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1903 S Croatan Highway, Kill Devil Hills, NC 27948

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For Sale

$374,900

4 beds • 2 baths • 2,768 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • 1971
    Year built

  • $135.44
    Price per square foot

Explore this Property

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.
MLS# 129038

Listed By CENTURY 21 Nachman Realty

Property Features

  • Age
    Over 50 Years Old
  • Lot Size
    0.14 Acres
  • Sewer
    Septic, Private
  • Style
    Traditional

Map and Directions

Directions to 1903 S Croatan Highway, Kill Devil Hills, NC 27948

Home seller Meet the Agent,
Chris Toolan

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Chris Toolan

of CENTURY 21 Nachman Realty

(252) 305-1267
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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