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$1,699,900
10 Beds 9 Baths 100590676 MLS
Grandfathered short-term rental rights in downtown Southport -- the one thing investors can't buy anymore, and this five-unit has it. Four bright 2BR/2BA units built in 2019 plus a private cottage, set on a quarter-acre pond-front lot three blocks from the shops, restaurants, and waterfront of one of North Carolina's most beloved coastal towns. The opportunity pencils two ways: projected at $150,000 gross on all annual leases, or blend in short-term rentals on two units and the pro forma reaches $181,250 gross -- roughly a 7.2% projected cap at asking. Newer construction keeps maintenance light, tenants pay their own utilities, and Oak Island's beaches are minutes away. A walkable, water-view income property with a licensing moat around it -- the kind of Southport offering that comes along once a cycle. Pro forma projections available; buyers to verify all figures and rental permissions. Offered at $1,699,900.

510 W St George St, Southport

$289,000
4 Beds 4 Baths 100498422 MLS
Duplex Investment Opportunity in Boiling Spring Lakes! Looking for a solid rental property in a great location? This 4-bedroom, 4-bathroom duplex offers strong rental history and income potential. Each 2-bedroom, 2-bathroom unit features laminate floors, ceramic tile, and open living spaces. The fenced backyard provides privacy with a divider between units, and separate driveways offer convenient parking. Located near the main road for easy access, this property is just minutes from the beach and downtown Southport. Plus, residents can enjoy community amenities like a boat ramp, tennis and basketball courts, a fitness center, scenic trails, a playground, and an 18-hole golf course. A prime investment in a growing area—don't miss this opportunity!

48 Cherry Rd, Southport

$289,000
4 Beds 4 Baths 100498436 MLS
Duplex Investment Opportunity in Boiling Spring Lakes! Looking for a turnkey rental property in a prime location? This 4-bedroom, 4-bathroom duplex offers two 2-bedroom, 2-bathroom units, each featuring laminate floors, open living areas, and private entrances. With a fenced backyard, privacy divider, and separate driveways, this property is ideal for tenants. Conveniently located near the main road, it provides easy access to the beach, downtown Southport, and surrounding areas. Residents can also enjoy community amenities like a boat ramp, tennis and basketball courts, a fitness center, scenic trails, a playground, and an 18-hole golf course. A wonderful income-producing property in a sought-after location, don't miss out!

64 Cherry Rd, Southport

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