319 W Ocean Acres Drive, Kill Devil Hills, NC 27948

Property Description

Great Investment! Money Maker! BRAND NEW ROOF! Perfect home for a family and in-laws/parents/children... part rental... many opportunities!!! Whether you’re an investor seeking reliable income or a homeowner looking to offset your mortgage, this property quietly checks every box. Each floor offers a thoughtfully designed 2-bedroom, 2-bath layout that balances comfort with practicality. Step into the to floor and you’re greeted by an airy living space that feels both bright and welcoming. The true highlight, though, is the expansive screened porch—an ideal spot for morning coffee, evening unwinding, or hosting friends without ever worrying about the elements. It’s the kind of feature that turns a rental into a retreat, making it especially appealing to long-term tenants or an owner-occupant who values a private outdoor escape. Downstairs, the lower level has its own charm. A smaller screened porch offers a cozy nook for quiet moments, while the direct access to outdoor space creates a natural extension of the home. There’s room here for a garden, a seating area, or even a small fenced yard—details that renters notice and appreciate. The connection to the ground-level surroundings gives this floor a distinct personality, making it just as desirable in its own way. The large corner lot is more than just a backdrop—it’s an asset. Extra parking potential, and room to expand or enhance, it opens the door to future improvements or increased value over time. Tucked neatly on the property, a storage shed provides practical space for tools, seasonal items, or tenant use, adding yet another layer of convenience. From an investment perspective, the flexibility is where this home truly shines. Live in one unit and rent out the other to significantly reduce your monthly expenses, turning homeownership into a more manageable—and even strategic—financial move. Alternatively, rent both levels and enjoy a steady stream of income from a property designed to attract and retain tenants. The home is a smart addition to any real estate portfolio. In a market where versatility, multi-family and value are increasingly rare, this home stands out as a property that adapts to your goals. Whether you’re starting your investment journey, expanding it, or simply looking for a home that helps pay for itself, this corner-lot duplex is ready to deliver. Currently generating $49K in steady annual income with projection of $54K! No septic worries-connected to town sewer. All windows replaced 2023 for enhanced energy efficiency and storm resilience. What a bargain!