Surf City, NC Quadplex for Sale at Auction – 1518 Easy Street

A Unique Multi-Family Investment Opportunity Just Steps from the Beach

Opportunities to purchase multi-family real estate this close to the ocean in Surf City, North Carolina, don't come along every day. 1518 Easy Street A-D is a four-unit residential property located second row from the beach, offering investors a chance to own an income-producing property in one of the most popular communities along the Topsail Island coast.

The property is being offered through an online real estate auction conducted by Luther Bros Auction Co. LLC, NCAL #10682.

For complete auction information, additional photos, terms and conditions, and online bidding registration, visit LutherBros.HiBid.com.

Four Residential Units in One Surf City Property

1518 Easy Street is a two-story quadplex with approximately 3,072 total square feet divided among four individual residential units.

Each unit offers approximately 768 square feet and includes:

• 2 bedrooms
• 1 full bathroom
• Kitchen
• Living area
• Individual residential space

Combined, the property provides 8 bedrooms and 4 bathrooms across four units.

All four units are currently occupied, making this particularly noteworthy for buyers searching for an established multi-family property at the beach.

Second-Row Location Near the Ocean

The location is one of the property's most compelling features.

Situated on a corner lot at Easy Street and Neptune Place, the quadplex is second row from the ocean in Surf City. Residents are only steps from the beach while also enjoying convenient access to the restaurants, shopping, recreation and everyday amenities found throughout Surf City and Topsail Island.

For real estate investors, multi-family properties in coastal locations can offer a different opportunity than a traditional single-family beach home. Rather than relying on a single residence, this property provides four separate units under one roof.

An Income-Producing Coastal Property

With all four units currently occupied, 1518 Easy Street is already functioning as a rental property.

Depending on a buyer's goals, a multi-family property like this could potentially be considered for continued long-term rental use, future improvements or other investment strategies permitted by applicable regulations.

Buyers interested in changing the property's current use or rental structure should independently verify zoning, rental regulations, existing leases and any other requirements that may apply.

Parking and Property Features

Beach-area parking is always an important consideration, particularly when evaluating a property with multiple residential units.

1518 Easy Street offers eight parking spaces plus garage space, providing on-site parking for residents.

Additional property features include:

• Approximately 3,072 total square feet
• Four separate residential units
• Corner lot
• Second-row beach location
• Metal roof
• Block construction
• County water and sewer
• Existing tenant occupancy

The property is being offered as-is, and prospective buyers should conduct appropriate inspections and due diligence before bidding.

A Different Kind of Surf City Real Estate Opportunity

Surf City is well known for single-family beach homes, vacation properties and condos, but multi-family properties can be harder to find—especially this close to the ocean.

For a buyer specifically looking for an investment property on Topsail Island, 1518 Easy Street offers the combination of four residential units, existing occupancy and a second-row location near the beach.

Potential buyers should evaluate the property based on their own investment objectives and independently review rental income, expenses, leases, insurance, financing, property condition, zoning and permitted uses.

How to Bid on 1518 Easy Street in Surf City

Unlike a traditional real estate listing, 1518 Easy Street A-D is being offered through an online auction.

The complete auction is being conducted by:

Luther Bros Auction Co. LLC
NCAL #10682

To see additional property photos, auction dates, bidding information, terms and conditions, and registration details, visit LutherBros.HiBid.com.

If you're considering purchasing a multi-family property in Surf City, this is a unique opportunity to explore a four-unit property just steps from the Atlantic Ocean.

For complete auction information and to register to bid, visit LutherBros.HiBid.com.