You’ll need to see this South Nags Head Oceanfront Best Buy!...2020 is the first season it's open for all seasons!..$54,930 for 2020 already…potential to have $80,000!...based on mid April through October full occupancy!...10% gross return!.. $96,875. advertised rental income projection with an added private pool and hot tub...11.3% gross return! The road to ocean homesite creates a very private feel….it’s like having your own beach! Incredible workmanship by Gibbs Construction. THE HOME HAS NEW PAINTED HARDEEPLANK SIDING, TRIM, SOFFITS, FASCIA, SUN DECKS, RAILINGS, PICKETS, AND TWO STAIRWELLS, PLUS A NEW ARCHITECTURAL ROOF. It’s an ideal vacation rental home. The moment you open the front door and see the dramatic two story foyer, it says welcome with a comfortable, inviting, bright and beachy feel. White Atlantic Cedar accent walls create an Old Nags Head cottage feel. Sit and watch the sunrises, dolphins and beach-goers from the dune-top deck or the wet bar with icemaker!...Vacationers love it!.. RECENT UPGRADES INCLUDE BATH LIGHT FIXTURES, KITCHEN UPGRADES INCLUDING A TILE BACK-SPLASH AND NEWER STAINLESS KITCHEN APPLIANCES, AND NEW LIVING ROOM FURNITURE. A full season rental projection $68,500….add a pool and hot tub and watch the rents soar! 2019 advertised rental income is $56,620 which includes many owner weeks and limited availability. Current survey in associated docs (pool addition will need lot coverage modification). Private walkway to the beautiful re-nourished beaches. Incredible central location with a very short walk to the Outer Banks Fishing Pier and Fish Heads Bar and Grill. Quick drive to the Jennette's Pier, Manteo waterfront, Oregon Inlet, and Cape Hatteras National seashore. Worth taking a look... for price, condition and location, it is a best buy for under $800,000!
Listing courtesy of Outer Banks Blue Realty Srvcs.. Selling Office: OBX Realty Group, LLC.
Listed by Daniel Fenyak
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