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Brindley Beach Vacations & Sales - KH

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115 E Sothel Street
Kill Devil Hills, NC 27948
MLS# 97542 ID: 47292443
4 BR
$699,000
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Property Description
KILL DEVIL HILLS OCEANSIDE... COMMERCIAL opportunity. This is a 6 unit apartment building that consists of 4 one bedroom units and 2 two bedroom units. The property has been updated and remodeled. Recent improvements include: new exterior siding and decks, septic replaced in 2012, parking lot stripped in 2017. Interior improvements include: interior paint and flooring in all the units in the past 3 years, new wall units in apartments 3,4,5,6 and refrigerators in units 4 and 3. All units have monthly power usage allowance - $75 for 1 bedroom and $100 for 2 bedroom unit. Water is included in rent. 2 bedroom units are offered for $1200 a month, 2 of one bedroom units are rented for $795 and the other 2 for $825 a month. The property generates $67,680 a year!! Apartments could potentially be rented weekly. E Hayman Blvd beach access is just down the street. Don't miss this rare investment opportunity.
Property Features
Status
Last Updated January 18, 2018
Market Status Available
Description
Property Type Rental Complex For Sale
Year Built 1976
Bedrooms 4
Legal/Financial
Taxes 3425.0000
Location
MLS Area Kill Devil Hills B/W Hwys
Schools Near Property

Select a school from the list below to receive a free school report

School District Grades Type
Dare County Schools Preschool-5 Public
Dare County Schools Preschool-5 Public
Preschool-6 Private
Dare County Schools Preschool-5 Public
Dare County Schools Preschool-5 Public
Preschool-1 Private
Preschool-12 Private
School District Grades Type
Dare County Schools Preschool-5 Public
Dare County Schools Preschool-5 Public
Preschool-6 Private
Dare County Schools Preschool-5 Public
Dare County Schools Preschool-5 Public
Preschool-1 Private
Preschool-12 Private
School District Grades Type
Dare County Schools Preschool-5 Public
Dare County Schools Preschool-5 Public
Preschool-6 Private
Dare County Schools K-5 Public
Dare County Schools Preschool-5 Public
Dare County Schools Preschool-5 Public
Preschool-1 Private
Preschool-12 Private
School District Grades Type
Dare County Schools 6-12 Public
Dare County Schools 6-8 Public
Dare County Schools 6-8 Public
Preschool-12 Private
School District Grades Type
Dare County Schools 6-12 Public
Dare County Schools 9-12 Public
Dare County Schools 9-12 Public
Dare County Schools 9-12 Public
Preschool-12 Private
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 1534 Devonshire, Kill Devil Hills, Nc 27948 $290,000
2 2009 Wrightsville, Kill Devil Hills, Nc 27948 1 1 $72,979
3 2009 Wrightsville, Kill Devil Hills, Nc 27948 1 1 $120,000
4 2009 Wrightsville, Kill Devil Hills, Nc 27948 1 1 $650,000
5 200 8th, Kill Devil Hills, Nc 27948 4 3 $222,667
6 Array Colingwood, Kill Devil Hills, Nc 27948 $240,000
7 700 Skip Jack, Kill Devil Hills, Nc 27948 2 2 $150,000
8 700 First, Kill Devil Hills, Nc 27948 2 2 $160,000
9 700 First, Kill Devil Hills, Nc 27948 2 2 $174,000
10 700 First, Kill Devil Hills, Nc 27948 2 2 $143,500
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 11,067
Population Growth 19%
Population Density 1197
Median Age 39.5
Median Income $50,366
Households 4,110
Weather
Jan Low 27.41
Jan High 48.95
July Low 65.14
July High 87.03
Annual Precipitation (in.) 65.07
Weather Risk Index* 267
*Index score (100 = National Average) that represents the total risk
Kill Devil Hills Demographics
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Kill Devil Hills Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.

Data Provided by Outer Banks Association of Realtors

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