51517 Nc 12 Highway, Frisco, NC 27936

$260,000
2
BD
1
BA
1,128
SqFt
Sold Price
$260,000
List Price
$265,000
Closing Date
Aug 31, 2023
MLS#
120837
Status
SOLD
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
2
Bathrooms
1
Full-baths
1
Living Area
1,128

Property Description

This home sits on 1/2 an acre that is zoned residential/commercial.Currently designed to be a duplex with 2 bedrooms, one full bath and a galley kitchen in each unit (with separate entrances) for a total of 4 bedrooms, 2 baths and 2 kitchens. This home is a great investment opportunity. Property meets the zoning duplex requirements and has an engineered firewall plan.Each apartment has its own electrical panel box and meter. The area under the house has been built to contain 3 partitions/separate entrances for 2 laundry rooms and one party kitchen for outdoor entertaining. 100% New electrical, 100% New plumbing, town water hook up, new GAF architectural roof, new cedar ship lap siding, new sheathing and paper, new doors and double hung windows, new cedar exterior trim, new decks and stairs, new piling foundation, new air handlers and ducts, located in the attic to make the design feel spacious inside and provides potential for EXCELLENT rental income. Having an unfinished interior also provides the opportunity for a buyer to make it their own or to easily convert this property back to a single family home. This LARGE 24,000 SqFt lot backs up to NC State land that will remain undeveloped, ensuring privacy and beautiful views and is just a 4 minute drive to ramp 49 for beautiful beach access! Additionally, being located on NC 12, this property is also a potential commercial opportunity! **See Associated Docs for a complete list of Seller Improvements.

Additional Information

Air Conditioning
Central, Heat Pump
Construction
Frame, Wood
Siding
Lap Siding, Wood
Extras
Storage Shed, Outside Laundry Room
Foundation
Piling
Heating
Central, Electric, Heat Pump
Lot Description
Adj to Park Serv./Preserv, Level
Roads
Paved, Public
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Coastal, Cottage
View
Park Serv/Preserve
Well
Municipal
Zip
27936
Year Built
1959
County
Dare
Annual Rental Income
85000
Annual Rental Income$
85000
Rental Performance
0.3269

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Outer Banks Realty Group. Selling Office: Coldwell Banker Seaside Realty KH.

Listed by Inna Pencheva

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