Corolla, NC 27927,787 Broad Street #Unit #25
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Corolla, NC 27927,787 Broad Street #Unit #25
Corolla, NC 27927,787 Broad Street #Unit #25
Corolla, NC 27927,787 Broad Street #Unit #25
Corolla, NC 27927,787 Broad Street #Unit #25

$660,000

Est. payment /mo

$685,000

3.6%
Est.Price: ?

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787 Broad Street #Unit #25 Corolla, NC 27927

8 Beds

7 Baths

4,975 SqFt

SOLD DATE : 02/02/2021

Key Details

Sold Price $660,000

Property Type Single Family Home

Sub Type Single Family - Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 4,975 sqft

Price per Sqft $132

Subdivision Bi-Buck Island

MLS Listing ID 107746

Sold Date 02/02/21

Style Contemporary,Reverse Floor Plan

Bedrooms 8

Full Baths 6

Half Baths 2

HOA Fees $547/ann

Year Built 1998

Annual Tax Amount $4,204

Tax Year 2019

Property Description

POSITIVE CASH FLOW & TWO HOMES IN ONE! 12.5% ROI! Over $86,000 in annual rental income on the books for 2020! 787 Broad Street is a luxury style home located in the prestigious gated community of Buck Island in Corolla, NC. Immaculate, modern and completely updated on both sides, this home offers the perfect opportunity to own a second home and a vacation rental all in one. Rent one side and use one side for your own personal enjoyment! Each side features 4 bedrooms and 3 ½ bathrooms, game room, one car garage, hot tub, private decks, laundry room, and an open concept kitchen/dining/living area. The furniture and décor are absolutely stunning throughout the entire home and shows the care and hard work the current owners have put into this beautiful property. Both sides have had several updates and improvements done; cork flooring, bamboo flooring, NEW carpet and modern tile flooring throughout, granite counters in both kitchens and in all bathrooms, all stainless steel appliances (contact agent for full list) making this home a true, turn-key gem! New Trex type decking material installed on front steps for both units this spring. Each side earns approximately $43K in annual gross rental income making this an incredible investment opportunity! Conveniently located within walking distance to the beach, dining, shopping and entertainment in Corolla as well as all of the community amenities that Buck Island has to offer: community pool, tennis and basketball courts, playground and beach cabana service. Beautifully landscaped with great curb appeal, this home is an EXCELLENT INVESTMENT OPPORTUNITY and is in EXCELLENT CONDITION! Reserve peak summer weeks on one side for yourself and still be able to generate rental income from the other side. Buck Island is a golf cart friendly community, use the garage space on either side to store yours! To view the 3D tour of the B side copy and paste this address in your browser: https://my.matterport.com/show/?m=YCNU1oSsi1d - To view the 3D tour of the A side copy and paste this address in your browser: https://my.matterport.com/show/?m=nRP7NQ9vJsd

Location

State NC

County Currituck

Area Corolla Oceanside

Zoning Res

Interior

Interior Features 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Gas Connection, Gas Fireplace, Master Bath (Ensuite), Pantry, Walk in Closet

Heating Central, Heat Pump, Zoned

Cooling Central, Heat Pump, Zoned

Flooring Carpet, Cork, Tile, Wood

Appliance Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer, Washer

Exterior

Exterior Feature Ceiling Fan(s), Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Shower, Inside Laundry Room

Garage Off Street, Parking Lot, Paved

Pool Association Pool

Amenities Available Common Area, Gated Community, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground

Waterfront Description More than 5th row

Roof Type Asphalt/Fiber Shingle

Building

Lot Description Level

Foundation Piling, Slab

Sewer Municipal Sewer

Water Municipal

Structure Type Cement Fiber Board

Others

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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Listed by Amanda Robinson • Outer Banks Realty Group
Bought with Holly Henry-West • CENTURY 21 Nachman Realty

Cameron Griggs

+1(919) 390-4537

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