148 NW 3rd Street Units A & B, Oak Island, NC 28465
$619,000
Property Type:
Multi-Family
Bedrooms:
6
Baths:
2
Square Footage:
2,160
Lot Size (sq. ft.):
13,199
Status:
Active
Current Price:
$619,000
List Date:
9/11/2025
Last Modified:
12/03/2025
Description
PHENOMENAL INVESTMENT OPPORTUNITY! This tenant occupied 6 Bedroom, 2 Full Bathroom duplex provides 3 Bedrooms and 1 Full Bathroom on each side and includes an adjacent vacant lot that conveys with the sale too! Ready-made gross rental income currently stands at $33,600 annually with recent renovations made to the front side unit. This single Parcel ID# property is actually two separate lots with the existing home on one side leaving the opportunity to construct a new home on the left side vacant lot - check out the survey. That's right, this listing is actually two separate properties with no Instrument of Separation required, an incoming producing actively rented duplex on one side and a vacant lot to improve as you see fit on the other side! There are many options to explore for this property and its new Owner! 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 new Middleton Street bridge, a short distance to all the island's goods and services and another great chance for a solid Oak Island beach investment! Schedule your showing today!!
More Information MLS# 100530095
Building/Ext Features
ud_i_08: 0
Contract Info
Delayed Marketing?: No
Sub-Type: Duplex
List Price/SqFt: 286.57
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2025-09-11
Listing Price: 619000
Current Price: $619,000
Location Information
Unit #: Units A & B
City Limits: Yes
Marketing City: Oak Island
Secondary Subdivision: N/A
Street #: 148
Pre Direction: NW
Street Name: 3rd
Street Suffix: Street
County: Brunswick
State/Province: NC
Zip Code: 28465
Subdivision: Tranquil Harbor
Geo Lat: 33.924632
Geo Lon: -78.162714
Remarks and Showing
Sign on Property: Yes
Directions to Property: 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.
Building Info
New Construction: No
Property Exterior/Interior Info
Lot Acres: 0.3
Lot SqFt: 13199
Lot Dimensions: 110 x 120
Waterfront: No
Waterview: No
Location Type: Island
# Baths - Total: 2
# Total Units: 2
Fireplace Y/N: No
Stories: 1
Owner Occupied: No
Property Mgmt Company: Yes
Financials Available: No
Legal and Taxes
Tax Assessed Value: 351560
Deed Book: 3494
Deed Page: 1005
Legal: L-54&55 B-201 S-15 Tranquil Harbor PL 6/67
Broker Owner: No
PID: 234EH036
Tax Identifier: 234eh036
Plat Book: 6
Plat Page: 67
Total Real Estate Property Taxes: 2907.24
Special Assessments: Proposed Beach Nourishment
Tax Year: 2024
Zoning: Ok-R-6
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
School District: Brunswick County Schools
Elementary School: Southport
Middle School: South Brunswick
High School: South Brunswick
Year Built: 1972
Garage & Parking
Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Total Carport Spaces: 0
Parking Features
Off Street: 1
Unpaved: 1
HOA and Neigh Amenities
See Remarks: 1
Attic
Access Only: 1
Handicap Accessible
None: 1
Construction
Wood Frame: 1
Current Service Providers
Electric Provider: Brunswick Electric
Sewer Provider: City/Town
Water Provider: City/Town
Exterior Finish
Vinyl Siding: 1
Terms
Cash: 1
Conventional: 1
Fencing
Front Yard: 1
Partial: 1
Split Rail: 1
Foundation
Slab: 1
Flooring
Carpet: 1
Laminate: 1
Fuel Tank
None: 1
Patio and Porch Features
None: 1
Roof
Shingle: 1
Levels
One: 1
Lot Description
Open Lot: 1
See Remarks: 1
Road Type/Frontage
Paved: 1
Public (City/Cty/St): 1
Cooling
Heat Pump: 1
Heating
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Source
Municipal Water: 1
Sewer
County Sewer: 1
Appliances/Equip
Electric Cooktop: 1
Electric Oven: 1
Refrigerator: 1
Interior Features
Ceiling Fan(s): 1
Wash/Dry Connect: 1
Laundry Location
Hookup - Dryer: 1
Hookup - Washer: 1
Dining Room Type
Combination: 1
Side/Unit 1
Total Rooms: 5
# of Bedrooms: 3
Full Baths: 1
Avg SqFt: 1080
Furnished: No
Rent: 1650
Occupied: Yes
Side/Unit 1 Cooling
See Remarks: 1
Side/Unit 1 Heating
Heat Pump: 1
Side/Unit 1 Appliance
Cooktop - Electric: 1
Refrigerator: 1
Stove/Oven - Electric: 1
Side/Unit 1 Rent Frequency
Monthly: 1
Side/Unit 1 Owner Pays
Pest Control: 1
Side/Unit 2
Total Rooms: 5
# of Bedrooms: 3
Full Baths: 1
Avg SqFt: 1080
Furnished: No
Rent: 1150
Occupied: Yes
Side/Unit 2 Cooling
See Remarks: 1
Side/Unit 2 Heating
Heat Pump: 1
Rental Income
Gross Rental Income: 33600
Year Gross Rental Income Collected: 2025
Side/Unit 2 Appliance
Cooktop - Electric: 1
Refrigerator: 1
Stove/Oven - Electric: 1
Side/Unit 2 Rent Frequency
Monthly: 1
Side/Unit 2 Owner Pays
Pest Control: 1
Property ExteriorInterior Info
# Bedrooms: 6
SqFt - Heated (Primary): 2160
Property Features
Handicap Accessible: None
Attic: Access Only
Construction: Wood Frame
Exterior Finish: Vinyl Siding
Fencing: Front Yard; Partial; Split Rail
Foundation: Slab
Fuel Tank: None
Parking Features: Off Street; Unpaved
Patio and Porch Features: None
Roof: Shingle
Levels: One
Lot Description: Open Lot; See Remarks
Cooling: Heat Pump
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Electricity Connected; Sewer Connected
Water Source: Municipal Water
Sewer: County Sewer
Flooring: Carpet; Laminate
Interior Features: Ceiling Fan(s); Wash/Dry Connect
Laundry Location: Hookup - Dryer; Hookup - Washer
Dining Room Type: Combination
HOA and Neigh Amenities: See Remarks
Terms: Cash; Conventional
Listing Office:
Coastal Development & Realty Oak Island
IDX
Last Updated: December - 03 - 2025
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