$650,000

1320 N. New River Drive located in Surf City is East of the main road making the walk to the beach just that much easier. Definitely an investors dream with two units in one building. Units A and B have excellent rental history during the vacation months on weekly rentals and additionally doing 6 month rentals in the off season. Beach access just over the dunes is in sight of the property making it super convenient to take your beach wagon to the beautiful sands and ocean of Surf City . Unit A is a 2 bedroom 1 bathroom located on the second floor with ocean views especially on the oversized deck off the back of the home. Unit A has full kitchen, dishwasher and open living space with a brand new 2023 minisplit. Parking for Unit A is four parking spots with 2 under the deck and 2 in the driveway. Unit B on the first floor is a one bedroom also with a full kitchen, living room and bathroom. Two parking spots are designated on a separate driveway. 2022 rental history was over $67,000. 2021 rental history over $80,000. 2023 predicted to match 2022 income. Flood insurance quote at $3700.