Location
Agent Comments
Rare opportunity to own a quadruplex, a ''unicorn'' in Surf City. Set on a desirable corner lot, 2nd Row from beach, each of the four units offers a comfortable 2-bedroom, 1-bath floor plan at 768 square feet- a layout coastal renters actively seek out. Eight parking spaces plus a garage give this property a significant edge in a beach town where parking is scarce.
The property is being sold as-is with some work to be done, making it a true value-add play for the right buyer. Updates and improvements here have real upside potential. You're steps from the ocean in one of the Carolina coast's most active rental markets. All four units are currently occupied, so your investment generates income immediately while you plan improvements at your own pace.
Live in one unit and let the other three help carry the load, or hold all four as rentals and let Surf City's strong beach tourism do the rest. Either way, the potential here is hard to replicate at this price point and proximity to the water.
Amenities
- Electric Oven
- Refrigerator
Additional Features
- County: Pender
- Days on Market: 93
- Pool: Yes
- Pool Features: None
- Property Sub Type: Quadruplex
- Tax Number: 4245-64-2850-0000
- Waterfront Features: Second Row
- Water/Sewer: Electricity Connected, Sewer Connected, Water Connected
- Year Built: 1971
- Property Type: Rental Income
- Tax Year: 2025
- Tax Amount: $2,993.16
Financial
- Short Sale: Standard
Interior Features
- Cool System: Wall/Window Unit(s)
- Floors: Laminate
- Heat System: Baseboard, Electric
- Interior: None
- Levels: Two
- Heating Fuel: Electric
- Water Heater: Electric
- Attic Description: Scuttle
- Basement Description: None
Exterior Features
- Fuel Tanks: None
- Parking: Shared Driveway, Detached, Gravel, On Site, Garage
- Pool: None
- Roof: Metal
- Siding: Block
- Waterfront Feature: Second Row
- Is New Construction: No
- Construction: Block
- Foundation: Block
- Water Source: County Water
- Septic or Sewer: County Sewer
- Utilities: Electricity Connected,Sewer Connected,Water Connected
- Garage Spaces: 1
- Parking Spaces: 2
- Fencing: None
- Exterior: Block
- Patio/Deck Description: Deck,Front Porch
- Zoning: R-5
- Building Total Area (Sq.Ft): 3072
- Road Description: Maintained,City Street,State Road
- Road Improvements: See Remarks
- View Description: Ocean
Location
- Directions: From the Surf City Bridge, take the second exit onto New River Drive. Continue to Neptune Place and turn right. Take the next right onto Easy Street. The property is located on the left at the corner of Easy Street and Neptune Place.
- Street Number: 1518
- County: Pender
- Latitude: 34.440965
- Longitude: -77.519901
- Subdivision: Old Settlers Beach
- Marketing City: Surf City
Listed by: Stephanie Bolleyer from Coldwell Banker Sea Coast Advantage.