MLS # 105748
787 Broad Street
Corolla, NC 27927
$699,000
8
Bedrooms
6 Full
2 Partial
Bathrooms
4,975
Sq. Ft.

About This Property

TWO BEAUTIFUL HOMES in ONE! Welcome to 787 Broad Street, a luxury duplex style home located in the prestigious gated community of Buck Island in Corolla, NC. Immaculate, modern and completely updated on both sides, this home offers the perfect opportunity to own a second home and a vacation rental all in one. Rent one side and use one side for your own personal enjoyment! Each side features 4 bedrooms and 3 ½ bathrooms, game room, one car garage, hot tub, private decks, laundry room, and an open concept kitchen/dining/living area. The furniture and décor are absolutely stunning throughout the entire home and shows the care and hard work the current owners have put into this beautiful property. Each side earns approximately $34K in annual gross rental income making this an incredible investment opportunity! Conveniently located within walking distance to dining, shopping and entertainment in Corolla as well as all of the community amenities that Buck Island has to offer: community pool, tennis courts, playground and beach cabana service. Beautifully landscaped with great curb appeal, this is a must see high-quality home! New rental projection has this home grossing over $86,000 ($43,000 per side) in annual rental income! This home is an EXCELLENT INVESTMENT OPPORTUNITY! Reserve peak summer weeks on one side for yourself and still be able to generate rental income from the other side!

Property Details

MLS:
105748
Address:
787 Broad Street
Town:
Corolla
Price:
$699,000
Estimated Monthly Mortgage:
$3,178/mo.
Listing Agent:
Robinson, Mandy
Listing Company:
Celebration Realty
Area:
Corolla Oceanside
Subdivision:
BI-Buck Island
Waterfront Location:
None
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
8
Baths:
6 Full / 2 Partial
Heated Area:
4,975 Sq ft.
Year Built:
1998
Rental Co:
Corolla Classic Vacations
Rental Cottage Number:
BU1A BU1B
Annual Income:
$86,920
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