$1,079,000
 $5,629 est/mo Sourced by Back At You

1003 Fifth Street,Carolina Beach, NC 28428

Carolina Beach, NC 28428

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Description

Opportunity knocks with this updated triplex perfectly situated just blocks from the beach, boardwalk, and Carolina Beach Elementary! Sitting on an oversized 1.5-lot parcel, this versatile home offers serious investment potentialideal for house hacking, short- or long-term rentals, or even owner occupancy. Unit C (ground floor) is impressively spacious, featuring 3 bedrooms plus a bonus room (currently used as a 4th bedroom), 3 full bathrooms, a sunroom, large living and dining areas, walk-in closets, laundry room, and a roomy kitchen. Upstairs, Unit B boasts 2 bedrooms and 2 full bathrooms, a newly renovated kitchen with updated appliances, fresh flooring, and a private laundry area. Unit A offers 1 bedroom, 1 full bath, a large living room, and a generously sized kitchenfully renovated in 2020. Each unit has access to inviting porches, a large fenced backyard, and ample off-street parking. A new roof with a 10-year warranty was installed in 2020, and there's still plenty of room to growadd a pool, additional dwelling unit, or even a pickleball court thanks to the oversized lot. Currently operating as professionally managed Airbnb rentals, this property delivers strong cash flow and offers cost segregation tax benefits for savvy investors. Live in one unit and rent the others, or continue operating as a high-performing STR. Preferred lender credits available for qualified buyers. Reach out for more details! Total of 7 bedrooms, 6 bathrooms with over 3,250 sqft. Property comes fully furnished.

Details

MLS #100516461
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending With Showings
Year1953
Days On Site19
Listing Provided ByKeller Williams Innovate-Wilmington | The Domenico Grillo Real Estate Team

Features

Bed(s)7
Bath(s)6
N/A3,249
Story(s)2
Units3
ZoningR-1
Acreage0.24

Interior

Cooling Yes / NoYes
CoolingCentral Air
Heating Yes / NoYes
HeatingElectric, Heat Pump
Interior FeaturesNone
FurnishedNegotiable, Furnished
AppliancesElectric Oven, Electric Cooktop, Washer, Refrigerator, Dryer, Dishwasher

Exterior

Exterior FeaturesNone, Balcony
RoofShingle
Security FeaturesSmoke Detector(s)
Construction MaterialsWood Siding
Foundation DetailsSlab

Parking

Attached Garage Yes / NoNo
Parking FeaturesShared Driveway, On Site, Paved

Taxes

Property2388

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Learn More About This Property

StateNC
CountyNew Hanover
CityCarolina Beach
Zip Code28428
AreaNew Hanover
Community NameOther
School DistrictAshley
Elementary SchoolCarolina Beach
Middle SchoolMurray
High SchoolAshley
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $809K - $1.348M
SqFt: 2,000 - 4,000
Listing Updated: July 11, 2025 at 9:09:14 AM PDT