360 Island Road
Property Description
Income potential meets coastal freedom on Harkers Island. This rare triplex at 360 Island Road offers three separate units--two already suited for short-term rental use--plus a bonus meter for future expansion, all with no known restrictions found in over 20 years of deed history. Located on the main road through Harkers Island, this versatile triplex presents a unique opportunity for investors, second-home buyers, or those looking to offset ownership costs with rental income. The property features three individual units, each with its own electrical meter, providing flexibility for separate rentals or multi-generational use. Two units are already configured for short-term rental potential, while the third unit is vacant and rent-ready--ideal for long-term tenancy or easy conversion into an additional short-term rental. An additional electrical meter located towards the back of the property opens the door for future possibilities such as a camper, RV, or tiny home setup (buyer to verify). The current owner has relied primarily on word-of-mouth bookings, leaving significant opportunity for increased revenue through online platforms and optimized management. Recent updates include durable LVP flooring throughout all units & fresh pain in unit 1, offering a low-maintenance, modern appeal for both long- and short-term tenants. Whether you're looking to build a coastal rental portfolio, create a house-hacking scenario, or establish a flexible income-producing retreat near the water, this property offers a rare combination of existing infrastructure, expansion potential, and location appeal.
Broker Details
Keller Williams Realty (252) 637-2010
MLS ID: 568001307 State License Number: 314361
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $750,000 |
| No. of Units: | 3 |
| Year Built: | 1969 |
| Lot Size: | 2,643.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $250,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 3 |
ID: 3yd-HIVEMLSNC-100565478
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout