Address
3935 Smith Street, Kitty Hawk, NC
Price
$ 449,000
Property Attributes
- MLS#133546
- TypeSingle Family
- Listing Status Contingent
- CountyDARE
- CityKitty Hawk
- AreaKitty Hawk Westside
- NeighborhoodTed Wood Kh Ter
- Zip27949
- StyleSingle Family - Detached
- Year Built1984
- Taxes$ 2052
- Price$ 449,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1791
Data Source:
Outer Banks MLS (OTBMLS)
Property 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.
| Price History | |
|---|---|
| 7/23/2026 | Listed $449,000 |
General Features
| Zoning | BC-2 |
|---|---|
| Subdivision | Ted Wood Kh Ter |
| County | Dare |
| Class | RESIDENTIAL |
| Type | Single Family - Detached |
| Area | Kitty Hawk Westside |
| Ownership | Owned More than 12 Months |
| Status | Under Contract |
| HOA | No |
| Directions | Headed South on Croatan Hwy. Right on Lillian. Left on Smith. House on your left. |
| City | Kitty Hawk |
| Taxes | 2052.63 |
| DOM | 20 |
| Flood Zone | X |
Interior Features
| Total Bedrooms | 3 |
|---|---|
| Full_Baths | 3 |
Exterior Features
| Pool | No |
|---|---|
| Waterfront Location | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 27949
Price
Taxes
Year Built
Visits
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