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52
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411 Mercer Street, Oak Island, NC 28465
$650,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
2
baths
1,480
sqft
Built in
1972
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!
Features & Amenities
Interior
- General:
- Blinds/Shades,Ceiling Fan(s),Furnished
- Flooring:
- LVT/LVP,Tile
- A/C:
- Central
- Heating:
- Heat Pump, Electric
Exterior
- General:
- Security Lighting
Construction
- Roofing:
- Architectural Shingle
Location
- County:
- Brunswick
Lot
- Zoning:
- R-9, L-16 B-HH YB PLAT N/R, 250ch011
This listing courtesy of:
Swanson Realty-Brunswick County
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Oak Island, NC
Housing
- Number of Units
- 9,752
- Median Home Value
- $303,264
- Median Rent
- $883
13.35% of housing units are renter occupied.
55.63% are vacant.
Commute
- Car
-
60.25%
- Public Transportation
-
0.45%
- Walk to Work
-
0.14%
- Work from Home
-
37.36%
- Other
-
1.25%
The median travel time to work is 15 minutes.
People
- Population
- 8,782
- Median Age
- 60.10
- Median Household Size
- 2.38
Education
- High School
-
19.18%
- Associate’s Degree
-
11.47%
- Bachelor’s Degree
-
26.97%
- Graduate Degree
-
16.75%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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