320 N Lord Street Southport NC 33.921146 -78.021128

320 N Lord Street , Southport 28461

Not In Subdivision

320 N Lord Street , Southport 28461
Not In SubdivisionSouthport28461
$926,000
  • 3 Bedrooms
  • 2/ Bathrooms
  • 1,010 Sq. Feet
  • 1889Year Built
  • 99Days on Market
The Historic Swasey Cottage and the detached ''Store'' Cottage . This presents a one of a kind opportunity to invest in History. The entire parcel is located in the Original 100 Lots in the Historic District of Southport, NC. The cottage was built by Dr. Oliver Swasey who came to Southport after the Civil War to venture into mercantile, railroad and real estate activities. He may have built as many as 8 cottages throughout Southport and this is the only one still standing. Careful preservation has protected many of the original features including the two front doors, one leading into the living room and the other into the room that was his medical surgery plus the original 'gables' in the antebellum roofline. The Registered Historical Society plaque shows Circa 1889. The detached 1-bedroom cottage was a general store and it was moved from facing Brown St to where it now resides on Lord St. It sits next to the Swasey Cottage and it is being researched for a plaque from the Historical Society. Both cottages are now being used as successful Airbnbs. These properties are located within walking distance of restaurants, the marina, art galleries, parks, library, post office and everything that downtown Southport has to offer. It is a joy to sit on the porch on a rainy night and listen to the rain fall on the tin roof, wander past the historic live oak tree shaded streets, stop to admire the architecture or take a moment to sit in the swings on the riverfront to watch the sunset. The Swasey Cottage offers you nearby access to the Cape Fear River, the Atlantic Ocean, shopping and dining. Southport, NC, is a true treasure of the South ! It has received several national awards, including ''Happiest Seaside Towns in America'' by Coastal Living Magazine & featured in movies such as ''Safe Haven'' by Nicholas Sparks. The rich history of this property needs to be valued and protected. By Appt Only. The home is 15 min to Oak Island beaches and the ferries to Bald Head Island and Ft. Fisher. Centrally located between Wilmington and Myrtle Beach. The owner has filled out permits for BOTH homes to continue to be used as Airbnb's. The online applications were submitted on Aug. 2, 2021. These Airbnb units did very well in 2020 after the pandemic restrictions were lifted and we feel that they would earn much more rental income if they were rented for the entire year. New owner would have to re-apply for a Continued Use Permit every year to keep it as a short term rental property. New Roof on Swasey Cottage in 2019, Roof on the Unit 1 Home is unknown. Window unit HVAC in small cottage (Unit 1) is approx 2 years old. Central HVAC in Swasey Cottage is approx. 7-9 years old. Some furniture may be negotiable excluding family heirlooms.
Neighborhood Not In Subdivision
Home Type Single Family Residence
Year Built 1889
Acreage 0.37
Square Feet 1010.00
$ / SqFt $660
Bedrooms 3
Full Baths 2
Half Baths
Garage Spaces 0.00
Detached Garage Spaces 1.00
Waterfront No
Water View No
Water Features Water Access Comm,Waterfront Comm
Detached Garage Spaces 1.00
Exterior Features None
Fencing Partial,Rear Only
Lot Water Features Water Access Comm,Waterfront Comm
Pool / Spa
Porch / Balcony / Deck Porch
Road Type Front Paved,Public (City/Cty/St)
Roof Type Metal
Applicance
Attic Access Only
Basement
Cooling System Central,Wall/Window Unit(s)
Dining Room Formal
Fireplace None
Flooring Carpet,Laminate,Tile,Wood
Heated Sq Ft 1000 - 1199
Heating System Other-See Remarks,Propane Gas
Interior Features 1st Floor Master,Blinds/Shades
Laundry Location Kitchen
Master Location Primary Living Area
# of Rooms 5
Stories One
School District
Elementary School
Middle School South Brunswick
High School South Brunswick
Flood Zone
Cobra Zone No
Stipulation of Sale None
Tax Year 2020
Terms Cash,Conventional
Zoning HISTORIC
HOA No
HOA Fees 0
HOA Phone

Listing Courtesy of Southport Realty, Inc.

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