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Outer Banks Real Estate: MLS 73281
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Description:

Incredible potential with this income producing property. Ground floor commercial divided into two units, back space currently occupied by church, front space previously occupied by an antique shop. Second floor has two 2-bedroom apartments, both currently occupied. All tenants are on a month-to-month lease in the event buyer wants to occupy. Apartments lease for $650/month each and church lease for $1500 + $175/month for electricity. Apprx. annual income $35K+. Building was renovated in mid-80's to include new electrical, plumbing, & HVAC plus new roof on middle building section. A Bargain at 45% of tax value!

Manteo Real Estate Details
Tax Parcel:024740000
Listed For:$ 495,000
Type:Commercial: Multi Unit
Address:318 Budleigh Street
Manteo, NC 27954
Area:Manteo-S. of Airport Road
Lot Description:Level
Property Features:Gutter(s)
Construction:Masonry
Metal
Wood
Foundation:Masonry
Roof:Asphalt/Fiber Shingle
Parking/Garage:1-25 Spaces
Lot
Off Street
Roads:Paved
Public
Floor Covering:Carpet
Vinyl
Insulation:Ceiling
Yes
Heating:Central
Heat Pump
Zoned
Air Conditioning:Heat Pump
Zoned
Water:Municipal Water
Sewer/Septic:Municipal Sewer
Tenant Pays:Electric
Water
Commercial Features:Handicap Features
Possession:At Closing
Subject to Tenancy
Year Built:1950
Status:Active Since January 25th, 2012
Listing Agency:Harrell & Associates
Listing Agent:Harrell, Bobby
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Randy Nance (My Bio)
Senior Associate Broker

Village Realty, Nags Head
5301 S Croatan Hwy
Nags Head, NC 27959

Office: 800-548-9688 Ext: 3337
Fax: 252-441-1042
Cell: 252-202-3374

E-Mail: Click Here to E-Mail Me
Village Realty Main Office
5301 South Croatan Highway | P.O. Box 1807 | Nags Head, NC 27959
Local Phone: 252-480-2224 | Toll-free: 1-800-548-9688
E-Mail: Sales | Rentals
Hours: 9 a.m. to 5 p.m. daily

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