$525,000
Morehead City, NC 28557
MLS# 100551920
3644 sqft
1 / 32
Property Description
Rarely available income producing property in great Morehead City location! Over 3600 sq feet consisting of FIVE SEPARATE UNITS each with separate entrances, bedrooms and baths. Three downstairs units/ two upstairs. Good rental history over many years-long time managment in place. All city services. Some recent improvements. Short walk/bike or golf cart ride to downtown Morehead waterfront/ Big Rock Landing/ Carteret Community Theater /restaurants/concerts/Seafood Festival Agent Remarks: Property sold ''AS-IS'' seller to make no repairs. Please use courtesy and caution when showing and please respect tenants. Property zoned ''OP'' by Town of Morehead Consult with Town of Morehead City regarding zoning and possible uses **NOTE** ''Heated square footage'' is appraiser measured size of building. There is NO fixed heating or cooling-window a/c and electric heat for each unit. Legal: Susan B. Craige/ Trustee of the Harold N. Cragie Trust, dated Sept 10, 1993 Showing Instructions: 48 hours minimum notice. May not get to see all units at same time. Rental info provided to qualified/cash buyers
Details
Maps
Location Information
City Limits: Yes
Marketing City: Morehead City
Secondary Subdivision: N/A
Street #: 106
Pre Direction: N
Street Name: 9th
Street Suffix: Street
County: Carteret
State/Province: NC
Zip Code: 28557
Subdivision: Not In Subdivision
Geo Lat: 34.722029
Geo Lon: -76.713718
Building/Ext Features
ud_i_07: 70
# of Units: 5
Fireplace Y/N: No
Lot Acres: 0.16
Lot SqFt: 6970
Lot Dimensions: 100 x 70
SqFt - Total Available: 3644
Location Type: Mainland
Contract Info
Available Date: 2026-01-30
Sub-Type: Multi Family
Garage: N/A
Space: No
Sale/Lease: Sale
List Price/SqFt: 144.07
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2026-01-29
Listing Price: 525000
Current Price: $525,000
Remarks and Showing
Sign on Property: Yes
Directions to Property: Arendell Street to 9th street-on north side of
Arendell on east side of 9th across from First Methodist Church
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 434498
Total City Real Estate Property Tax: 1488
Deed Book: 1778
Deed Page: 302
Legal: N 1/2 L8 10 , Bl 12, Morehead City
PIN # 638619618664000
Deed Bk 1778 Pg 302
Broker Owner: No
PID: 638619618640000
Tax Identifier: 638619618640000
Plat Book: 0
Plat Page: 0
Total Real Estate Property Taxes: 2564
Special Assessments: NA
Tax Year: 2025
Zoning: OP
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Year Built: 1930
Business Type
Other: 1
Current Use
Commercial: 1
Multi-Family: 1
HOA and Neigh Amenities
No Amenities: 1
Attic
None: 1
Basement
None: 1
Electric
See Remarks: 1
C & I Features
None: 1
Frontage Type
See Remarks: 1
Handicap Accessible
None: 1
View Type
See Remarks: 1
Development Status
See Remarks: 1
Construction
Wood Frame: 1
Lot Water Features
None: 1
Current Service Providers
Electric Provider: Duke Progress Energy
Sewer Provider: City of Morehead City
Trash Provider: City of Morehead
Water Provider: City of Morehead City
Exterior Finish
Wood Siding: 1
Terms
Cash: 1
Conventional: 1
Foundation
Crawl Space: 1
Flooring
See Remarks: 1
Fuel Tank
None: 1
Green Bldg Features
None: 1
Parking Features
Off Street: 1
See Remarks: 1
Sale/Lease Includes
See Remarks: 1
Roof
Shingle: 1
Lot Description
Interior Lot: 1
Road Type/Frontage
Maintained: 1
Paved: 1
Public (City/Cty/St): 1
Cooling
Other: 1
Location
See Remarks: 1
Heating
Other: 1
Heating System Fuel Source
Other: 1
Water Heater
Electric: 1
Utilities
Electricity Connected: 1
Natural Gas Available: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Municipal Water: 1
Sewer
Municipal Sewer: 1
Financial Info
Financial Info: Yes
Restrictions
See Remarks: 1
Lease Types
See Remarks: 1
BuildingExt Features
SqFt - Heated (Primary): 3644
Property Features
Business Type: Other
HOA and Neigh Amenities: No Amenities
Attic: None
Basement: None
Electric: See Remarks
Frontage Type: See Remarks
Handicap Accessible: None
View Type: See Remarks
Development Status: See Remarks
Construction: Wood Frame
Exterior Finish: Wood Siding
Flooring: See Remarks
Foundation: Crawl Space
Fuel Tank: None
Green Bldg Features: None
Parking Features: Off Street; See Remarks
Roof: Shingle
Lot Description: Interior Lot
Current Use: Commercial; Multi-Family
Location: See Remarks
Lot Water Features: None
Cooling: Other
Heating: Other
Heating System Fuel Source: Other
Water Heater: Electric
Utilities: Electricity Connected; Natural Gas Available; Sewer Connected; Water Connected
Sewer: Municipal Sewer
Water Source: Municipal Water
Terms: Cash; Conventional
Restrictions: See Remarks
Lease Types: See Remarks
IDX
Listing Office: RE/MAX Ocean Properties
Last Updated: May - 14 - 2026
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.