$730,000
$799,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
205 E Atlantic Street Kill Devil Hills, NC 27948
Key Details
Sold Price $730,000
Property Type Commercial
Sub Type Multi Unit
Listing Status Sold
Purchase Type For Sale
Subdivision Kill Devil Bch
MLS Listing ID 116606
Sold Date 03/02/22
Year Built 1950
Annual Tax Amount $4,012
Tax Year 2020
Property Description
This nautically inspired 6 bedroom boutique inn 1 block from the Atlantic Ocean in Kill Devil Hills generated 120k in rents in 2020. A former oceanfront beach cottage, the Atlantic Street Inn has all the feels of the old school Outer Banks coupled seamlessly with all the modern amenities. This investment property is perfect for private parties, weddings and other intimate events or as an AIRBNB Rental Machine. This unique opportunity offers multiple revenue streams to the sophisticated real estate investor and is one of very few inns left in the town. The owners are happy to work with the buyers to ensure a smooth transition for the upcoming season. Schedule your showing today as this cash flowing investment property will not last long.
Location
State NC
County Dare
Area Kill Devil Hills B/W Hwys
Zoning RES
Interior
Heating Central, Heat Pump
Cooling Central, Heat Pump
Flooring Carpet, Ceramic Tile, Wood
Exterior
Parking Features 1-25 Spaces
Waterfront Description 4 - lots from oceanfront (5th row)
Roof Type Asphalt/Fiber Shingle
Building
Lot Description Common Area, Level
Foundation Piling
Sewer Private Septic
Others
Restrictions Variable Rate Comp
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Commercial
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Copyright © 2025 Outer Banks Association of Realtors. All rights reserved.
Bought with Chris Toolan • CENTURY 21 Nachman Realty