510 W St George ST Southport, NC 28461
10 Beds
9 Baths
5,262 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,262 sqft
Price per Sqft $337
Subdivision Not In Subdivision
MLS Listing ID 100552561
Style Wood Frame
Bedrooms 10
Year Built 2019
Lot Size 0.252 Acres
Acres 0.25
Lot Dimensions 61x208x57x194. 59x194x54x181
Property Sub-Type Quadruplex
Source Hive MLS
Property Description
The property currently generates $13,500/month in rental income and is grandfathered for short-term rentals--an exceptionally rare advantage in Southport.
Perfectly positioned walkable to everything, just a couple blocks from the Southport Yacht Basin and Safe Haven House, offering unmatched appeal for short-term guests. Adding to the upside is a separate 5th cottage unit (available as well), currently rented for $2,000/month, creating additional income and flexibility.
Modern construction, prime walkability, STR grandfathering, and water views combine to make this a truly irreplaceable asset--ideal for investors seeking stable cash flow with significant upside in one of the most desirable coastal towns in North Carolina.
Location
State NC
County Brunswick
Community Not In Subdivision
Zoning SP-MF
Direction Driving south on N Howe Street. Turn right onto W St. George Street. Property is on right side of street.
Location Details Mainland
Rooms
Basement None
Interior
Interior Features Kitchen Island
Heating Heat Pump, Electric, Forced Air
Cooling Central Air, Heat Pump
Flooring LVT/LVP
Furnishings Negotiable
Appliance Electric Oven, Electric Cooktop, Refrigerator
Laundry Dryer Hookup, Washer Hookup
Exterior
Parking Features Shared Driveway, Gravel
Garage Spaces 4.0
Pool None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront Description None
View Pond
Roof Type Shingle
Porch Patio, Porch
Garage No
Building
Lot Description Interior Lot
Entry Level One
Foundation Slab
Water Public, Public2
Level or Stories 1
New Construction No
Schools
Elementary Schools Southport
Middle Schools South Brunswick
High Schools South Brunswick
Others
Tax ID 237la02885
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
