301 W Ocean Acres Drive Active Save Request In-Person Tour Request Virtual Tour
Kill Devil Hills,NC 27948
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,064 sqft
Price per Sqft $179
Subdivision Ocean Acres Tract 3
MLS Listing ID 129338
Style Cottage
Bedrooms 5
Full Baths 3
Year Built 1973
Tax Year 2024
Property Sub-Type Multi-Family 2-4 Units
Property Description
This high-yield investment property in Ocean Acres presents a rare opportunity for savvy investors looking to maximize returns. With $66,600 in annual income and room to grow, this multi-unit property offers flexibility and strong earning potential.
The main building features three separate rental units, including Unit #1 a spacious 3-bed, 2-bath top-level residence, Unit #2, a 2-bed, 1-bath lower-level unit with a private entrance, kitchen, and laundry. Additionally, two flex spaces—one (Unit #3 in main building) and the Casita (separate building).Originally a mobile home, the property has undergone a full down-to-the-studs renovation, incorporating modern upgrades such as artsy tile, stylish vanities, luxury vinyl flooring, and a sleek backsplash. The exterior is low-maintenance with vinyl siding, a large yard, and a shared storage shed for owner and tenant use. Situated steps from Nags Head Woods Nature Preserve, this property appeals to renters seeking both proximity to nature and convenient access to all the Outer Banks has to offer, thanks to the Ocean Acres stoplight location. Whether you're looking to expand your portfolio or capitalize on the growing rental demand in the Outer Banks, this property is a must-see for investors ready to unlock its full potential.***HIGHEST AND BEST BY WEDNESDAY (5/21/2025) AT 3 PM!***
Location
State NC
County Dare
Area Kill Devil Hills Westside
Zoning RL
Interior
Heating Mini-Split
Exterior
Exterior Feature Vinyl
Parking Features None
Waterfront Description None
View Y/N No
Roof Type Asphalt/Fiber Shingle
Building
Lot Description Level,Wooded
Sewer Municipal Sewer
Water Municipal