301 W Ocean Acres Drive Kill Devil Hills, NC 27948
Listing Courtesy of: OUTER BANKS ASSOCIATION OF REALTORS / Coldwell Banker Seaside Realty / Heather VanderMyde / Saska Jarrell - Contact:  C: 252-202-2375

  301 W Ocean Acres Drive Kill Devil Hills, NC 27948

Active (1 Days)
$549,000
5
BED
3
BATH
3,064
SQFT

Description

This high-yield investment property in Ocean Acres presents a rare opportunity for savvy investors looking to maximize returns. With $66,600 in annual income and room to grow, this multi-unit property offers flexibility and strong earning potential.
The main building features three separate rental units, including Unit #1 a spacious 3-bed, 2-bath top-level residence, Unit #2, a 2-bed, 1-bath lower-level unit with a private entrance, kitchen, and laundry. Additionally, two flex spaces—one (Unit #3 in main building) and the Casita (separate building).Originally a mobile home, the property has undergone a full down-to-the-studs renovation, incorporating modern upgrades such as artsy tile, stylish vanities, luxury vinyl flooring, and a sleek backsplash. The exterior is low-maintenance with vinyl siding, a large yard, and a shared storage shed for owner and tenant use. Situated steps from Nags Head Woods Nature Preserve, this property appeals to renters seeking both proximity to nature and convenient access to all the Outer Banks has to offer, thanks to the Ocean Acres stoplight location. Whether you're looking to expand your portfolio or capitalize on the growing rental demand in the Outer Banks, this property is a must-see for investors ready to unlock its full potential.

MLS #:
129338
Taxes
$1,184(2024)
Lot Size
0.29 acres
Type
Multifamily
Year Built
1973
Style
Cottage
County
Dare County

Listed By

Heather VanderMyde, Coldwell Banker Seaside Realty, Contact: C: 252-202-2375
Saska Jarrell, Coldwell Banker Seaside Realty
Source
OUTER BANKS ASSOCIATION OF REALTORS
Last checked May 16 2025 at 12:35 PM GMT+0000
Bathroom Details
Interior Features
  • Dryer Connection
  • Washer Connection
Subdivision
  • Ocean Acres Tract 3
Lot Information
  • Level
  • Wooded
Heating and Cooling
  • Mini-Split
Flooring
  • Luxury Vinyl Plank
Exterior Features
  • Vinyl
  • Roof: Asphalt/Fiber Shingle
Utility Information
  • Sewer: Municipal Sewer
Garage
  • None
Parking
  • Off Street
  • Unpaved
Living Area
  • 3,064 sqft
Additional Information: Seaside Realty | C: 252-202-2375
Location
   
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Disclaimer: Copyright 2025 Outer Banks Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/16/25 05:35