Log In/Sign Up
Your email has been sent.
1715 Carolina Beach Ave N 3 Unit Apartment Building $1,292,410 CAD ($430,803 CAD/Unit) 5.48% Cap Rate Carolina Beach, NC 28428
Investment Highlights
- Second row from the oceanfront.
- Spacious lot for future space enhancements.
- Potential for immediate income.
Executive Summary
Prime multifamily investment opportunity just steps from the beach and near the Carolina Beach North End Pier. Zoned duplex but currently configured as three separate units, this income producing property offers exceptional rental flexibility and strong short term or long term potential. The property features ocean views and coastal breezes along with significant updates including a fortified roof installed in 2021, professionally renovated bathrooms, fresh interior paint, and new appliances. The top floor unit is fully furnished with a new HVAC system. The first floor HVAC has also been recently replaced, providing dependable year round comfort. Each unit offers privacy and dedicated space, with ample on site parking to accommodate tenants and guests. The oversized lot provides room to add a pool, creating additional value and increased rental appeal. Located close to the North End Pier, a destination for fishing, live music, and seasonal events, this property combines location, flexibility, and modern improvements. Ideal for investors seeking multiple income streams in one of North Carolina's most desirable beach markets.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Double Vanities
- Kitchen
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
- Views
- Walk-In Closets
- Built-In Bookshelves
- Dining Room
- Mother-in-law Unit
- Patio
- Vinyl Flooring
- Window Coverings
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 6+4 | 3 | - | - |
Property Taxes
| Parcel Number | R08807-016-017-000 | Total Assessment | $1,376,930 CAD (2025) |
| Land Assessment | $779,549 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $597,381 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
R08807-016-017-000
Land Assessment
$779,549 CAD (2025)
Improvements Assessment
$597,381 CAD (2025)
Total Assessment
$1,376,930 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
1 of 43
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1715 Carolina Beach Ave N
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.