$725,000
$740,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
135 N Third Avenue Kure Beach, NC 28449
5 Beds
3 Baths
2,273 SqFt
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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