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Property profile & analytics
FOR SALE
Commercial real estate

409 Monroe Ave Carolina Beach, NC 28428

Built 1966
Property ID
US53-5661639
Property summary
AI-generated overview

Incredibly rare opportunity to buy an updated, clean and turnkey income producing triplex in the heart of Carolina Beach! Don't miss your chance to invest in this fully furnished property only 3 blocks from restaurants, entertainment and our famous boardwalk. Live in one and rent the other two or rent all three to instantly build your real estate portfolio. Short-term and long-term rentals allowed with no HOA. Enjoy the benefits of three investments in one closing with only one insurance bill and one tax bill. Maintenance is a breeze with all three under one roof! Plenty of off street parking and a large backyard. On the main floor, you will find two, 2 bedroom units with separate, private entrances and upstairs you will find a spacious 3 bedroom unit with an impressive dining room and kitchen. All three units come fully furnished and ready to be rented. Must see in person. Don't sleep on this one!

Property profile
Verified
Property type Commercial real estate
Year built 1966
UPID US53-5661639
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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