104 Lowell Avenue, Kill Devil Hills, NC 27948

$249,500
List Price
$249,500
MLS#
103215
Status
ACTIVE
Type
Land
Property Type
Residential
Neighborhood
Kitty Hawk Shrs

Property Description

HOME IS A TEAR DOWN ... LAND AND LOCATION ARE ITS VALUE ... HOME IS A TEAR DOWN ... LAND AND LOCATION ARE ITS VALUE ... HOWEVER, HOME HAS SOME MARGINAL VALUE IN THAT IT IS CAPABLE OF GENERATING RENTAL INCOME ... PRESENT TENANTS ARE LONG TERM AND ARE PRESENTLY BEYOND END OF ONE YEAR WRITTEN LEASE AND ARE NOW MONTH TO MONTH WITH TENANT UPSTAIRS PAYING $675/MO AND TENANT DOWNSTAIRS PAYING $675/MO WHICH TOTALS $1350 PER MONTH *** BOTH 30 DAY NOTIC ETO VACATE, OR CAN STAY *** HOME IS BEING SOLD IN ""AS-IS" CONDITION" *** SELLER WILL NOT MAKE ANY IMPROVEMENTS OR REPAIRS *** A PURCHASER CONTEMPLATING PURCHASING THE PROPERTY OBTAINING A CONVENTIONAL LOAN SHOULD (BEFORE SUBMITTING THE OFFER) ASCERTAIN IF THE CONDITION OF THE PROPERTY WILL PASS THE APPRAISAL LITMUS TEST TO OBTAIN A CONVENTIONAL LOAN *** HOME NEEDS EXTENSIVE RENOVATION INSIDE AND OUT .... BUT IS THE PERFECT FIXER-UPPER! *** LOCATION IS KEY - FABULOUS VIEWS OF THE WRIGHT BROTHERS MEMORIAL WHICH IS DIAGONALLY ACROSS THE HIGHWAY AND IN FULL VIEW OF TEH MONUMENT ... THE SUBJECT PROPERTY FACES SOUTH AND FRONTS LOWELL AVENUE - THE LAND ON THE OPPOSITE SIDE OF LOWELL IS THE WRIGHT BROTHERS MOUMENT NATIONAL PARK SERVICE LAND - OWNED BY THE FEDERAL GOVERNMENT ** BEACH ACCESS IS A STRAIGHT SHOT JUST 6 LOTS EAST DOWN TO VIRGINIA DARE TRAIL AND FROM THERE YOU HAVE TWO CHOICES FOR BEACH ACCESSESS ... A BEACH ACCESS IS 7 LOTS NORTH (ASHVILLE AVE) OR 3 LOTS SOUTH (PROSPECT AVE) ... BOTH HAVE EXCELLENT PARKING SPACE .... THIS IS SOME OF THE NICEST, WIDEST, MOST STABLE BEACH IN ALL OF THE OUTER BANKS ... AND IT IS AN EASY WALK TO THE BEACH FROM THE SUBJECT PROPERTY! *** LOCATION IS ALSO EXCELLENT AS IT IS CLOSE TO THE HEART OF THE BEACH IN KILL DEVIL HILLS WHERE YOU WILL FIND A MAJORITY OF THINGS TO DO AND SEE! *** SHOPPING * RESTAURANTS * THE NEW PUBLIX * LOWES * ALL ARE NEARBY! A LITTLE FURTHER DRIVE TO GET TO JOCKEYS RIDGE, DOWNTOWN MANTEO, OR TO THE BODIE ISLAND LIGHTHOUSE AND OREGON INLET FISHING CENTER IN NAGS HEAD! *** HEADING NORTH - BE SURE TO CHECK OUT THE COROLLA LIGHTHOUSE & THE 4-WHEEL DRIVE BEACHES! THIS PROPERTY IS ALSO BEING MARKETED A LAND ONLY AND CAN BE FOUND IN MLS# 103126 *** TENANT OCCUPIED SO DONT WALK ON PROPERTY WITHOUT AN APPOINTMENT, BUT DRIVE-BY'S PERMITTED! *** CALL FOR DETAILS & COME SEE!

Additional Information

Sewer
Private Septic
View
Park Serv./Preserve
Well
Municipal
Zip
27948
Neighborhood
Kitty Hawk Shrs
Lot Dimension
75 x 97
Directions
US 158 Bypass - Croatan Highway - Just North of Wright Memorial Entrance - East on Lowell - Home on left
County
Dare

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker-Seaside Realty.

Listed by John Leatherwood

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