USANCSouthportOlde Southport510 W St George St
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$1,699,900

For Sale

A month ago

510 W St George St, Southport, NC

House

MLS® 100590676

10 Bed

9 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 30
Lot Size 0.25 Acres
Approx. Age 2019
MLS® Number 100590676

Property Address: 510 W St George St, Southport, NC, 28461-3354

Average square foot calculated using Size range provided by listing agent.

Description

Grandfathered short-term rental rights in downtown Southport -- the one thing investors can't buy anymore, and this five-unit has it. Four bright 2BR/2BA units built in 2019 plus a private cottage, set on a quarter-acre pond-front lot three blocks from the shops, restaurants, and waterfront of one of North Carolina's most beloved coastal towns. The opportunity pencils two ways: projected at $150, 000 gross on all annual leases, or blend in short-term rentals on two units and the pro forma reaches $181, 250 gross -- roughly a 7.2% projected cap at asking. Newer construction keeps maintenance light, tenants pay their own utilities, and Oak Island's beaches are minutes away. A walkable, water-view income property with a licensing moat around it -- the kind of Southport offering that comes along once a cycle. Pro forma projections available; buyers to verify all figures and rental permissions. Offered at $1, 699, 900.
MLS® Number100590676
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2019
BasementNone
DrivewayShared Driveway, Gravel
Garage Spaces
HeatHeat Pump, Electric, Forced Air
A/CCentral Air, Heat Pump

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 22, 2026List Date
$1,699,900List Price
  • Commute

Commute

Starting Address
Destination Address
510 W St George St, Southport, NC

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