MLS # 103126
104 Lowell Avenue
Kill Devil Hills, NC 27948
$249,500
4
Bedrooms
3
Bathrooms
1,976
Sq. Ft.

About This Property

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 *** 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 * ARE ALL NEARBY! A LITTLE FURTHER DRIVE TO GET TO JOCLKEYS 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# 103215 *** TENANT OCCUPIED SO DONT WALK ON PROPERTY WITHOUT AN APPOINTMENT, BUT DRIVE-BY'S PERMITTED! *** CALL FOR DETAILS & COME SEE!

Property Details

MLS:
103126
Address:
104 Lowell Avenue
Town:
Kill Devil Hills
Price:
$249,500
Estimated Monthly Mortgage:
$1,134/mo.
Listing Agent:
Leatherwood, John
Listing Company:
Coldwell Banker-Seaside Realty
Area:
Kill Devil Hills b/w Hwys
Subdivision:
Kitty Hawk Shrs
Waterfront Location:
None
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
4
Baths:
3 Full / 0 Partial
Heated Area:
1,976 Sq ft.
Year Built:
1965
Rental Co:
None
Rental Cottage Number:
 
Annual Income:
 
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