Multi-Family Space For Sale @ 8229 S Old Oregon Inlet Rd

8229 S Old Oregon Inlet Rd, Nags Head, NC 27959

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Matt K.

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One of the most sought after locations in all of South Nags Head with a highly vegetated stable dune for extra protection from Nor'easters. Located along a 4 mile stretch of private oceanfront beaches. This 10 bedroom investment home generated 10% GRI in 2017 and already has $123,285 on the books for 2018. Seller limits rental weeks, so investor buyer could open all spring and fall calendar to generate higher income. Recent upgrades include; stainless steel appliances, updated baths, and newer laminate flooring in great room. The views from the top level are outstanding with lots extra windows to add an abundance of natural light. The floor plan is open and spacious, perfect for a large crowd to gather. Top Level includes; great room with amazing ocean and beach views, gas fireplace (not connected), dining table seats 16 to 18, wet bar with custom cabinets & wine cooler, and 2 master suites. Mid Level: Large open main entry, 5 bedrooms, 2 with private access to east side deck with hot tub. Ground Level: Huge

Listing company: CBC Corporate

Pricing: $1,199,000

Availability: Now

Listing ID: 1555200


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Sale Price: $1,199,000

Type: Multi-Family Space

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