Wrightsville Beach, NC 28480 12 Nathan Street

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Presented By: Cadence Realty Corporation
  • MLS# 100513730
  • 06/14/2025
  • Request Tour
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  • Beds • 8
  • Baths • 6

Home Details

Introducing one of the most unique investment offerings on Wrightsville Beach. Located just steps from the sand, 12 Nathan Street features six grandfathered rental units on a valuable 50x90 R2-zoned lot.The property includes:Four 1-bedroom units in the main houseTwo 2-bedroom units in a detached accessory dwelling unit (ADU)All six units are currently leased at strong rental rates, providing immediate cash flow. Detailed financials are available upon request.This is a unique opportunity to:Renovate and reposition the property as a high-yield short-term rental portfolio, capitalizing on Wrightsville Beach's thriving vacation marketOr, for developers, redevelop the lot into a luxury duplex with potential ocean views to the east over Crystal Pier and west-facing views of Banks ChannelShort-term rental projections available from MiraMar Vacation Rentals upon request. Opportunities of this scale and flexibility are seldom available in Wrightsville Beach--don't miss your chance to invest in one of North Carolina's most desirable beach communities.
Presented By: Cadence Realty Corporation

Interior Features for 12 Nathan Street

Bedrooms

Total Bedrooms8

Bathrooms

Total Bathrooms6.00

Other Interior Features

# Total Units4
FireplaceNone
Interior FeaturesCeiling Fan(s)
List Price/SqFt677.62
StoriesTwo

General for 12 Nathan Street

CityWrightsville Beach
City LimitsYes
Cobra ZoneNo
ConstructionBlock
CoolingWall/Window Unit(s)
CountyNew Hanover
Days on Market12
Geo Lat34.194062
Geo Lon-77.806397
HeatingForced Air
Legal DescriptionLOT 17 MRS E I BEAR DIV
Listing Member NameRoss Tomaselli
Location TypeIsland
Lot Sqft4792.00
ModificationTimestamp2025-06-14T13:44:08
New ConstructionNo
Property TypeC
RoofArchitectural Shingle
Secondary SubdivisionN/A
Special Assessmentsnone
StatusActive
Stipulation of SaleStandard
Stories2.0
Sub-TypeQuadruplex
SubdivisionNot In Subdivision
Tax Assessed Value113700.00
Tax Year2025
WaterviewYes
Year Built1941
ZoningR2

Exterior for 12 Nathan Street

Attached Carport Spaces0.00
Detached Carport Spaces0.00
Exterior FinishAsbestos, Block
FencingNone
FoundationBlock
Fuel TankPropane Above Ground
Garage & Parking: Total # Garage Spaces0.00
Garage & Parking: Total Carport Spaces0.00
Lot17
Lot Acres0.11
Lot Dimensions95x50
Lot Water FeatureNone
MLS Identifier20150918160742258811000000
Parking FeaturesAggregate, Gravel
Patio and Porch FeaturesDeck, Porch
View TypeOcean, Sound View
WaterfrontNo

Additional Details

Price History

Noah Smith

Lead Generator
Price $2,495,000
MLS#100513730
List Date 06/14/2025
Property Type Multi-Family
Phone
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Request Info

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