3935 Smith Street, Lot 9, Kitty Hawk, NC 27949
3935 Smith Street, Lot 9, Kitty Hawk, NC 27949
3935 Smith Street, Lot 9, Kitty Hawk, NC 27949
3935 Smith Street, Lot 9, Kitty Hawk, NC 27949
3935 Smith Street, Lot 9, Kitty Hawk, NC 27949
3935 Smith Street, Lot 9, Kitty Hawk, NC 27949
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Mark Pearson

Mark Pearson

+1(252) 573-9198
$ 449,000
Est. payment | /mo

3 Beds

3 Baths

1,791 SqFt

Save
$ 449,000
Est. payment | /mo
Save

3 Beds

3 Baths

1,791 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family - Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,791 sqft

Price per Sqft $250

Subdivision Ted Wood Kh Ter

MLS Listing ID 133546

Style Coastal

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1984

Tax Year 2025

Property Sub-Type Single Family - Detached

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.

Location

State NC

County Dare

Area Kitty Hawk Westside

Zoning BC-2

Interior

Interior Features Dryer Connection, Ensuite, Washer Connection

Heating Heat Pump, Mini-Split

Appliance None

Exterior

Exterior Feature Wood

Parking Features Attached, Carport

Waterfront Description None

View Y/N No

Roof Type Asphalt/Fiber Shingle

Private Pool No

Building

Lot Description Level

Foundation Piling

Sewer Private Septic

Water Municipal

Others

Ownership Owned More than 12 Months

Outer Banks MLS (OBMLS)
Copyright © 2026 Outer Banks Association of Realtors. All rights reserved.
Listed by Lynn Bulman Howard Hanna Outer Banks Realty

NEARBY SCHOOLS & PROPERTIES

Mark Pearson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(252) 573-9198

mark@obxlivingteam.com

5960 Fairview Rd Ste. 400, Charlotte, NC, 28210, United States

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3935 Smith Street, Lot 9