Kure Beach, NC 28449,135 N Third Avenue
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Kure Beach, NC 28449,135 N Third Avenue
Kure Beach, NC 28449,135 N Third Avenue
Kure Beach, NC 28449,135 N Third Avenue
Kure Beach, NC 28449,135 N Third Avenue

$725,000

Est. payment /mo

$740,000

2.0%
Est.Price: ?

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135 N Third Avenue Kure Beach, NC 28449

5 Beds

3 Baths

2,273 SqFt

SOLD DATE : 07/25/2023

Key Details

Sold Price $725,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,273 sqft

Price per Sqft $318

Subdivision Not In Subdivision

MLS Listing ID 100379398

Sold Date 07/25/23

Style Wood Frame

Bedrooms 5

HOA Y/N No

Originating Board North Carolina Regional MLS

Year Built 1986

Annual Tax Amount $3,075

Lot Size 5,009 Sqft

Acres 0.12

Lot Dimensions 50X100

Property 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!

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning RA-2

Direction Take 421 to Kure Beach, turn right on L Ave, left on 3rd Ave, house and suites on the right.

Interior

Interior Features Kitchen Island, Ceiling Fan(s), Furnished, Walk-in Shower

Heating Other-See Remarks, Electric

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Window Features Blinds

Exterior

Garage Concrete, Assigned, On Site

Waterfront No

Roof Type Membrane,Shingle

Porch Open, Covered, Deck

Building

Story 1

Foundation Other, Slab

New Construction No

Others

Tax ID R09213-012-014-000

Special Listing Condition None

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Hive MLS / (NCRMLS)
Listed by Salt Water Real Estate LLC

Walter Ciucevich

Broker | License ID: 320028

+1(910) 644-4801

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