133 SE 48th Street
Property Description
THREE INCOME-PRODUCING RENTAL UNITS! OCEAN VIEWS! OVERLOOKING MIDDLETON PARK! Unique opportunity to own a triplex in the heart of Oak Island featuring three separate two-story units, each with its own private entrance. With all units currently occupied, this property offers established rental income from day one while providing exceptional flexibility for future use. Whether you're looking to continue operating all three units as income-producing rentals, occupy one unit while renting the others, or create the perfect coastal getaway with built-in income potential, the possibilities are endless with this one-of-a-kind property. Relax--own a piece of Oak Island while rental income helps make beach ownership a breeze. Ideally positioned with ocean views and overlooking Middleton Park, owners and tenants enjoy front-row access to many of Oak Island's most popular events, including the summer concert series, farmers markets, festivals, pickleball courts, tennis courts, ball fields, playgrounds, and recreational amenities. Public beach access is just a short distance away, making it easy to enjoy the best of island living. Located in the center of Oak Island, you'll also enjoy convenient access to local restaurants, shopping, entertainment, and area attractions. Just minutes from the historic waterfront town of Southport, known for its boutique shopping, waterfront dining, and coastal charm, this location offers the best of beach living. Conveniently situated between Wilmington, NC and Myrtle Beach, SC, owners enjoy easy access to airports, entertainment, healthcare, and everything the Carolina coast has to offer. Whether you're searching for a proven investment property, a multi-generational beach retreat, or a second home with income potential, this unique Oak Island triplex delivers location, flexibility, and opportunity in one of North Carolina's most desirable coastal communities.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $850,000 |
| No. of Units: | 3 |
| Year Built: | 1985 |
| Lot Size: | 2,208.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $283,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 3 |
ID: 3yd-HIVEMLSNC-100580696
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