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!
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
$757,300 Zestimate®
$220/sqft
$2,211 Estimated rent
Owner options
What's special
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#: 100379398 Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.
 Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Other, Electric
Cooling
- Wall/Window Unit(s)
Features
- Kitchen Island, Ceiling Fan(s), Furnished, Walk-in Shower, Blinds/Shades
- Has fireplace: No
- Fireplace features: None
- Furnished: Yes
- Common walls with other units/homes: No One Below
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,1st Floor
- Patio & porch: Open, Covered, Deck
- Fencing: Partial
Lot
- Size: 5,227 sqft
- Dimensions: 50 x 100
Details
- Parcel number: R09213012014000
- Zoning: RA-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Block, Concrete, Wood Siding
- Foundation: Other, Slab, Pilings
- 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
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$757,300
2% more+$15,146
With Zillow Showcase(estimated)$772,446