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$1,699,900
10 Beds
9 Baths
5,268sqft
510 W St George St, Southport, NC 28461
$1,699,900
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Quadruplex
Built in 2019
$-- HOA
0.25 acre lot
$323/sq.ft
Description
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...
- Houzeo last checked: 13 minutes ago
- Listing updated: August 18, 2026 at 10:03 pm
- Listing Provided by: Zack Bryant Team (910) 746-7000 , Matt L Gladden (910) 380-1768 DRE #348682 | Berkshire Hathaway HomeServices Carolina Premier Properties (910) 222-4060
- Source: Hive MLS-NC | MLS#: 100590676
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
2019
HOA Fees
-
Finished Area
5,268 sqft
Lot Size
0.25 acre lot
Basement Area
- sqft
MLS Name
Hive MLS
MLS Number
100590676
MLS Status
Active
Days on Market
33
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