DON'T MISS A NEW LISTING AGAIN!

Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

 
 

Rick Kinne
Village Realty Holdings LLC
Nags Head, NC 27959

252-256-2670
Contact Me

Quick Search


view all


Any

Any

No Min.

No Max.
Back to Saved Search
Listing 30 out of 209
$3,725,000 For Sale
1305 S Virginia Dare Trail
Kill Devil Hills, NC 27948
16 beds, 9 full, 2 partial baths | Single Family Home
7,205 sq ft - MLS# 96954
Property Photo
1/2

Description

Unbelievable rare investment opportunity. Don't miss these 3 adjoining oceanfront lots with 5 rental homes that are currently in a rental program, and 1 home that is not in a rental program but used by owners. You can keep them as they are or for highest and best use tear down or move the existing homes and replace them with three 18-20 bedroom weekly rentals for optimum rental income. Each of these homes should see a gross cap rate in excess of $450,000 annually. Let us show you a variety of house plans that have already proven to show the highest potential and give you a tour of some of these beautiful money makers. Taxes are for all three lots. A 2017 appraisal on file.

Features

  • Property Type: Single Family Home
  • Sub Type: Single Family - Detached
  • Listing Status: Active
  • Listing Price: $3,725,000
  • County/Area: Dare County
  • Zip Code: 27948
  • Year Built: 1940
  • Subdivision/Neighborhood: Kill Devil Bch
  • Sq.Ft.: 7,205 sq ft
  • Style: Bungalow
  • Bedrooms: 16
  • Baths (full): 9
  • Baths (partial): 2
  • View: Ocean
  • Waterfront: Oceanfront
  • Zoning: RES
  • Area: Kill Devil Hills Oceanside
  • Air Conditioning: Central
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Construction: Frame, Wood
  • Counter Tops: Laminate
  • Extras: Beach Access, Ceiling Fan(S), Covered Decks, Outside Lighting
  • Foundation: Piling
  • Heating: Central
  • Lot Description: Beach Frontage, Water Frontage
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit/Lot #: Lot #3,4,5
  • Water: Municipal
  • Water Frontage: 150 ft.
  • Waterfront Location: Oceanfront
Courtesy of Soles Realty Obx, Jim Soles
Copyright © 2017 Outer Banks Association of Realtors®. All right reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage firms and listing agents. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS®. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Neither the Outer Banks Association of REALTORS® nor Village Realty Holdings LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-07-25.



Rick Kinne | 252-256-2670 | Contact Me
5301 S Croatan Hwy, P.O. Box 31 - Nags Head, NC 27959
Copyright © 2017, All Rights Reserved