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Key Facts

Type Single Family Residence
Levels Residential
Size 3064 sqft
Garage No
Taxes $1,184
Days Active 0
Lot Size 
Approx. Age 1973
Avg. Price Per Sqft $195
MLS® Number 130355

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This high-yield investment property in Ocean Acres presents a rare opportunity for savvy investors seeking strong returns and long-term growth. Generating $66, 000 in annual income with room to expand, this property includes three distinct rentable rooms plus a leased storage shed, all thoughtfully renovated and ideally located. The main home features a spacious three-bedroom, two-bath upstairs with modern finishes and generous living space. The rental room on the ground level has one bedroom, one bath with a separate flex space/office, offers a private entrance, full kitchen (no stove), and in-unit laundry. The third rentable room is a charming one-bedroom, with one bath, and a great room/kitchen (no stove). A separate storage shed/ workshop is also leased for added income. Recent renovations showcase luxury vinyl flooring, stylish vanities, artsy tilework, and a sleek backsplash. The exterior is low-maintenance with vinyl siding, a large yard, and shared outdoor space. Located just steps from the Nags Head Woods Nature Preserve, this property appeals to renters who value both natural beauty and convenience. The Ocean Acres stoplight location provides easy access to shopping, dining, and all the Outer Banks has to offer. Whether you're expanding your portfolio or capitalizing on the area's growing rental demand, this property is a must-see for investors ready to unlock its full potential. All improvements have been thoughtfully completed with proper permits and full town approval, ensuring compliance with local building codes and zoning regulations. From structural updates to mechanical systems, every detail has been professionally executed and inspected for peace of mind.Show Description
MLS® Number130355
Laundry Level
Central VacNo
FireplaceNo
Acreage0.29
Exterior
GarageNo
Approx. Age1973
Basement
DrivewayOff Street, Unpaved, None
Garage Spaces
HeatMini-Split
A/CMulti Units
Heating Fuel

Extras

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