$229,000
For Sale

180 Irvin Garrish Highway #101

Ocracoke, NC 27960
275 sqft | 1 bed | 1 bath | #100492151
Type:Purchase
Structure:Condo
Zone:Residential

Description

The Anchorage is an iconic harbor-front inn in the heart of the village on Ocracoke Island! Guests & families have enjoyed staying at The Anchorage for decades, eating at SmacNally's, using the Marina, & renting golf carts from our on-site cart rental business (all on-site, a short walk away), relaxing in the swimming pool & on the tanning deck, using one of the 3 deep-water docks w/ large boat slips in the Silver Lake Harbor, & much much more!
Under new ownership, The Anchorage has been renovated & condominiumized, giving you the opportunity to own an income-producing inn room with a deep-water boat slip, all at a price consistent with that of a small slice of raw land here on the Island!
Unit 101 is on the ground level, left corner boasting level entry access & ''corner-unit'' comfort!
These units are freshly-painted & newly-outfitted w/ new furniture, new beds, new appliances & new decor - all purchased & paid-for by the Owner!
Crown Management is the new on-site property manager; they handle all marketing, reservations, guest services, & accounting for the vacation rentals. They also market & manage reservations for the boat slips - along with the Marina. Crown also manages the Anchorage POA.
Each unit is expected to net between $22k - $25k after deducting the POA dues - which covers building maintenance (interior & exterior), landscaping, ALL utilities (power, water, cable, internet), AND the insurance for each property owner, master insurance policy for the OA & common areas, AND the flood insurance policies (before Crown Management's
STR fees).
The Anchorage sits on one of the higher properties on Ocracoke Island. Until Hurricane Dorian, the property had never flooded & hasn't since. Minimal water came in during Dorian (less than 1''), was in & out in minutes!
Your boat slip is a short walk from the unit, which you can rent or use.
Spring, Summer & Fall dates are filling up quickly! Buy now & inherit these lucrative reservations!

  • Interior Details
      • InteriorWhole-Home Generator, Elevator, Furnished
    • Heating & Cooling
      • HeatingOther-See Remarks, Electric, Forced Air
      • CoolingWall/Window Unit(s), See Remarks
      • Cooling FeaturesWall/Window Unit(s), See Remarks
    • Beds & Baths
      • Bedrooms1
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Lot FeaturesSee Remarks, Level, Corner Lot
      • Lot DescriptionSee Remarks, Level, Corner Lot
      • ViewMarina, Ocean, Sound View, Water
      • Pool DescriptionIn Ground, See Remarks
      • Pool FeaturesIn Ground, See Remarks
      • StoriesEnd Unit, Ground, One
      • Exterior FeaturesOutdoor Shower
      • Exterior MaterialsOutdoor Shower
    • Measurements
      • Square Feet275
    • Parking
      • Parking FeaturesGolf Cart Parking, Parking Lot, Additional Parking, Gravel, See Remarks, Lighted, Off Street, On Site, Shared Driveway,
      • Parking TypeDriveway
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1982
    • Material information
      • RoofShingle, Composition
      • FoundationSlab
  • Utilities / Energy Details
      • AppliancesSee Remarks, Bar Refrigerator
      • Utility FeaturesCommunity Water
      • Sewer InformationPrivate Sewer
  • Community and Neighborhood Details
      • SubdivisionNot In Subdivision
    • Location
      • High SchoolMattamaskeet
      • Zoningopen/mixed
      • Elementary SchoolOcracoke
      • Middle SchoolOcracoke
      • CountyHyde
  • Financial Details
      • Original List Price$229,000
      • Taxes Annual$703
      • Days on Market (Cumulative)31
    • HOA
      • Hoa Fees4705
      • Hoa1
  • Restrictions
      • PetsDogs Ok, Pets Allowed
  • Other
      • MLS #100492151

Location

Noria Namaz | Coldwell Banker Sea Coast Advantage - WashingtonReal Estate Group
OR

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