$374,900
PENDING

1903 S Croatan Hwy Unit Lot 22 Kill Devil Hills, NC 27948

Estimated payment $2,175/month

Total Views 3,108
4 Beds
2.5 Baths
2,768 Sq Ft
$135 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Baseboard Heating
  • Concrete Flooring

About This Home

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. Already considered in the price are residential comparables, as well as 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.

Listing Agent

Chris Toolan

Century 21 Nachman Realty Brokerage Phone: 252-261-6400 License #225076 Listed on: 04/18/2025

Century 21 Nachman Realty

Co-Listing Agent

Maslin Seal

Century 21 Nachman Realty Brokerage Phone: 252-261-6400 License #231048

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1971

Home Design

  • 2,768 Sq Ft Home
  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding
  • Piling Construction

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Municipal Utilities District Water
  • Septic Tank

Additional Features

  • Oven or Range
  • 6,221 Sq Ft Lot

Community Details

  • Lake Drive Dev Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,233

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Headline: Prime Location Opportunity!
  • Section: 2
  • Zoning: C
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved, Public
  • Co List Office Mls Id: 44400
  • Attribution Contact: C: 252-261-6400
  • Ownership: Owned More than 12 Months
  • MLS Status: (30) Under Contract - Under Contract
  • Subdivision Name: Lake Drive Dev
  • Architectural Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Concrete, Plywood, Vinyl

Exterior Features

  • Pool: No
  • Roof: Asphalt
  • Waterfront Features: None
  • Construction Type: Frame
  • Foundation Details: Piling
  • Exterior: Vinyl

Garage/Parking

  • Parking Features: Paved, Off Street

Utilities

  • Heating: Baseboard, Heat Pump
  • Cooling: Window Unit(s)
  • Sewer: Septic Tank
  • Water Source: Municipal

Lot Info

  • Lot Size Sq Ft: 6221.0

Building Info

  • Year Built: 1971

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2233.26

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2025 05/18/25 Pending -- -- --
05/06/2025 05/06/25 Off Market $374,900 -- --
05/02/2025 05/02/25 Pending -- -- --
04/29/2025 04/29/25 For Sale $374,900 0.0% $135 / Sq Ft
04/24/2025 04/24/25 Off Market $374,900 -- --
04/18/2025 04/18/25 For Sale $374,900 -- $135 / Sq Ft
Source: Outer Banks Association of REALTORS®

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Source: Outer Banks Association of REALTORS®

MLS Number: 129038

Outer Banks Association of REALTORS®

North Carolina Dare County Kill Devil Hills 27948

1903 S Croatan Hwy Unit Lot 22, Kill Devil Hills, NC

This home is located at 1903 S Croatan Hwy Unit Lot 22, Kill Devil Hills, NC 27948 and is currently priced at $374,900, approximately $135 per square foot. This property was built in 1971. 1903 S Croatan Hwy Unit Lot 22 is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

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Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Nearby Homes
Chris Toolan
Listing Agent
Chris Toolan
Section Image
Century 21 Nachman Realty
(252) 424-7340