Skip To Content

26651 Nc Highway 12

Salvo, NC 27927
  • $759,000
  • STATUS: Closed
  • ON SITE: 274 Days
  • MLS #: 124924
Sold - 11/04/2024
$759,000
SOLD - 11/04/2024
  • 0
    BEDS
  • 0.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2004
County:

School Ratings & Info

Description

Investment opportunity in Salvo. Strong commercial lease in place for 3.5 more years with a property management firm on the ground floor. Above on the second floor are 3 two bedroom apartments. Two are currently month to month-to-month leases, and the third will be on month to month in August 2024. 3 HVAC units were replaced(9/2020, 3/2022, and 12/2022). In 2021 a new septic field for 6 bedrooms was installed. Great central location, solid building, and good financials that can only get better make this a smart investment on the OBX.

Monthly Payment Calculator



© 2024 Outer Banks Association of Realtors MLS. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Surf or Sound Realty. Data last updated: 2024-12-08T19:37:41.937.
www.surforsoundsales.com/homes/148397228
Print Image

26651 Nc Highway 12 Salvo, NC 27927

  • Price: $829,000
  • Status: Closed
  • On Site: 274 Days
  • Updated: 20 min ago
  • MLS #: 124924
0
Beds
0
Baths
0
½ Baths
0.55
Acres
2004
Built
Neighborhood:
2476
County:
Dare
Area:
Salvo Oceanside
Property Description
Investment opportunity in Salvo. Strong commercial lease in place for 3.5 more years with a property management firm on the ground floor. Above on the second floor are 3 two bedroom apartments. Two are currently month to month-to-month leases, and the third will be on month to month in August 2024. 3 HVAC units were replaced(9/2020, 3/2022, and 12/2022). In 2021 a new septic field for 6 bedrooms was installed. Great central location, solid building, and good financials that can only get better make this a smart investment on the OBX.
Exterior Features

Construction Materials FrameWood Siding Foundation Details Piling Parking Or Garage 1-25 Spaces Roof Asphalt

Interior Features

Heating Heat Pump

Property Features

Bank Or Institution Owned No Business Or Real Estate Bldg/Land Simple Buyer Financing CashCommercial Current Use OfficeApartment Property Sub Type Multi Unit Sale Or Rent S Sewer Non Conventional SepticSeptic Tank Short Sale No Street Frontage 145 Tax Annual Amount 3514.41 Tax Year 2023 Tenant Pays Electricity Water Source Public Waterfront Features None Zoning S-1

Listing courtesy of Jenny Hawk of Outer Banks Realty Group: .


© 2024 Outer Banks Association of Realtors MLS. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Surf or Sound Realty. Data last updated: 2024-12-08T19:37:41.937.
 
Logo
Surf or Sound Realty
NC Highway 12
Avon NC, 27915