Looking for a Kure Beach multi-unit/multifamily investment opportunity' Or maybe the perfect opportunity to live in one home, and rent two others' The entire property, consisting of a standalone SFR and neighboring duplex has a strong and consistent income producing track record (available upon request). The property itself grossed over $90,000+ in 2021(See attached rental history for more information). All 3 units come fully furnished and are actively being advertised to monthly winter vacation renters to ensure continued cashflow with year-round management efforts. The units were redecorated this spring along with being given new paint, flooring, furnishings, and bedding, to go along with general updating. The property is located just 1 block from the Atlantic, the Kure Beach boardwalk, and the fishing pier. The 1st unit (unit 1) is a stick-built home on pilings with its own dedicated HVAC system. It has 2 bedrooms, 1 bath, a full kitchen and a large outdoor porch and deck area complete with a private picnic table and sitting space. Unit 2 (the left duplex) is comprised of 1 bedroom and 1 bath along with an open kitchen and living room floor plan. Unit 3 (the right duplex) in comprised of 2 bedrooms (including a large master with sliding glass doors to the patio) and 1 bath. They are heated and cooled by a combination of window and wall units. Both suites share a large deck space complete with picnic tables, swings, and various sitting areas. The units share an outside shower along with the potential of a laundry room under unit 1 that could be used by utilized by future renters. Each unit comes with a dedicated off-street parking space. If you're looking for a successful and reliable investment that will keep increasing in value as time goes by, then this might be the property for you! The property is being sold fully furnished and is turnkey!
This listing is provided courtesy by Carol M Ellington, Salt Water Real Estate LLC
Map may not be 100% accurate.
