115 E Sothel Street , Lot 17-20

    Kill Devil Hills, NC 27948
    • $685,000
    • STATUS: Active
    • ON SITE: 183 days
    • MLS #: 97542
    Price Reduced
    UPDATED: 13 min ago
    $685,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1976
    County:

    School Ratings & Info

    Description

    KILL DEVIL HILLS OCEANSIDE COMMERCIAL opportunity. This is a 6 unit apartment building that consists of 4 one bedroom units and 2 two bedroom units. The property has been updated and remodeled. Recent improvements include: new exterior siding and decks, septic replaced in 2012, parking lot stripped in 2017. Interior improvements include: interior paint and flooring in all the units in the past 3 years, new wall units in apartments 3,4,5,6 and refrigerators in units 4 and 3. All units have monthly power usage allowance - $75 for 1 bedroom and $100 for 2 bedroom unit. Water is included in rent. 2 bedroom units are offered for $1200 a month, 2 of one bedroom units are rented for $795 and the other 2 for $825 a month. The property generates $67,680 a year!! Apartments could potentially be rented weekly. E Hayman Blvd beach access is just down the street. Don't miss this rare investment opportunity.

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    © 2018 Outer Banks Association of Realtors MLS. Information is deemed reliable but not guaranteed by the MLS or MattMyatt.com.
    www.mattmyatt.com/homes/76126624

    115 E Sothel Street , Lot 17-20 Kill Devil Hills, NC 27948

    • Price: $685,000
    • Status: Active
    • Updated: 13 min ago
    • MLS #: 97542
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1976
    Built
    Neighborhood:
    Kill Devil Hills b/w Hwys
    County:
    Dare
    Area:
    Kill Devil Hills b/w Hwys
    Property Description
    KILL DEVIL HILLS OCEANSIDE COMMERCIAL opportunity. This is a 6 unit apartment building that consists of 4 one bedroom units and 2 two bedroom units. The property has been updated and remodeled. Recent improvements include: new exterior siding and decks, septic replaced in 2012, parking lot stripped in 2017. Interior improvements include: interior paint and flooring in all the units in the past 3 years, new wall units in apartments 3,4,5,6 and refrigerators in units 4 and 3. All units have monthly power usage allowance - $75 for 1 bedroom and $100 for 2 bedroom unit. Water is included in rent. 2 bedroom units are offered for $1200 a month, 2 of one bedroom units are rented for $795 and the other 2 for $825 a month. The property generates $67,680 a year!! Apartments could potentially be rented weekly. E Hayman Blvd beach access is just down the street. Don't miss this rare investment opportunity.
    Exterior Features

    Waterfront Location More Than 5th Row

    Interior Features

    Multifamily Sq Ft 3714

    Property Features

    Bank Owned YN No Business Or Real Estate Bus/ Bldg/ Lf Simple Commercial Type Multifamily 5+ Units Gross Income Range $60001 - $100000 Potential Short Sale No Tax Year 2017 Taxes 3425 Zoning Res

    Listing courtesy of Anna Hunt of Brindley Beach Vacations & Sales - Kh.
    © 2018 Outer Banks Association of Realtors MLS. Information is deemed reliable but not guaranteed by the MLS or MattMyatt.com.
    MattMyatt.com
    510 Old Stoney Road
    Corolla NC, 27927