Map
Listed price in listed location currency (USD).
$449,000

300

MLS® 133546

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1791 sqft
Garage 
Taxes $2,053
Days Active 3
Lot Size 
Approx. Age 1984
Avg. Price Per Sqft $250
MLS® Number 133546

Property Address: 3935 Smith Street, Kitty Hawk, NC, 27949

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity just a short walk from the beach! This income-producing property offers two separate rental units with established rental history, making it an ideal addition to an investment portfolio or an excellent option for an owner seeking supplemental rental income. The upper-level unit features three spacious bedrooms and two full bathrooms with a comfortable, well-designed floor plan that appeals to long-term tenants. This unit is currently occupied by a reliable long-term renter paying $2, 250 per month, providing immediate, consistent cash flow. The lower-level unit offers a one-bedroom, one-bath layout complete with a living area and kitchenette. It is also long-term tenant occupied for $1250/mo. Together, the property produces $3, 500 in monthly rental income with both units already leased. Inside, both units are in nice, move-in-ready condition, allowing a new owner to continue collecting rental income without the need for significant interior improvements. The functional layouts, well-maintained interiors, and proximity to the beach make this property attractive to both current and future tenants. The exterior presents an opportunity for value-added improvements. The home will benefit from replacement of the siding, exterior deck, and stairs, providing the next owner with the chance to enhance curb appeal while increasing the property's long-term value. The owner is currently cleaning and improving the yard, further enhancing the outdoor space. Adding to its appeal, the property offers a beach view and is located within an easy walk of the shoreline, allowing tenants to enjoy coastal living without the premium price of direct waterfront ownership. This desirable location supports strong rental demand and long-term investment potential. Whether you're looking to expand your rental portfolio, generate immediate income, or invest in a property with upside potential, this duplex offers an appealing combination of established cash flow, desirable location, and future improvement opportunities. Don't miss the chance to own a versatile coastal investment with steady income and room to add value.
MLS® Number133546
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1984
Basement
DrivewayOff Street, Attached, Carport
Garage Spaces
HeatHeat Pump, Mini-Split
A/CCentral Air, Heat Pump, Multi Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 22, 2026List Date
$449,000List Price
  • Commute

Commute

Starting Address
Destination Address
3935 Smith Street, Kitty Hawk, NC

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