Rental Income

148 3rd Street, Oak Island

$450,000

Bedroom 6 bedrooms

  • Listing ID #: 100530095
  • Status: Pending
  • Address: 148 3rd Street, Oak Island, NC 28465
  • Date Listed: 9/11/2025
  • Days on Market: 370
  • Acres: 0.15
  • Stipulations: Standard
  • Subdivision: Tranquil Harbor

Location Location

Agent Comments Agent Comments
PHENOMENAL INVESTMENT OPPORTUNITY! This tenant occupied 6 Bedroom, 2 Full Bathroom duplex provides 3 Bedrooms and 1 Full Bathroom on each side generating steady monthly rental income for its Owner. That's right, the ready-made gross rental income currently stands at $34,200 annually with recent renovations made to the front side unit. This property is located just 0.9 miles to the beach and just three blocks from easy on and off access to the island via the newer Middleton Street bridge, and a short distance to all the island's goods and services. Come view your next great chance for a solid Oak Island beach investment! Schedule your showing today!!

Amenities Amenities
  • Electric Oven
  • Electric Cooktop
  • Refrigerator

Additional Features Additional Features
  • Association Amenities: See Remarks
  • County: Brunswick
  • Days on Market: 370
  • Pool: No
  • Property Sub Type: Duplex
  • Stories: 1
  • Tax Number: 234eh036
  • Water/Sewer: Electricity Connected, Sewer Connected
  • Year Built: 1972
  • Property Type: Rental Income
  • Tax Year: 2025
  • Tax Amount: $2,907.24

Financial Financial
  • Short Sale: Standard

Interior Features Interior Features
  • Cool System: Heat Pump
  • Floors: Carpet, Laminate
  • Heat System: Heat Pump, Electric
  • Interior: Wash/Dry Connect, Ceiling Fan(s)
  • Room Type: Dining Area
  • Levels: One
  • Heating Fuel: Electric
  • Association Amenities: See Remarks
  • Laundry: Dryer Hookup,Washer Hookup
  • Water Heater: Electric
  • Attic Description: Access Only
  • Basement Description: None

Exterior Features Exterior Features
  • Fuel Tanks: None
  • Parking: Off Street, Unpaved
  • Roof: Shingle
  • Siding: Vinyl Siding
  • Is New Construction: No
  • Construction: Vinyl Siding,Wood Frame
  • Foundation: Slab
  • Water Source: Public
  • Septic or Sewer: County Sewer,City/Town
  • Water Provider: City/Town
  • Utilities: Electricity Connected,Sewer Connected
  • Garage Spaces: 0
  • Parking Spaces: 0
  • Fencing: Partial,Split Rail,Front Yard
  • Exterior: Vinyl Siding
  • Patio/Deck Description: None
  • Zoning: Ok-R-6
  • Building Total Area (Sq.Ft): 2160
  • Road Description: City Street,State Road,Paved
  • Road Improvements: See Remarks
  • View Description: None

Location Location
  • Directions: Access the island via Midway Drive to cross the new bridge. Once over the bridge, make the first right at the light onto W. Oak Island Drive. Proceed 3 blocks and turn right onto NW 3rd St. Properties are approximately 3/4 down the street on the right hand side.
  • Street Number: 148
  • County: Brunswick
  • Latitude: 33.924632
  • Longitude: -78.162714
  • Subdivision: Tranquil Harbor
  • Marketing City: Oak Island

Listed by: Brendan Gordon from Coastal Development & Realty Oak Island.