$199,900

303 Broad Street

Oriental NC, 28571

Description

An Oriental destination unlike any other... A remarkable location and duplex investment opportunity of character and charm in the Old Village, with the river breezes and harbor lights at your doorstep! Positioned prominently near the foot of the Oriental bridge and the intersection of New and Broad Streets, it benefits from high visibility, convenient access and proximity to the marina and downtown!The building is a residential duplex (with an additional 464+ sq. ft. unfinished upstairs), an artistic and efficient use of a structure which has been carefully renovated and designed to maximize its rental potential. A broad front porch welcomes all visitors and makes for a cheerful spot to chat with guests. The duplex's two sides are designed around a one bedroom plan, but finished differently and with distinctive personalities. The ''Seaside'' (left side unit) is happily occupied as a long-term rental by a retired sea captain with a rich history and an appreciation of his unit's simplicity, valuted living room and tranquillity. The right side unit, known as the ''Tradewinds'' has not been rented since its spectacular re-imagining and transformation. Modern, sleek and yet the embodiment of cottage style, this showplace features a vaulted living area, new kitchen, engineered vinyl floors, new mini-split HVAC units, powder room and a gorgeous master with ensuite bathroom! A perfect AirBnB option, or your home away from home as you decide how to finish the upstairs (third unit possible?). There are so many possibilities to explore and so many ways this adapatable property could be your investment dream!!Property is being sold furnished and with appliances, subject to exclusions. This offering has an excellent rental history and has even better prospects.The upstairs bonus area, although unfinished and air conditioned, combines with the downstairs to create a total of over 1700 sq. ft. of functional area!!Room dimensions and additional details available.

Details

MLS#100204522
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1989
Days On Site13

Features

SQ Feet1,242
Story(s)1
ZoningMU-1

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Area Information

StateNC
CountyPamlico
CityOriental
Zip Code28571
AreaPamlico
Listing VS Median (in 28571)
Price:
$199,900
low | high
Med:
$89,700
100% of Average
SqFt:
1,242
low | high
Med:
586
100% of Average
$ / SqFt:
$161
low | high
Med:
$38
100% of Average
On Site:
13
low | high
Med:
718
2% of Average
Listing Updated: 02/27/2020
MLS Number: 100204522
Listing Provided By:
CHRIS MACHLE  of  TIDEWATER REAL ESTATE INC
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