4922 Oleander Drive

Unique investment property opportunity! Located in the Residential Office District, this updated property can be used for either a Residential or Office purpose. This 1,435 square foot versatile building is positioned on a half-acre lot on Oleander Drive. Based on the zoning in this district, the property could be utilized as an office, long-term rental, short-term rental, residence, or combination of these uses. The floor plan provides an opportunity to have two separate office spaces by using the sunroom that has a separate entrance and parking area. The property has an open common area, kitchen space, utility/laundry and private individual bedrooms or offices. This property benefits from having a circle driveway with direct access to Oleander Drive. Other features such as additional parking, large front yard, large deck in back, private fenced-in backyard and detached shed & carport all add to the value of this property. New roof was installed in 2023 and new gas pack was installed in November 2023.
The property is currently set up for personal use and short term rental. You can enjoy the benefit of working and/or living close to shopping, entertainment, restaurants, UNCW, historic downtown and the beach. This type of versatile property is hard to find!! Great investment!!