Property Description
This multi-use building is what every business needs in a prime location in KDH on the highway with an Annual Average Daily Traffic of 37,000 vehicles (NCDOT). Employee housing up top, center of town showroom or storage on the ground floor. Annual lease rental income is currently $2000/month and the ground floor has historically rented for $1200/month, potential annual rents of $38,000. You cannot get that rental performance from any other house for the price in the heart of Kill Devil Hills. The current tax value is $479,000. Contemplated in the price are residential comparables, and the existing need for new septic, windows, water heater, siding, interior cosmetic finishes and various repairs, while it currently remains functional enough for rental income. Command light on this thriving business intersection. Adjoining lot is listed for sale MLS#127695. Multiple tenants with different schedules live at this property. Please do not enter the building without appointment. Central heating and cooling are for the ground floor shop area only; electric baseboard and window units are for heating and cooling in the residence. Existing window units convey. No septic information is available from Dare County. Home has had four bedrooms since built, and based on tank size, we have listed the home as four bedrooms.
Interior Features
: Heat Pump, Baseboard
: Window units
Carpet,Concrete,Plywood,Vinyl
: Range/oven, Refrigerator
No
Exterior Features
None
No
Private
: Traditional
: Vinyl
: Frame
Piling
Asphalt/Fiber Shingle
: Paved, Off street
0.14 Sqft
C
0
Additional Info
Dare
Kill Devil Hills
$0
No
: Municipal
129038
2024
2233.26
: Private septic
: Active
X
History
04/19/2025
$374,900
04/19/2025
$374,900
2
0
$0
Listing Agent
Christopher Toolan
CENTURY 21 Nachman Realty
Maslin Seal
CENTURY 21 Nachman Realty
Address Map
Croatan Highway
1903
Lot 22
W76° 21' 1.1''
N35° 59' 44.8''

1903 Croatan Highway
Kill Devil Hills NC 27948

Subdivision: Lake Drive Dev
4 Bedrooms
2 Full Baths
2,768 Sqft
$374,900
MLS number #129038
Listing Date: 04/18/2025
Basic Details
Property Type : Single Family - Detached
Area : Kill Devil Hills B/w Hwys
Bedrooms : 4
Full Baths : 2
Partial Baths : 1
Heated living area : 2,768 Sqft
Year Built : 1971
Approx. Lot SqFt : 6221
Status : Active
Days on Market : 2
Subdivision : Lake Drive Dev
Agent info
Contact Agent
MLS#
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