Seller will consider financing 20% down @ 6.0% w/5 year balloon Rarely available income producing property in great Morehead City location! Over 3600 sq feet consisting of FIVE SEPARATE UNITS each with separate entrances, bedrooms and baths. Three downstairs units/ two upstairs. Good rental history over many years-long time managment in place. All city services. Some recent improvements. Short walk/bike or golf cart ride to downtown Morehead waterfront/ Big Rock Landing/ Carteret Community Theater /restaurants/concerts/Seafood Festival Agent Remarks: Property sold ''AS-IS'' seller to make no repairs. Please use courtesy and caution when showing and please respect tenants. Property zoned ''OP'' by Town of Morehead Consult with Town of Morehead City regarding zoning and possible uses **NOTE** ''Heated square footage'' is appraiser measured size of building. There is NO fixed heating or cooling-window a/c and electric heat for each unit. Legal: Susan B. Craige/ Trustee of the Harold N. Cragie Trust, dated Sept 10, 1993 Showing Instructions: 48 hours minimum notice. May not get to see all units at same time. Rental info provided to qualified/cash buyers
| MLS # | 100551920 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 221 |
| Listing Provided By | RE/MAX Ocean Properties | Alan T Leary |
| SQ Feet | 3,644 |
|---|---|
| Units | 5 |
| Zoning | OP |
| Acreage | 0.16 |
| Property View | See Remarks |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Other |
| Roof | Shingle |
|---|---|
| Foundation Details | Crawl Space |
| Lot Features | Interior Lot, See Remarks |
| Waterfront Features | None |
| View | See Remarks |
| Construction Materials | Wood Siding, Wood Frame |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | See Remarks, Off Street |
| Utilities | Natural Gas Available, Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | See Remarks |
| Tax Assessed Value | 434498 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | N 1/2 L8 10 , Bl 12, Morehead CityPIN # 638619618664000Deed Bk 1778 Pg 302 |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | Carteret |
| City | Morehead City |
| Zip Code | 28557 |
| Listing VS Median (in 28557) | |
Price: $495,000 low | high Med: $449,900 sqft: 3,644 low | high Med: 1,901 $ / sqft: $136 low | high Med: $237 On site: 221 low | high Med: 103 | |
| State | NC |
|---|---|
| County | Carteret |
| City | Morehead City |
| Zip Code | 28557 |
| Listing VS Median (in 28557) | |
Price: $495,000 low | high Med: $449,900 sqft: 3,644 low | high Med: 1,901 $ / sqft: $136 low | high Med: $237 On site: 221 low | high Med: 103 | |