Property Images: 
MLS# 107746: TWO HOMES IN ONE!
Asking Price: 
685,000
Bedrooms: 
8
Subdivision: 
BI-Buck Island
Bathrooms: 
6
Unit/Lot #: 
Unit #25
Half Baths: 
2
787 Broad Street Corolla, NC 27927
Unit #25
Waterfront: 
Oceanside
Area: 
Corolla

Information

TWO HOMES IN ONE! Over $67K in annual rental income on the books for 2020! 787 Broad Street is a luxury 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. Both sides have had several updates and improvements done; cork flooring, bamboo flooring, NEW carpet and modern tile flooring throughout, granite counters in both kitchens and in all bathrooms, all stainless steel appliances (contact agent for full list) making this home a true, turn-key gem! New Trex type decking material installed on front steps for both units this spring.

Each side earns approximately $34K in annual gross rental income. New rental projection has this home grossing over $86,000 ($43,000 per side) in annual rental income for 2020 making this an incredible investment opportunity!

Conveniently located within walking distance to the beach, dining, shopping and entertainment in Corolla as well as all of the community amenities that Buck Island has to offer: community pool, tennis and basketball courts, playground and beach cabana service. Beautifully landscaped with great curb appeal, this home is an EXCELLENT INVESTMENT OPPORTUNITY and is in EXCELLENT CONDITION!

Reserve peak summer weeks on one side for yourself and still be able to generate rental income from the other side! **Buck Island is a golf cart friendly community, use the garage space on either side to store yours!** To view the 3D tour of the B side copy and paste this address in your browser: https://my.matterport.com/show/?m=YCNU1oSsi1d - To view the 3D tour of the A side copy and paste this address in your browser: https://my.matterport.com/show/?m=nRP7NQ9vJsd

Area
Corolla Oceanside
Subdivision
BI-Buck Island
Unit/Lot#
Unit #25
Waterfront
More than 5th row
Waterfront Location
More than 5th row
Lot Description
Level
Furnishings Available
Yes
Roof
Asphalt/Fiber Shingle
Possession
At Closing
Has Pool
Yes
Pool Description
Association Pool
Foundation
Piling
Slab
Roads
Paved
Private
Appliances
Dishwasher
Disposal
Dryer
Microwave
Range/Oven
Refrigerator w/Ice Maker
Stackable Washer/Dryer
Washer
Heating
Central
Heat Pump
Zoned
Heated Living Area SqFt
4975
Air Conditioning
Central
Heat Pump
Zoned
Water
Municipal
Sewer/Septic
Municipal Sewer
Interior Features
9' Ceilings
All Window Treatments
Cathedral Ceiling(s)
Cedar Closet(s)
Gas Connection
Gas Fireplace
Master Bath
Pantry
Walk in Closet
Extras
Ceiling Fan(s)
Hot Tub
Jet Tub
Landscaped
Lawn Sprinklers
Outside Shower
Inside Laundry Room
Optional Rooms
Game Room
Taxes
$4204.4
Association Amenities
Common Area
Gated Community
Ocean Access
Outdoor-Comm. Pool
Outdoor-Comm. Tennis
Playground
Association Fee Included?
Yes
Association Fee Includes
Common Electric
Common Insurance
Grounds Maintenance
Management
Road Maintenance
Security
Tennis Courts
Style
Contemporary
Reverse Floor Plan
Construction
Frame
Wood
Exterior
Cement Fiber Board
Parking
Off Street
Parking Lot
Paved
Builder
BD&A
Year Built
1998
Days On Market
187
Listing Agent
Mandy Robinson
Listing Office
Outer Banks Realty Group

Request More Information

Gregory Burrus Green
Associate Broker
Toll-free: 844-341-8511

Real Estate Sales Newsletter

Sign up for our Real Estate Newsletter today!