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Sold for $500,000 on 05/16/24
  • $500,000

    135 N Third Avenue, Kure Beach, NC 28449

    5beds
    3baths
    2,273sqft
    Triplex
    Built in 1986
    -- sqft lot
    $752,500 Zestimate®
    $220/sqft
    $3,305 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: July 26, 2023 at 08:14am

    Listed by:

    Rainey Simmons 336-362-7876,

    Salt Water Real Estate LLC

    Bought with:

    Dylan Kosinski, 292444

    Intracoastal Realty Corp

    Source: Hive MLS,MLS#: 100379398MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Other, Electric
    Cooling
    • Wall/Window Unit(s)
    Features
    • Kitchen Island, Ceiling Fan(s), Walk-in Shower
    • Windows: Blinds
    • Has fireplace: No
    • Fireplace features: None
    • Furnished: Yes
    Interior area
    • Total structure area: 2,273
    • Total interior livable area: 2,273 sqft

    Property

    Parking
    • Parking features: Concrete, Assigned, On Site
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground
    • Patio & porch: Open, Covered, Deck
    • Fencing: Partial
    Lot
    • Size: 5,227 sqft
    • Dimensions: 50 x 100
    Details
    • Parcel number: R09213012014000
    • Zoning: RA-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Block, Concrete, Wood Siding, Wood Frame
    • Foundation: Other, Slab
    • Roof: Membrane,Shingle
    Condition
    • New construction: No
    • Year built: 1986

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Kure Beach
    • Subdivision: Not In Subdivision

    HOA & financial

    HOA
    • Has HOA: No
    • Amenities included: See Remarks
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $752,500
    2% more+ $15,050
    With Zillow Showcase(estimated)
    $767,550