UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 634 sqft
Price per Sqft $922
Subdivision Not In Subdivision
MLS Listing ID 100535480
Style Wood Frame
Bedrooms 2
HOA Y/N No
Year Built 1949
Annual Tax Amount $3,236
Lot Size 5,009 Sqft
Acres 0.12
Lot Dimensions 50x100x50x100
Property Sub-Type Duplex
Source Hive MLS
Property Description
Just steps from the ocean, this property features two 1-bedroom, 1-bath cottages that have been part of a successful long-term rental program for over 10 years. Located in the B-2 zoning district, the lot also offers strong redevelopment potential — a duplex can be built, providing excellent flexibility for future expansion or increased income. Whether you continue operating the current long-term rentals, convert to short-term vacation rentals, or redevelop into a new beach retreat, this property offers endless opportunity in one of Kure Beach's most desirable locations.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning B-2
Direction Take HWY 421 to Kure Beach. Turn right on K Ave (at stoplight). Turn right on N Third Ave. Property is on the right.
Rooms
Basement None
Interior
Interior Features None
Heating Other, Electric
Cooling Wall/Window Unit(s)
Flooring Carpet, Vinyl
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Appliance Refrigerator, Range
Laundry None
Exterior
Parking Features On Site, Unpaved
Roof Type Shingle
Porch Porch
Building
Story 1
Entry Level One
New Construction No
Schools
Elementary Schools Carolina Beach
Middle Schools Murray
High Schools Ashley
Others
Tax ID R09213-006-006-000
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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