Description
RARE Prime Investment Opportunity: Two homes on one lot, Beachside Retreat with Separate Mother-in-Law Suite income power house! Within walking distance to the pristine shores of the beach, this exceptional four-bedroom home offers not only a coveted coastal lifestyle but also a lucrative investment opportunity. Newly renovated separate mother-in-law suite and breathtaking views of the Pamlico Sound, this property presents a rare chance to own a piece of paradise with multiple income streams. New roof on both structures and new septic system. Key Features: Location: Situated just steps away from the sandy beaches of the Cape Hatteras national seashore this property enjoys a prime coastal location. Residents can indulge in endless seaside adventures, from sunbathing and swimming to surfing and kitesurfing. Separate Mother-in-Law Suite 680sq: The addition of a newly renovated mother-in-law suite provides versatility and added value to the property. Ideal for guests or rental income, this separate unit offers privacy and convenience. Income Potential: With a successful Airbnb history, the rear unit generates an impressive $30,000 in annual income, capitalizing on the high demand for vacation rentals in the area. Meanwhile, the front unit holds a year-round lease, ensuring consistent cash flow for investors. Expansive Lot: Situated on a sizable, wooded lot, this property offers ample outdoor space for relaxation, recreation, and potential expansion. Whether envisioning a garden oasis or additional living quarters, the possibilities are endless. Back shed is already semi-finished as a loft. Shed has room to store a boat, jet ski, or motorcycles. Breathtaking Views: Take in panoramic views of the picturesque Pamlico Sound from the comfort of your own home. Whether enjoying morning coffee on the balcony or unwinding with a glass of wine at sunset, the serene vistas provide a relaxing backdrop to everyday life. Investment Opportunity: With dual income streams and the potential for further development, this property presents a lucrative investment opportunity for savvy investors. Whether seeking passive income or long-term appreciation, this beachside home offers endless possibilities for financial growth. Don't miss your chance to own this remarkable Outer Banks property with unparalleled investment potential. Schedule a showing today and seize the opportunity to turn your real estate dreams into reality.
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4BEDS
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0.34ACRES
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3BATHS
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11/2 BATHS
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2,584SQFT
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$243$/SQFT
School Ratings & Info
Description
RARE Prime Investment Opportunity: Two homes on one lot, Beachside Retreat with Separate Mother-in-Law Suite income power house! Within walking distance to the pristine shores of the beach, this exceptional four-bedroom home offers not only a coveted coastal lifestyle but also a lucrative investment opportunity. Newly renovated separate mother-in-law suite and breathtaking views of the Pamlico Sound, this property presents a rare chance to own a piece of paradise with multiple income streams. New roof on both structures and new septic system. Key Features: Location: Situated just steps away from the sandy beaches of the Cape Hatteras national seashore this property enjoys a prime coastal location. Residents can indulge in endless seaside adventures, from sunbathing and swimming to surfing and kitesurfing. Separate Mother-in-Law Suite 680sq: The addition of a newly renovated mother-in-law suite provides versatility and added value to the property. Ideal for guests or rental income, this separate unit offers privacy and convenience. Income Potential: With a successful Airbnb history, the rear unit generates an impressive $30,000 in annual income, capitalizing on the high demand for vacation rentals in the area. Meanwhile, the front unit holds a year-round lease, ensuring consistent cash flow for investors. Expansive Lot: Situated on a sizable, wooded lot, this property offers ample outdoor space for relaxation, recreation, and potential expansion. Whether envisioning a garden oasis or additional living quarters, the possibilities are endless. Back shed is already semi-finished as a loft. Shed has room to store a boat, jet ski, or motorcycles. Breathtaking Views: Take in panoramic views of the picturesque Pamlico Sound from the comfort of your own home. Whether enjoying morning coffee on the balcony or unwinding with a glass of wine at sunset, the serene vistas provide a relaxing backdrop to everyday life. Investment Opportunity: With dual income streams and the potential for further development, this property presents a lucrative investment opportunity for savvy investors. Whether seeking passive income or long-term appreciation, this beachside home offers endless possibilities for financial growth. Don't miss your chance to own this remarkable Outer Banks property with unparalleled investment potential. Schedule a showing today and seize the opportunity to turn your real estate dreams into reality.
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© 2024 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 Sun Realty of Nags Head, Inc.. Data last updated: 2024-09-09T23:37:45.157.