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312 W Bogue Boulevard #1 And 2 $365,000

MLS#: 100233941
Address: 312 W Bogue Boulevard #1 And 2
City / Zip: Atlantic Beach, NC 28512
Type: Residential / Single Family Residence

1000 - 1199

SQ Ft

3

Bedrooms

2

Bathrooms

Overview

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Income producing property listed under appraised value! This is an adorable, newly remodeled duplex named The Pineapple Place is just blocks from the beach, the circle, shopping, & restaurants with a very clean, responsible long-term renter in place in the downstairs unit. The upstairs comes fully furnished & is a successful current vacation rental with a large deck. The vacation rental made almost $26,000 since Feb 1, 2020. There is a shed in the back with items for guests to take to the beach. It has an outdoor shower. Upstairs has 2 bedrooms & 1 bathroom. Downstairs has 1 bedroom, 1 bath, laundry room, and outside space under the deck. The downstairs tenants have been the cleaners for the upstairs vacation rental and caretakers of the property. Market rent for it as a long-term rental is $900/mo adding $10,800 to the yearly income or it can be listed as a vacation rental with yearly income projections being approx $20,000. Upstairs yearly projections are approx $36,000 for a total of $56,000 per year. Extra measures have been put in place to prevent any water from getting in and if it does extra measures have been put in place to make it much less expensive to repair. Washer and dryer are negotiable. Appraised for $405,000 as income producing property.Artwork does not convey. Current vacation management company requires existing bookings to be honored.

This listing is provided courtesy by Eugene Gurganus, Sun Coast Properties of ENC Inc.

Mapp

Map may not be 100% accurate.

Amenities

    Property Amenities

    • Interior Features

      • 2nd Kitchen
      • Blinds/Shades
      • Ceiling - Vaulted
      • Ceiling Fan(s)
      • Furnished
      • Security System
      • Smoke Detectors
    • Rooms

      • Bedroom 1
      • Bedroom 2
      • Kitchen
      • Laundry
      • Living Room
      • Other
    • Flooring

      • Concrete
      • LVT/LVP
      • See Remarks
    • Appliances

      • Cooktop - Electric
      • Refrigerator
      • Stove/Oven - Electric
    • Cooling

      • Wall/Window Unit(s)
    • Heating

      • Wall/Floor Furnace
    • Water Heater

      • Electric
    • Sewer

      • Municipal Water
      • Septic On Site
    • Fireplace

      • 0
    • Roof

      • Shingle
    • Dining Area

      • Combination
    • Foundation

      • Slab
    • Exterior Features

      • Gas Grill
      • Outdoor Shower
      • Storm Doors
      • Wood Frame
    • Parking

      • Assigned
      • Off Street
      • On Site
    • Neighborhood Amenities

      • No Amenities
    • Pool

      • None
    • Road Type/Frontage

      • Maintained
      • Public (City/Cty/St)
    • Exterior Finish

      • Vinyl Siding
    • Exterior Structures

      • Storage
    • Fencing

      • None
    • HOA Amenities

      • No Amenities
    • Laundry Location

      • Room
    • Lot Water Features

      • None
    • Porch / Balcony / Deck

      • Deck
    • Waterview / Front

      • None

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