Property Images: 
MLS# 97542: Opportunity for Investors!
Asking Price: 
685,000
Subdivision: 
Unit/Lot #: 
Lot 17-20
115 E Sothel Street Kill Devil Hills, NC 27948
Lot 17-20
Waterfront: 
Oceanside

Information

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.

Area
Kill Devil Hills b/w Hwys
Unit/Lot#
Lot 17-20
Waterfront
More than 5th row
Waterfront Location
More than 5th row
Taxes
$3425
Year Built
1976
Days On Market
186
Listing Agent
Anna Hunt
Listing Office
Brindley Beach Vacations & Sales - KH

Request More Information

Marcia Parrott
Senior Associate Broker
Cell: 252-202-3354
Office: 888-364-9144