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$740,000
$740,000
price
Real Estate Professional
C.

Description

Looking for an impossible to find income producing property multi-unit/multi-family investment opportunity with unbelievable future potential? Look no further! Located in Kure Beach just two blocks from both Downtown and the Kure Beach Pier, this SFR on stilted pilings and duplex provides a bit of everything for the right investor or even someone looking to live two blocks from the beach. This property brought in($90,000+ in 2021: please see attached rental history for more information) with a highly established guest base? Year-round management efforts maintain monthly renters during the off-season to ensure continued cashflow for the owners. All three units come fully furnished and are actively accepting summer vacation renters and guests. The SFR (unit 1) is a stick-built home on pilings with its own dedicated HVAC system. It is a two bed/one bath with a full kitchen, LVT flooring, updated furniture and electronics, and a large private covered deck, sunning space, and picnic area. Unit 2 (the left duplex) consists of a one bed/one bath suite along with an open kitchen and living room floor plan, updated electronics, and a HUGE shared outdoor deck space. Unit 3 (the right duplex) consists of a two bed/one bath suite including a large master bedroom with sliding glass doors and private access to the patio and deck space right outside. They are heated and cooled by a combination of window and wall units. All three units share a MASSIVE deck space complete with picnic tables, swings, an outdoor shower. Each unit comes with its own dedicated off-street parking space (or two!). If you're looking for a successful investment look no further! This opportunity will be ''gone-with-the-salty-wind'' so let us know if looking to make it yours!

Property Highlights

  • Property Type: Multi Family, Triplex
  • MLS #: 100379398

General Information

Number of Units in Community 3
Property Subtype Residential Income
Property Type Triplex
Subdivision Not In Subdivision
Taxes $3,075

Room Information

Furnished Furnished
Total Baths 3
Total Beds 5

Property Features

Construction Materials Block, Concrete, Wood Siding
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Fencing Partial
Heating Electric
Interior Features Kitchen Island, Ceiling Fan(s)
Interior Square Footage 2,273
Lot Size Acres 0.12
Lot Size Dimension 50x100
Lot Size Square Feet 5,009
Patio Features Covered, Deck
Roof Membrane, Shingle
Stories One
Windows Blinds
$740,000
$740,000
price
Real Estate Professional
C.
Location
135 N Third Avenue, Kure Beach, NC 28449 Driving Directions
Similar Listings
Kure Beach, NC
Nearby Schools
Listed by Rainey Simmons, Salt Water Real Estate Llc.

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