510 W St George Street Southport, NC 28461
10 bed / 9 bath / 5,268 Sq. Ft. / 10,890 Sq. Ft., 0.25 acres lot size / Fourplex
Listing Courtesy of: Zack Bryant Team - Berkshire Hathaway HomeServices Carolina Premier Properties [email protected]
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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.
property details
Type
Fourplex
Status
Active
County
Brunswick
Year Built
2019
Sq. Ft.
5,268
Lot Size
10,890 Sq. Ft., 0.2 acres
Listing Id
100590676
Courtesy Of
Zack Bryant Team - Berkshire Hathaway HomeServices Carolina Premier Properties [email protected]
List Office Phone
+1 (910) 222-4060
Subdivision
Not In Subdivision
Interior Features
Beds
10
Living Area Units
Sq. Ft.
Appliances
Electric Oven
Electric Cooktop
Refrigerator
Electric Cooktop
Refrigerator
Bathrooms Total
9
Exterior Features
Parking
Shared Driveway
Gravel
Gravel
Stories
1
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Electric Heating
Heat Pump
Forced Air
Heat Pump
Forced Air
Building Area Total
5,268 Sq. Ft.
Architectural Style
1 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
07/22/2026
07/22/2026
|
Active |
$1,699,900
|
Hive MLS NorthCarolina |
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Market Trends
Source: Constellation1
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