wilmington. (Rental projections are obtained from a third-party company and results are not guaranteed, full projection is available upon request).
Exterior Features

Attached Garage Spaces 0.00 Construction Wood Frame Construction Type Stick Built Detached Garage Spaces 0.00 Exterior Features Irrigation SystemOutdoor Shower Exterior Finish Vinyl Siding Fencing Back YardWood Foundation Pilings Location Type Island Lot Description Level Lot Dimensions 55X120x55x120 Parking Driveway Concrete Pool Spa None Porch Balcony Deck BalconyCoveredPorch Road Type Frontage MaintainedPublic (City/Cty/St) Roof Architectural Shingle Total Carport Spaces 0.00 Waterfront No

Interior Features

Appliances Equipment Cooktop - ElectricDishwasherDisposalMicrowave - Built-InRefrigerator Attic Access Only Basement None Cooling System CentralHeat Pump Dining Room Type Combination Fireplace None Flooring TileWood Heated Sq Ft Range 1200 - 1399 Heating System Heat Pump Interior Features 9Ft+ CeilingsBlinds/ShadesSmoke DetectorsWalk-In Closet Laundry Location ClosetHookup - DryerHookup - Washer Master Bedroom Location Primary Living Area Number Rooms 5 Stories Levels One Water Heater Gas Electric

Property Features

Accessibility None Auction No City Limits Yes Cobra Zone No Fuel Tank None Hoa And Neighborhood Amenities No Amenities Hoa YN No Home Warranty Amount 600.00 Home Warranty Company 2-10 Home Warranty Termite Home Warranty/Seller New Construction No Property Taxes 1771.20 Residential Sub Type Single Family Residence Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2021 Terms CashConventionalFha Water Sewer Municipal SewerMunicipal Water Zoning R



Listing information © 2022 NCRMLS
Listing courtesy of Crystal R Mcdaniel of Palm Realty, Inc.: (910) 477-3641.


© 2022 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2022-09-30T12:02:24.807.
 
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