Listing Details For 26651 NC Highway 12 in Salvo

Closing Price:
$829,000
26651 NC Highway 12, Salvo, NC 27927
null bd
null ba
0 sq ft
MLS #: 124924
Status: Closed

Sold Details

Status: Closed
Sold Price: $759,000.00
Closing Date: 11/4/2024
Contract Date: 9/4/2024
Total Days on Market:
Cumulative Days on Market: 180

Listing Information

Area: Salvo Oceanside
Mls Status: Closed
Days On Market: 180
Cumulative Days On Market: 180
Listing Price: $829,000
Original Listing Price: $999,000
Possession: Close Of Escrow
Price Date: 10/31/2024
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Asking Price Per SqFt: $NaN
Year Built: 2004
Sub Type: Multi Unit
Roof: Asphalt
Foundation: Piling
Heating: Heat Pump
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Hatteras Colony
Deed Book: 2407
Deed Book Page Number: 0637
County Pin Number: 065713042605
Price Change: 10/30/2024

Lot Details

Lot Size Acres: 0.55
Lot Size Square Feet: 24000
Waterfront: None
Property Type: COMMERCIAL/INDUSTRIAL

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $3,514.00
Water Source: Public
Contract Status Change Date: 10/31/2024
Estimated Annual Fee Amt: $NaN
Sewer: Non Conventional Septic, Septic Tank

Financials

Bank/Institution Owned: No
Street Frontage : 145

Rental Income

There is no rental income information available

Listing Agent Remarks

Investment opportunity in Salvo. Strong commercial lease in place for 3.5 more years with a property management firm on the ground floor. Above on the second floor are 3 two bedroom apartments. Two are currently month to month-to-month leases, and the third will be on month to month in August 2024. 3 HVAC units were replaced(9/2020, 3/2022, and 12/2022). In 2021 a new septic field for 6 bedrooms was installed. Great central location, solid building, and good financials that can only get better make this a smart investment on the OBX.

Directions

(none)

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 26651 NC Highway 12 in Salvo is provided courtesy of Outer Banks Realty Group . Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 26651 NC Highway 12 in Salvo is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.

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