1903 S Croatan Hwy Unit Lot 22 Kill Devil Hills, NC 27948
Estimated payment $2,278/month
Total Views
1,765
4
Beds
2.5
Baths
2,768
Sq Ft
$135
Price per Sq Ft
Highlights
- Hot Property
- Baseboard Heating
- Concrete Flooring
- Traditional Architecture
About This Home
This multi-use building is what every business needs in a prime location in KDH on the highway with an Annual Average Daily Traffic of 37,000 vehicles (NCDOT). Employee housing up top, center of town showroom or storage on the ground floor. Annual lease rental income is currently $2000/month and the ground floor has historically rented for $1200/month, potential annual rents of $38,000. You cannot get that rental performance from any other house for the price in the heart of Kill Devil Hills. The current tax value is $479,000. Already considered in the price are residential comparables, as well as the existing need for new septic, windows, water heater, siding, interior cosmetic finishes and various repairs, while it currently remains functional enough for rental income. Command light on this thriving business intersection. Adjoining lot is listed for sale MLS#127695. Multiple tenants with different schedules live at this property. Please do not enter the building without appointment. Central heating and cooling are for the ground floor shop area only; electric baseboard and window units are for heating and cooling in the residence. Existing window units convey. No septic information is available from Dare County. Home has had four bedrooms since built, and based on tank size, we have listed the home as four bedrooms.
Co-Listing Agent
Century 21 Nachman Realty Brokerage Phone: 252-261-6400 License #231048
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,233
Year Built
- Built in 1971
Home Design
- 2,768 Sq Ft Home
- Traditional Architecture
- Frame Construction
- Vinyl Siding
- Piling Construction
Flooring
- Carpet
- Concrete
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- Paved Parking
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Heat Pump System
- Baseboard Heating
- Municipal Utilities District Water
- Septic Tank
Additional Features
- Oven or Range
- 6,221 Sq Ft Lot
Community Details
- Lake Drive Dev Subdivision
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | For Sale | $374,900 | -- | $135 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Similar Homes in Kill Devil Hills, NC
Source: Outer Banks Association of REALTORS®
MLS Number: 129038
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