9629 E E Spencer Street, Nags Head, NC 27959

$549,000
3
BD
2
BA
960
SqFt
List Price
$549,000
MLS#
105134
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
3
Bathrooms
2
Full-baths
2
Living Area
960
Neighborhood
Suffolk Colony

Property Description

TURN KEY! PROJECTED TO HAVE 12% ROI, AND GENERATE $65,850 IN ANNUAL INCOME or with the addition of a hot tub this home is projected to do $77,635. Introducing 'Just Beachy' - updates galore on this oceanfront home in South Nags Head with unbeatable ocean views and is a consistently strong rental producer. Convenient to the central Outer Banks and a short drive to Hatteras Island. You're close to shopping, The Outer Banks Fishing Pier/Fish Heads Bar & Grill, restaurants and just minutes away from the famous Oregon Inlet Fishing center. Located on the oceanfront at the end of a cul-de-sac on a quiet side street with no through traffic! Enjoy peaceful beach days and easy ocean access right out your front door! Incredible deck space overlooking the beautiful Atlantic and a huge screened in porch. Great places to watch the sunrise with cup of coffee in the morning! New roof in 2014, new kitchen with granite counters and stainless steel appliances in 2015, new hardwood floors in 2015, new HVAC in 2015, new siding in 2014, and new windows in 2006. 'Just Beachy' is the rare, updated oceanfront gem you've been looking for!

Additional Information

Air Conditioning
Central, Heat Pump
Appliances
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Construction
Frame
Countertops
Granite
Extras
Beach Access, Covered Decks, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
Heating
Central, Heat Pump
Interior Features
Dryer Connection, Washer Connection
Lot Description
Beach Frontage, Water Frontage
Possession
At Closing
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Beach Box, Coastal
View
Ocean
Well
Municipal
Zip
27959
Neighborhood
Suffolk Colony
Year Built
1975
Directions
Driving South on the beach road, turn East on Spencer St. Home is at the end on the left.
County
Dare
Annual Rental Income
65850
Rental Co
Cola F. Vaughn Realty
Rental Cottage Name
Just Beachy
Furnishings Available
Yes
Annual Rental Income$
65850
Rental Performance
0.1199
Yr Electric Expense
1199
Yr Cable TV Expense
790
Insurance Expenses
$1,301
Flood Expenses
432

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Four Seasons Realty.

Listed by Jo Ann Konstanzer

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