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    205 E Atlantic Street

    Kill Devil Hills, NC 27948
    • $799,000
    • STATUS: Active
    • ON SITE: 18 days
    • MLS #: 112801
    UPDATED: 41 min ago
    $799,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    Description

    This nautically inspired 6 bedroom boutique inn 1 block from the Atlantic Ocean in Kill Devil Hills generated 120k in rents in 2020. A former oceanfront beach cottage, the Atlantic Street Inn has all the feels of the old school Outer Banks coupled seamlessly with all the modern amenities. This investment property is perfect for private parties, weddings and other intimate events or as an AIRBNB Rental Machine. This unique opportunity offers multiple revenue streams to the sophisticated real estate investor and is one of very few inns left in the town. The owners are happy to work with the buyers to ensure a smooth transition for the upcoming season. Schedule your showing today as this cash flowing investment property will not last long.

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    © 2021 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Outer Banks Realty Group. Data last updated: 2021-02-27T12:37:39.557.
    www.outerbanksrealtygroup.com/homes/114044279
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    205 E Atlantic Street Kill Devil Hills, NC 27948

    • Price: $799,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 112801
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1950
    Built
    Neighborhood:
    Kill Devil Bch
    County:
    Dare
    Area:
    Kill Devil Hills b/w Hwys
    Property Description
    This nautically inspired 6 bedroom boutique inn 1 block from the Atlantic Ocean in Kill Devil Hills generated 120k in rents in 2020. A former oceanfront beach cottage, the Atlantic Street Inn has all the feels of the old school Outer Banks coupled seamlessly with all the modern amenities. This investment property is perfect for private parties, weddings and other intimate events or as an AIRBNB Rental Machine. This unique opportunity offers multiple revenue streams to the sophisticated real estate investor and is one of very few inns left in the town. The owners are happy to work with the buyers to ensure a smooth transition for the upcoming season. Schedule your showing today as this cash flowing investment property will not last long.
    Exterior Features

    Construction Frame Foundation Piling Lot Description Common AreaLevel Parking Garage 1-25 Spaces Roads PavedPublic Roof Asphalt/Fiber Shingle Waterfront Location 4 - Lots From Oceanfront (5Th Ro

    Interior Features

    Air Conditioning CentralHeat Pump Floor Covering CarpetCeramic TileWood Heating CentralHeat Pump Insulation Yes

    Property Features

    Actual Income 130000 Bank Owned YN No Business Name Atlantic Street Inn Business Or Real Estate Bus/ Bldg/ Lf Simple Commercial Type Multi Unit Current Use Air B&B Documents On File Lead Based Pt. Dis. Estimated Income 130000 Financing Options CashCommercial Flood Zone Ae Gross Income Range $100001 - $200000 Possession At Closing Potential Short Sale No Sewer Septic Private Septic Tax Year 2020 Taxes 4012 Water Municipal Water Zoning Res

    Listing courtesy of Ken Baittinger of Outer Banks Blue Realty Srvcs..


    © 2021 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Outer Banks Realty Group. Data last updated: 2021-02-27T12:37:39.557.
     
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    Outer Banks Realty Group
    PO Box 3009
    Kitty Hawk NC, 27949