3114 Ocean Drive, E & W, Emerald Isle, NC 28594 (MLS# 100334991)

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3114 Ocean Drive, E & W, Emerald Isle, NC 28594

$1,600,000
Property Type: Multi-Family Bedrooms: 6 Baths: 6 Square Footage: 4,214 Lot Size (sq. ft.): 15,246 Status: Active
Current Price: $1,600,000 List Date: 6/22/2022 Last Modified: 8/11/2022

Description

Still searching for your happy place in this world? Well, you have found it, this property is appropriately named ''HAPPY PLACE''. This FULL DUPLEX has an established rental history, in 2021 it earned over $100k gross rentals combined. Ocean and Sound views. This property is heavily rented during the summer season with a heated pool to extend the typical summer season well into the fall and spring- providing consistent income. Heated swimming pool located on the EAST side of the property. Renters share use of the pool with a hot tub on each side. Each side has an enclosed hot/cold outdoor shower plus another in the pool area. Ground-floor levels on each side have game rooms with TV's, full size refrigerators and foosball tables. Trex decking on the oceanside. Perhaps you will want to keep one side for personal use and rent the other- the decision is yours after this season's rentals are fulfulled. New metal roof 2019. Each side has plenty of room for everyone to feel at home, fully furnished, water softner, and covered porches to enjoy anytime of day plus lots of natural sunlight. Plenty of parking with addtional spots on each side. Conveniently located near shopping and a watersports facility. Beach access is direcctly across the street. Beautiful area of the island. Think of all the wonderful possibilities and memories to be made.

More Information MLS# 100334991

Contract Info

Status: Active Effective Date: 2022-06-22 Delayed Marketing Date (DM): 2022-06-22 Sub-Type: Duplex Auction: No Listing Price: 1600000 Current Price: $1,600,000 List Price/SqFt: 379.69 Sub Agent Comm: 1.9 Sub Agent Comm $/%: % Buyer Agent Comm: 1.9 Buyer Agent Comm $/%: % Variable Comm: No Stipulation of Sale: None

Location Information

Street #: 3114 Street Name: Ocean Street Suffix: Drive Unit #: E & W County: Carteret State/Province: NC Zip Code: 28594 City Limits: Yes Marketing City: Emerald Isle Subdivision: Not In Subdivision Secondary Subdivision: N/A Geo Lat: 34.6756 Geo Lon: -76.962763

Remarks and Showing

Directions to Property: Emerald Dr. turn towards the ocean onto Ocean Dr. (near Dollar General & Old Flip Flops) follow Ocean Dr. around the corner and Happy Place (3114 Ocean Dr.) will be on the right. Sign on Property: Yes

Building Info

New Construction: No

Property Exterior/Interior Info

Lot Acres: 0.35 Lot SqFt: 15246 Lot Dimensions: 117X136X118X121 Waterfront: No Waterview: Yes Location Type: Island # Bedrooms: 6 # Baths - Total: 6 SqFt - Heated (Primary): 4214 # Total Units: 2 Stories: 3 Owner Occupied: No Property Mgmt Company: Yes Financials Available: Yes

Legal and Taxes

Tax Assessed Value: 900388 Deed Book: E1456 / W1455 Deed Page: 307116 Legal: EAST LOT HAPPY PLACE TOWNHOMES WEST LOT HAPPY PLACE TOWNHOMES Broker Owner: No PID: 631413233078000 Tax Identifier: 631413233078000 Plat Book: E 10S / W 10S Plat Page: E 523 / 522 Special Assessments: N/A Tax Year: 2021 Year Built: 2004 Zoning: RES HOA: No Cobra Zone: No Federal Flood Ins Avlbl: Yes Middle School: Broad Creek High School: Croatan

Garage & Parking

Other - See Remarks: addt'l parking

Service Providers

Electric Provider: Carteret-Craven Electric Cooperative Water Provider: Bogue Banks Water Corp

Side/Unit 1

Total Rooms: 5 # of Bedrooms: 3 Full Baths: 2 Half Baths: 1 Avg SqFt: 2100 Furnished: Yes Rent: 1 Occupied: Yes

Side/Unit 2

Total Rooms: 5 # of Bedrooms: 3 Full Baths: 2 Half Baths: 1 Avg SqFt: 2100 Furnished: Yes Rent: 1 Occupied: Yes

Rental Income

Gross Rental Income: 107065 Year Gross Rental Income Collected: 2021

Property Features

Construction: Wood Frame Exterior Features: Gas Grill; Irrigation System; Thermal Windows Exterior Finish: Vinyl Siding Fencing: Partial; Vinyl Foundation: Pilings; Slab Fuel Tank: None Parking/Driveway: Concrete; Gravel; Off Street; On Site; See Remarks Porch/Balcony/Deck: Covered; Deck; Porch Pool/Spa: Hot Tub; In Ground Roof: Metal Stories/Levels: End Unit Road Type/Frontage: Public (City/Cty/St) Lot Water Features: Ocean Side; Ocean View; Second Row; Sound View; Water Access Comm; Water View; Waterfront Comm Cooling System: Heat Pump Heating System: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Municipal Water Sewer: Septic On Site Appliances/Equip: Dishwasher; Dryer; Microwave - Built-In; Refrigerator; Stove/Oven - Electric; Washer; Water Softener Fireplace: None Flooring: Carpet; Tile; LVT/LVP Furnished: Furnished Interior Features: Blinds/Shades; Ceiling Fan(s); Hot Tub Dining Room Type: Kitchen Side/Unit 1 Cooling: Central Side/Unit 1 Heating: Heat Pump Side/Unit 1 Appliance: Cooktop - Electric; Dishwasher; Dryer; Microwave Built-In; Refrigerator; Stove/Oven - Electric; Washer; Water Softener Side/Unit 1 Features: Living Room; Patio/Balcony/Deck Side/Unit 1 Rent Frequency: Weekly Side/Unit 1 Owner Pays: Cable; Cooling; Electric; Heating; Lawn Maintenance; Pest Control; Pool Maintenance; Supplies; Trash Removal; Water/Sewer Side/Unit 2 Cooling: Central Side/Unit 2 Heating: Heat Pump Side/Unit 2 Appliance: Dishwasher; Dryer; Microwave Built-In; Refrigerator; Stove/Oven - Electric; Washer; Water Softener Side/Unit 2 Features: Living Room; Patio/Balcony/Deck Side/Unit 2 Rent Frequency: Weekly Side/Unit 2 Owner Pays: Cable; Cooling; Electric; Heating; Lawn Maintenance; Pest Control; Pool Maintenance; Supplies; Trash Removal; Water/Sewer HOA and Neigh Amenities: Street Lights Terms: Cash; Conventional
Listing Office: Emerald Isle Realty
Last Updated: August - 11 - 2022
3114 Ocean Drive, E & W, Emerald Isle, NC 28594- MLS# 100334991
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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