Kure Beach, NC 28449,135 N Third Avenue
Kure Beach, NC 28449,135 N Third Avenue
Kure Beach, NC 28449,135 N Third Avenue
$660,000
Est. payment /mo
$650,000
1.5%
Est.Price: ?

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5 Beds
3 Baths
2,273 SqFt
SOLD DATE : 11/14/2022

Key Details

Sold Price $660,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,273 sqft

Price per Sqft $290

MLS Listing ID 100347377

Sold Date 11/14/22

Style Block, Concrete, Wood Frame

Bedrooms 5

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 a Kure Beach multi-unit/multifamily investment opportunity? Or maybe the perfect opportunity to live in one home, and rent two others? The entire property, consisting of a standalone SFR and neighboring duplex has a strong and consistent income producing track record (available upon request). The property itself grossed over $90,000+ in 2021(See attached rental history for more information). All 3 units come fully furnished and are actively being advertised to monthly winter vacation renters to ensure continued cashflow with year-round management efforts. The units were redecorated this spring along with being given new paint, flooring, furnishings, and bedding, to go along with general updating. The property is located just 1 block from the Atlantic, the Kure Beach boardwalk, and the fishing pier. The 1st unit (unit 1) is a stick-built home on pilings with its own dedicated HVAC system. It has 2 bedrooms, 1 bath, a full kitchen and a large outdoor porch and deck area complete with a private picnic table and sitting space. Unit 2 (the left duplex) is comprised of 1 bedroom and 1 bath along with an open kitchen and living room floor plan. Unit 3 (the right duplex) in comprised of 2 bedrooms (including a large master with sliding glass doors to the patio) and 1 bath. They are heated and cooled by a combination of window and wall units. Both suites share a large deck space complete with picnic tables, swings, and various sitting areas. The units share an outside shower along with the potential of a laundry room under unit 1 that could be used by utilized by future renters. Each unit comes with a dedicated off-street parking space. If you're looking for a successful and reliable investment that will keep increasing in value as time goes by, then this might be the property for you! The property is being sold fully furnished and is turnkey!

Location

State NC

County New Hanover

Community Other

Zoning RA-2

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

Rooms

Basement None

Interior

Interior Features Kitchen Island, Blinds/Shades, Ceiling Fan(s), Furnished, Smoke Detectors, Walk-in Shower

Heating Other-See Remarks

Cooling Wall/Window Unit(s), See Remarks

Flooring LVT/LVP

Furnishings Furnished

Appliance None

Exterior

Garage Concrete, Assigned, On Site

Utilities Available Municipal Sewer, Municipal Water

Waterfront No

Roof Type Membrane, Shingle

Porch Covered, Deck, Open

Garage No

Building

Story 1

New Construction No

Schools

Elementary Schools Carolina Beach

Middle Schools Murray

High Schools Ashley

Others

Tax ID R09213-012-014-000

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

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Sherri Mayes

+1(910) 353-2001

Broker In Charge | License ID: 214350

Broker In Charge License ID: 214350

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