SoldAug 22, 2025

Listed and Bought with The Domenico Grillo Real Estate Team from Keller Williams Realty

Source: Hive MLS #100516461

1003 South 5th Street, Carolina Beach, NC, 28428

$1,075,000

7
6
3249 sq. ft.
10454 sq. ft.

Duplex

10 days on the market

Sold: Aug 22, 2025

What's around 1003 South 5th Street

About this property

Opportunity knocks with this updated triplex perfectly situated just blocks from the beach, boardwalk, and Carolina Beach Elementary! Sitting on an oversized 1.5-lot parcel, this versatile home offers serious investment potential—ideal for house hacking, short- or long-term rentals, or even owner occupancy. Unit C (ground floor) is impressively spacious, featuring 3 bedrooms plus a bonus room (currently used as a 4th bedroom), 3 full bathrooms, a sunroom, large living and dining areas, walk-in closets, laundry room, and a roomy kitchen. Upstairs, Unit B boasts 2 bedrooms and 2 full bathrooms, a newly renovated kitchen with updated appliances, fresh flooring, and a private laundry area. Unit A offers 1 bedroom, 1 full bath, a large living room, and a generously sized kitchen—fully renovated in 2020. Each unit has access to inviting porches, a large fenced backyard, and ample off-street parking. A new roof with a 10-year warranty was installed in 2020, and there's still plenty of room to grow—add a pool, additional dwelling unit, or even a pickleball court thanks to the oversized lot. Currently operating as professionally managed Airbnb rentals, this property delivers strong cash flow and offers cost segregation tax benefits for savvy investors. Live in one unit and rent the others, or continue operating as a high-performing STR. Preferred lender credits available for qualified buyers. Reach out for more details! Total of 7 bedrooms, 6 bathrooms with over 3,250 sqft. Property comes fully furnished.

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