1. North Carolina
  2. Wrightsville Beach
  3. 12 Nathan Street
$2,495,000

12 Nathan Street, Wrightsville Beach, NC 28480

  • 8 beds |
  • 6 baths |
  • 3,682 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1941
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $678/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Introducing one of the most unique investment offerings on Wrightsville Beach. Located just steps from the sand, 12 Nathan Street features six grandfathered rental units on a valuable 50x90 R2-zoned lot. The property includes: Four 1-bedroom units in the main house Two 2-bedroom units in a detached accessory dwelling unit (ADU) All six units are currently leased at strong rental rates, providing immediate cash flow. Detailed financials are available upon request. This is a unique opportunity to: Renovate and reposition the property as a high-yield short-term rental portfolio, capitalizing on Wrightsville Beach's thriving vacation market Or, for developers, redevelop the lot into a luxury duplex with potential ocean views to the east over Crystal Pier and west-facing views of Banks Channel Short-term rental projections available from MiraMar Vacation Rentals upon request. Opportunities of this scale and flexibility are seldom available in Wrightsville Beach—don't miss your chance to invest in one of North Carolina's most desirable beach communities.

Listing Status:
Active
Date Added:
June 14, 2025 at 05:00AM
Listing Office:
Cadence Realty Corporation : 910-239-7697
MLS ID:
100513730
  • General: Ceiling Fan(s)
  • A/C: Wall/Window Unit(s)
  • Heating: PropaneForced Air
  • Fireplace: None

This listing courtesy of Cadence Realty Corporation

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Wrightsville Beach Elementary School

220 Coral Dr, Wrightsville Beach, NC, 28480

Grades KG-5

1.49 miles away

M

MCS Noble Middle School

6520 Market St, Wilmington, NC, 28405

Grades 6-8

4.44 miles away

J

John T Hoggard High School

4305 Shipyard Blvd, Wilmington, NC, 28403

Grades 9-12

4.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.