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1003 Fifth Street S, 
Carolina Beach, NC 28428

$1,079,000


7

Beds


6

Baths


3,249

Sq Ft


Multi-Family

Pending

Listed by

The Domenico Grillo Real Estate Team

Keller Williams Innovate-Wilmington

910-777-2200

Last updated:

July 11, 2025, 01:23 PM

MLS#

100516461

Source:

NC CCAR

About This Home

1003 Fifth Street S

Opportunity knocks with this updated triplex perfectly situated just blocks from the beach, boardwalk, and Carolina Beach Elementary! Sitting on an oversized 1.5-lot parcel, this versatile home offers serious investment potential—ideal for house hacking, short- or long-term rentals, or even owner occupancy. Unit C (ground floor) is impressively spacious, featuring 3 bedrooms plus a bonus room (currently used as a 4th bedroom), 3 full bathrooms, a sunroom, large living and dining areas, walk-in closets, laundry room, and a roomy kitchen. Upstairs, Unit B boasts 2 bedrooms and 2 full bathrooms, a newly renovated kitchen with updated appliances, fresh flooring, and a private laundry area. Unit A offers 1 bedroom, 1 full bath, a large living room, and a generously sized kitchen—fully renovated in 2020. Each unit has access to inviting porches, a large fenced backyard, and ample off-street parking. A new roof with a 10-year warranty was installed in 2020, and there's still plenty of room to grow—add a pool, additional dwelling unit, or even a pickleball court thanks to the oversized lot. Currently operating as professionally managed Airbnb rentals, this property delivers strong cash flow and offers cost segregation tax benefits for savvy investors. Live in one unit and rent the others, or continue operating as a high-performing STR. Preferred lender credits available for qualified buyers. Reach out for more details! Total of 7 bedrooms, 6 bathrooms with over 3,250 sqft. Property comes fully furnished.

Home Facts

Multi-Family

6 Baths

7 Bedrooms

Built in 1953

Price Summary

1,079,000

$332 per Sq. Ft.

MLS #:

100516461

Last Updated:

July 11, 2025, 01:23 PM

Added:

24 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6


Structure

Structure

Building Area:

3,249 Sq. Ft.

Year Built:

1953


Lot

Lot Size (Sq. Ft):

10,454


Finances & Disclosures

Finances

Price:

$1,079,000

Price per Sq. Ft:

$332 per Sq. Ft.

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