409 Monroe Ave Carolina Beach, NC 28428
For Sale
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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!
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.