4624 Devane Rd, Shallotte, NC 28470

This exceptional investment property in Shallotte, North Carolina, presents a rare redevelopment opportunity. Located at 4624 Devane Rd SW, this 1.14-acre lot boasts two buildings, totaling 2,324 square feet, and features two units. Built in 1955 with renovations completed in 2020, the property offers significant potential for expansion or repurposing. The permitted zoning is R, allowing for residential development. The property includes various outbuildings and a swim spa, adding to its unique appeal. The gated setting provides privacy and security. Enjoy unobstructed views of the Intracoastal Waterway, a highly desirable feature. The property's address is 244EB017 (APN). This mixed-use, multifamily property is currently configured as two separate homes, but its size and zoning suggest potential for increased density. The asking price is $945,000. This is a prime opportunity for investors seeking a unique property with significant upside potential in a desirable location. The property's location in Brunswick County, North Carolina, offers easy access to local amenities and attractions. This is a truly unique opportunity to acquire a property with both immediate income potential and significant long-term growth prospects.