Search

Leave a Message

Thank you for your message. I'll be in touch with you shortly.

Explore My Properties

Property Description

Excellent investment opportunity just a short walk from the beach! This income-producing property offers two separate rental units with established rental history, making it an ideal addition to an investment portfolio or an excellent option for an owner seeking supplemental rental income. The upper-level unit features three spacious bedrooms and two full bathrooms with a comfortable, well-designed floor plan that appeals to long-term tenants. This unit is currently occupied by a reliable long-term renter paying $2,250 per month, providing immediate, consistent cash flow. The lower-level unit offers a one-bedroom, one-bath layout complete with a living area and kitchenette. It is also long-term tenant occupied for $1250/mo. Together, the property produces $3,500 in monthly rental income with both units already leased. Inside, both units are in nice, move-in-ready condition, allowing a new owner to continue collecting rental income without the need for significant interior improvements. The functional layouts, well-maintained interiors, and proximity to the beach make this property attractive to both current and future tenants. The exterior presents an opportunity for value-added improvements. The home will benefit from replacement of the siding, exterior deck, and stairs, providing the next owner with the chance to enhance curb appeal while increasing the property's long-term value. The owner is currently cleaning and improving the yard, further enhancing the outdoor space. Adding to its appeal, the property offers a beach view and is located within an easy walk of the shoreline, allowing tenants to enjoy coastal living without the premium price of direct waterfront ownership. This desirable location supports strong rental demand and long-term investment potential. Whether you're looking to expand your rental portfolio, generate immediate income, or invest in a property with upside potential, this duplex offers an appealing combination of established cash flow, desirable location, and future improvement opportunities. Don't miss the chance to own a versatile coastal investment with steady income and room to add value.

Overview

Property Status
For Sale
MLS ID
133546
Property Type
Residential
Year Built
1984

Features & Amenities

Total Area
1,791 Sq.Ft.
Neighborhood
Kitty Hawk
Architecture Styles
Coastal
Water Source
Public
Roof
Asphalt
Lot Features
Level
Parking
Off Street, Attached
Heat Type
Heat Pump
Air Conditioning
Ceiling Fan(s), Central Air, Heat Pump, Multi Units
Appliances
None
Sewer
Septic Tank
Sales Price
$449,000
Real Estate Tax
$2,053/yr

Downloads

3935 Smith Street Lot 9

Schedule a Tour

I would love to help you see this beautiful home! As a full-service brokerage, I can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 3935 Smith Street Lot 9, Kitty Hawk, NC 27949

3935 Smith Street Lot 9
Navigate
Kitty Hawk

Explore Kitty Hawk

read more

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
$0,000 Your Payment 20 15 65
$0,000 Your Payment

I'm Interested In

3935 Smith Street Lot 9

or
  • CallLynn Bulman

    License #201230

    (252) 339-6517
  • pretitle

    Featured Properties

    • 134 Plover Drive lot A-3D Active Under Contract

      $724,900

      134 Plover Drive lot A-3D, Duck, NC 27949

      • 3 Beds
      • 2 Baths
      • 1,176 Sq.Ft.
    View All Properties

    Follow Us On Instagram