Property Description

A fantastic opportunity between the highways in the heart of Kill Devil Hills. This is a 2 unit multi-family building featuring two 3 bedroom units. Now zoned residential the opportunity is what this building will become with some renovation. There are several possibilities. The current total square footage is over 3500. There is an area downstairs that could easily be converted into even more heated square footage. Projections are available for 2 remodeled 3 bed 2 bath units. New roof in 2019. Recently painted and sealed. Tapped into KDH Sewer. Each unit has separate parking areas. And the location is fantastic. Investors with vision will see the potential. Or rent one unit and keep one for personal/family use. This is also a great location for business owners looking for staff housing. Loads of potential, many possibilities. This is perfect for a cash buyer.

Features
Subdivision:
Ocean Acres Inc
Financial
Tax Year:
2020
Taxes:
$3,371
Assoc. Fee Y/N/Voluntary:
No - Restrictive Covenants May Apply
Estimated Annual Fee $:
$0
Furnishings Available Y/N:
No
Bill of Sale Amount $:
$0
Primary Residence (Y/N):
No
Ownership:
Owned more than 12 months
Yr Electric Expense:
$0
Yr Water Expense:
$0
Yr Telephone Expense:
$0
Yr Cable TV Expense:
$0
Homeowner/Dwelling Insura:
$0
Wind Insurance:
$0
Flood Expenses:
$0
Maintenance Expenses:
$0
Pool/Spa Expense:
$0
Other Expenses:
$0
Other Expenses 2:
$0
Other Expenses 3:
$0
Total Expenses:
$0
Yearly Expense Act/Est:
$0
Owner Rental Income 2016$:
$0
Owner Rental Income 2015$:
$0
Owner Rental Income 2017$:
$0
Advertised Income 2016$:
$0
Advertised Income 2015$:
$0
Advertised Income 2017$:
$0
Est Annual Rental Income:
$0
Listed By:
Outer Banks Realty Group
Agent First:
Michael
Agent Last:
Smith

For sale

1518 Memorial Boulevard, Kill Devil Hills, NC 27948

6 Bedrooms
3 Bathrooms
3,522 Sqft
$499,000
Listing ID #115041
Basic Details
Living Area Sq. Ft :
3,522 Sqft
Property Type :
Residential
Listing Type :
For sale
Listing ID :
115041
Price :
$499,000
Water View :
3 lots from ocean
Bedrooms :
6
Bathrooms :
3
Year Built :
1979
Country:
United States
State:
NC
County:
Dare
City:
Kill Devil Hills
Zipcode:
27948
Status :
Sold CO OP by Member
Type :
Multi-family 2-4 units
Area :
Kill devil hills b/w hwys
Unit/Lot # :
Lot #120-122
DOM :
41