MLS # 103311
540 Trolling Lane
Corolla, NC 27927
$449,000
4
Bedrooms
4 Full
2 Partial
Bathrooms
2,950
Sq. Ft.

About This Property

Fantastic Investment Opportunity! This is a truly unique opportunity in Corolla with nothing else like it on the market! 540 Trolling is a legal duplex--each side has 2 BR's and 2.5 baths. Both units have a private entrance and each also has a dry entry coming up from the carport. Both have a large storage room off the carport. Located in Ocean Sands, the property is just a 4 minute walk to the large, wide beaches Corolla offers via private beach access. The sellers have done some major upgrades to include a new roof in 2013, re-plumbing of the entire structure in 2017, new siding in 2007. Both heat pumps are serviced twice yearly (and one was replaced in 2016) and the house was recently power washed along with the decks. Additional upgrades include new LVT, microwave, dishwasher and dryer in the north unit, and new lighting plus some new furnishings in south unit. Keep one unit for yourself while renting the other or rent both units for a great return on investment--estimated at nearly 13%! Property is located in an X flood zone (no flood insurance needed). Don't wait--this is a unique property and will not last!

Property Details

MLS:
103311
Address:
540 Trolling Lane
Town:
Corolla
Price:
$449,000
Estimated Monthly Mortgage:
$2,041/mo.
Listing Agent:
Battaglia, Laurie
Listing Company:
Coastal Outer Banks Realty
Area:
Corolla Oceanside
Subdivision:
Ocean Sands
Waterfront Location:
None
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
4
Baths:
4 Full / 2 Partial
Heated Area:
2,950 Sq ft.
Year Built:
1988
Rental Co:
None
Rental Cottage Number:
 
Annual Income:
$57,550
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