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787 Broad Street, Corolla, NC 27927
8 Beds
6 Baths
4,975 sqft

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TWO HOMES IN ONE! Over $71,506 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
  • Price:
  • $685,000
  • Bedrooms:
  • 8
  • Full Baths:
  • 6
  • Half Baths:
  • 2
  • Square Footage:
  • 4,975
  • Year Built:
  • 1998
  • Listing ID #:
  • 107746
  • Street Address:
  • 787 Broad Street
  • City:
  • Corolla
  • State:
  • North Carolina
  • Postal Code:
  • 27927
  • County:
  • Currituck
  • Community:
  • Corolla Oceanside
  • Subdivision:
  • Bi-Buck Island
  • Listing Status:
  • Active
  • Builder:
  • Bd&a
  • Construction Description:
  • Frame, Wood
  • Exterior Features:
  • Cement Fiber Board
  • Flooring:
  • Carpet, Tile, Wood, Cork
  • Foundation:
  • Piling, Slab
  • Interior Features:
  • 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Gas Connection, Gas Fireplace, Master Bath, Pantry, Walk In Closet
  • Style:
  • Contemporary, Reverse Floor Plan
  • Total Building Square Footage:
  • 4975
  • Type Of Roof:
  • Asphalt/Fiber Shingle
  • Year Built:
  • 1998
  • Conforms To Zoning:
  • Res
  • Federal Flood Zone:
  • X
  • Lot Description:
  • Level
  • Road Type:
  • Paved, Private
  • Association Amenities:
  • Gated Community, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Community Features:
  • Gated Community, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Days On Market:
  • 213
  • Financing Options:
  • Cash, Conventional
  • For Sale Or Lease?:
  • For Sale
  • Lease Terms:
  • Weekly
  • Hoa Fee Includes:
  • Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance, Security, Tennis Courts
  • Hoa Y/N:
  • Yes
  • Property Taxes:
  • $4,204
  • Tax Year:
  • 2019
  • Parking Description:
  • Off Street, Parking Lot, Paved
  • Pool:
  • Yes
  • Pool Description:
  • Association Pool
  • Pool Type:
  • Association
  • Appliances:
  • Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator W/Ice Maker, Washer, Stackable Washer/Dryer
  • Cooling System:
  • Central, Heat Pump, Zoned
  • Existing Water:
  • Municipal
  • Heating:
  • Central, Heat Pump, Zoned
  • Sewage Type:
  • Municipal Sewer
  • Waterfront Description:
  • More Than 5th Row

The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Mandy Robinson of Outer Banks Realty Group
  • OUTERBANKS

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