621 N New River Drive

Not In Subdivision Surf City 28445 Active

$579,900

Listing Description

Located on the main road in Surf City, this income-producing duplex currently operates as a residential rental on both sides, offering double the cash flow! The larger unit includes an updated full bath, added half bath, and newer flooring and roof (2018). The studio unit adds additional income potential, making this a versatile and valuable asset in a high-demand area.Currently leased as a residential rental, the property offers long-term commercial potential--redevelopment for commercial use is possible if the structure is rebuilt to comply with current setback and parking requirements. Whether you're an investor seeking rental income, a business owner looking for a live/work setup, or someone with a creative vision, this property delivers!One unit is currently tenant-occupied on month-to-month lease. Whether you're looking to maximize rental income, house-hack, or hold for future growth, this duplex offers a prime investment opportunity just steps from the beach! Prime location with strong long-term growth potential in one of Surf City's most active areas!