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135 N Third Avenue

Kure Beach, NC 28449
  • $740,000
  • STATUS: Pending with Showings
  • ON SITE: 53 Days
  • MLS #: 100379398
Under Contract
UPDATED: 46 min ago
$740,000
  • 5
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1986
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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!

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Mid Carolina MLS logo© 2023 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2023-06-09T09:58:45.527.
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135 N Third Avenue Kure Beach, NC 28449

  • Price: $740,000
  • Status: Pending with Showings
  • On Site: 53 Days
  • Updated: 46 min ago
  • MLS #: 100379398
5
Beds
3
Baths
0
½ Baths
0.12
Acres
1986
Built
Neighborhood:
Not In Subdivision
County:
New Hanover
Area:
Kure Beach
Elementary School:
Carolina Beach
Middle School:
Murray
High School:
Ashley
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!
Exterior Features

Attached Garage Spaces 0.00 Construction BlockConcreteWood Frame Detached Garage Spac 0.00 Exterior Finish BlockWood Siding Fencing Partial Foundation PilingsSlab Location Type Island Lot Dimensions 50X100 Lot Sq Ft 5009.00 Parking Driveway AssignedConcreteOn Site Porch Balcony Deck CoveredDeckOpen Roof MembraneShingle Total Carport Spaces 0.00 Waterfront No Waterview No

Interior Features

1 Bedroom Appliances RefrigeratorStove/Oven - Electric 1 Bedroom Cooling CentralWall/Window Unit 1 Bedroom Heating See Remarks 1 Bedroom Units Avg Sqft 477 1 Bedroom Units Full Baths 1 1 Bedroom Units Half Baths 0 1 Bedroom Units Total Rooms 4 2 Bedroom Appliances RefrigeratorStove/Oven - Electric 2 Bedroom Cooling Wall/Window Unit 2 Bedroom Heating See Remarks 2 Bedroom Units Avg Sqft 676 2 Bedroom Units Full Baths 1 2 Bedroom Units Half Baths 0 2 Bedroom Units Total Rooms 4 Cooling System Wall/Window Unit(S) Efficiency Apartment Avg Sqft 645 Efficiency Apartment Full Baths 1 Efficiency Apartment Half Baths 0 Efficiency Apartment Rent 0.00 Efficiency Apartment Total Rooms 4 Efficiency Heating Electric Fireplace None Heating System Other-See Remarks Interior Features Blinds/ShadesCeiling Fan(S)FurnishedKitchen IslandSmoke DetectorsWalk-In Shower Stories Levels 1st FloorGround

Property Features

1 Bedroom Rent Freq Weekly 1 Bedroom Units Occupied Yes 1 Bedroom Units Rent 0.00 2 Bedroom Rent Freq Weekly 2 Bedroom Units Occupied Yes 2 Bedroom Units Rent 0.00 Auction No City Limits No Cobra Zone No Efficiency Apartment Occupied Yes Efficiency Rent Freq Weekly Financials Available Yes Fuel Tank None Heating System Fuel Source Electric Hoa And Neighborhood Amenities See Remarks Hoa YN No Multifamily Sub Type Triplex New Construction No Property Management Company Yes Property Taxes 3075.65 Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2022 Zoning Ra-2



Mid Carolina MLS logo Listing information © 2023 NCRMLS
Listing courtesy of Rainey Simmons of Salt Water Real Estate Llc: (910) 707-1775.


Mid Carolina MLS logo© 2023 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2023-06-09T09:58:45.527.
 
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