MLS # 120837
51517 NC 12 Highway
Frisco, NC 27936
$279,000
2
Bedrooms
1
Bathrooms
1,128
Sq. Ft.

About This Property

This home sits on 1/2 an acre that is zoned residential/commercial.Currently designed to be a duplex with 2 bedrooms, one full bath and a galley kitchen in each unit (with separate entrances) for a total of 4 bedrooms, 2 baths and 2 kitchens. This home is a great investment opportunity. Property meets the zoning duplex requirements and has an engineered firewall plan.Each apartment has its own electrical panel box and meter. The area under the house has been built to contain 3 partitions/separate entrances for 2 laundry rooms and one party kitchen for outdoor entertaining. 100% New electrical, 100% New plumbing, town water hook up, new GAF architectural roof, new cedar ship lap siding, new sheathing and paper, new doors and double hung windows, new cedar exterior trim, new decks and stairs, new piling foundation, new air handlers and ducts, located in the attic to make the design feel spacious inside and provides potential for EXCELLENT rental income. Having an unfinished interior also provides the opportunity for a buyer to make it their own or to easily convert this property back to a single family home. This LARGE 24,000 SqFt lot backs up to NC State land that will remain undeveloped, ensuring privacy and beautiful views and is just a 4 minute drive to ramp 49 for beautiful beach access! Additionally, being located on NC 12, this property is also a potential commercial opportunity! **See Associated Docs for a complete list of Seller Improvements.

Property Details

MLS:
120837
Address:
51517 NC 12 Highway
Town:
Frisco
Price:
$279,000
Estimated Monthly Mortgage:
$1,268/mo.
Listing Agent:
Pencheva, Inna
Listing Company:
Outer Banks Realty Group
Area:
Frisco Oceanside
Subdivision:
None
Waterfront Location:
None
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
2
Baths:
1 Full / 0 Partial
Heated Area:
1,128 Sq ft.
Year Built:
1959
Rental Co:
NA
Rental Cottage Number:
 
Annual Income:
$85,000
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