Under contract

(30) Under Contract -...

26651 Highway 12

Salvo NC, 27927

$829,000


Under contract

(30) Under Contract -...

Commercial

Built in 2004

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.

124924

MLS ID

October 16, 2024

Listed

October 23, 2024

Updated

Map

26651 Highway 12
Salvo NC, 27927

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Size

0.55 Acres


Roof

Asphalt


Sewer

Septic Tank

Other Property Details

Area Name

Salvo Oceanside


Taxes

$3,514


Tax Frequency

Annually


Garage

No


View

No


County

Dare


Water Source

Public


Pool

No


Zoning

S-1

Listing History

Date

Event

Price

10/16/2024

Under contract

9/4/2024

Pending

7/2/2024

Price change

$829,000

-8%

4/17/2024

Price change

$899,000

-11%

Courtesy of Outer Banks Realty Group, Jenny M Hawk,
Listing Contact:  

Based on information from Outer Banks Association of REALTORS® as of 10/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated on 10/23/2024 at 11:48 AM UTC

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