540 Trolling Lane, Corolla, NC 27927

$449,000
4
BD
6
BA
2,950
SqFt
List Price
$449,000
MLS#
103311
Status
ACTIVE
Type
Condo
Property Type
Townhouse/Duplex/Attached
Bedrooms
4
Bathrooms
6
Full-baths
4
Half-baths
2
Living Area
2,950
Neighborhood
Ocean Sands

Property Description

Fantastic Investment Opportunity! This is a truly unique opportunity in Corolla with nothing else like it on the market! 540 Trolling is a legal duplex--each side has 2 BR's and 2.5 baths. Both units have a private entrance and each also has a dry entry coming up from the carport. Both have a large storage room off the carport. Located in Ocean Sands, the property is just a 4 minute walk to the large, wide beaches Corolla offers via private beach access. The sellers have done some major upgrades to include a new roof in 2013, re-plumbing of the entire structure in 2017, new siding in 2007. Both heat pumps are serviced twice yearly (and one was replaced in 2016) and the house was recently power washed along with the decks. Additional upgrades include new LVT, microwave, dishwasher and dryer in the north unit, and new lighting plus some new furnishings in south unit. Keep one unit for yourself while renting the other or rent both units for a great return on investment--estimated at nearly 13%! Property is located in an X flood zone (no flood insurance needed). Don't wait--this is a unique property and will not last!

Additional Information

Air Conditioning
Central, Heat Pump
Appliances
Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
Association Ammenities
Ocean Access, Outdoor-Comm. Tennis
Construction
Frame
Countertops
Laminate
Siding
Cement Fiber Board
Extras
Beach Access, Ceiling Fan(s)
Floor Coverings
Carpet, Ceramic Tile, Vinyl, Vinyl Tile
Foundation
Piling
Heating
Forced Air, Heat Pump
Interior Features
Dryer Connection, Master Bath, Walk in Closet, Washer Connection
Lot Description
Cul-de-sac, Level
Parking
Paved, Under
Possession
At Closing, Subject to Tenancy, Other-See Remarks
Roads
Paved, Public
Roof
Asphalt/Fiber Shingle
Well
Municipal
Zip
27927
Neighborhood
Ocean Sands
Year Built
1988
Annual Fee
600
Association Fee
Yes
County
Currituck
Annual Rental Income
57550

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coastal Outer Banks Realty.

Listed by Laurie Battaglia

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