Property Images: 
MLS# 107376: 11% R.O.I,$92,316 in 2019
Asking Price: 
909,000
Bedrooms: 
7
Subdivision: 
Pier One
Bathrooms: 
5
Unit/Lot #: 
Lot #1
3401 S Virginia Dare Trail Nags Head, NC 27959
Lot #1
Waterfront: 
Oceanfront
Area: 
Nags Head

Information

Investors don't walk, run, to view this 7 bedroom 5 bath rental machine consistently generating OVER 90k a year in income. Angel's Landing produced a hefty $97,890 in 2017, $90,220 in 2018, and $92,316 the books for 2019. Current owner rents as 6 bedrooms for less wear and tear, but home is really 7 bedrooms. This means your investors could generate EVEN MORE rental income (see projection on file).This home is in great location in the heart of Nags Head adjacent to the Nags Head Fishing Pier a local's favorite spot for surfing (awesome surf break), fishing, and dining.

Some key features, besides rental income, are the following: home sits on a long deep lot, low maintenance vinyl siding,14x33 private pool on the oceanside, hot tub on 2nd level, upgraded interior features, amazing ocean views, and vegetated dune. Recent upgrades: Brand New Hot Water Heater and New Vinyl Siding Spring 2018 and Granite Countertops, New Baths, Flat Screen TV's, & Sectional Couch 2017. Top Level boasts; open great room with a wall of windows on 3 sides capturing lots of natural light and the tremendous ocean views, 51" flat screen tv, kitchen is updated with newer stainless steel appliances, granite countertops, and breakfast bar for additional seating, game room with billiard table, and shared full bath. Mid Level: 4 bedrooms - Two of which are oceanfront masters with private access to oceanside decks and hot tub.

Two additional bedrooms, both have private access to a sunset deck, shared full bath and washer/dryer. Ground Level: 2 bedrooms, shared full bath, ground level dry entry, and 14x33 private pool. Walking distance to restaurants and shopping located at mile post 11.5. Owners block out weeks and use as 6 bedroom instead of 7,so potential for more income.

Sun projects almost $100,000 if buyer truly wants to maximize income. *****To view short property video copy and paste link below: https://my.matterport.com/show/?m=r3R54BXebVo&brand=0 To view aerial video copy and paste link below: https://youtu.be/EhKL7IL42IQ

Area
Nags Head Oceanside
Subdivision
Pier One
Unit/Lot#
Lot #1
Waterfront
Oceanfront
Waterfront Location
Oceanfront
Lot Description
Beach Frontage,Level,Water Frontage
Lot SqFt
14000
Furnishings Available
Yes
Roof
Asphalt/Fiber Shingle
Possession
At Closing
Has Pool
Yes
Pool Description
Outdoor
In Ground
Fiberglass
Private Pool
Foundation
Piling
Slab
Roads
Paved
Public
Appliances
Dishwasher
Dryer
Microwave
Range/Oven
Refrigerator
Washer
Heating
Central
Heat Pump
Zoned
Heated Living Area SqFt
2951
Air Conditioning
Central
Heat Pump
Zoned
Water
Municipal
Sewer/Septic
Private Septic
View Description:
Ocean
Interior Features
Cathedral Ceiling(s)
Dryer Connection
Master Bath
Washer Connection
Extras
Hot Tub
Outside Shower
Optional Rooms
Game Room
Taxes
$9036.36
Association Fee Included?
No
Style
Contemporary
Reverse Floor Plan
Coastal
Construction
Frame
Wood
Exterior
Lap Siding
Cement Fiber Board
Garage
2 Car
Carport
Parking
Paved
Under
Year Built
1996
Days On Market
21
Listing Agent
Heather Vandermyde
Listing Office
Coldwell Banker Seaside Realty - KDH

Request More Information

John Register
Senior Associate Broker
Office: 877-935-0224

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