Listing Details For 1206 Boundary Street in Kill Devil Hills
|MLS #: 101853|
1206 W Boundary Street
Kill Devil Hills, NC 27948
|Selling Price: $190,000|
Asking Price: $225,000
Closing Date: 12/21/2018
Status: Sold CO OP by Member
Status Date: 1/12/2019
|Headline||7 Units w/ Septic Permit|
|Area||Kill Devil Hills Westside|
|Original Asking Price||$225,000|
|Total Tax Assessed Value||$100,100|
|Cumulative Days On Market||17|
|Listing Type||Exclusive Right Sell|
|Update Date||1/12/2019 10:01:46 PM|
Lot Details & Legal Description
|Address||1206 W Boundary Street|
|Subdivision||Kdh Realty Corp|
|Full Subdivision Name||Kill Devil Hill Realty Corp|
|Doc Timestamp||8/31/2018 9:50:00 PM|
|Lot Size/Dimensions||26745 Sq Ft|
Property Expense & Utilities
If the seller of this property located at 1206 Boundary Street in Kill Devil Hills has provided the expenses, you will see them below, as provided by the listing agent. If there are no expenses listed, give Shore Realty of the OBX a call and let us do the research for you. It helps to know! Local 252-441-3416 or 800-647-1868. OBX Local experts here to help you!
|Potential Short Sale Y/N||No|
|Associated Document Count||8|
This section will only apply to homes already in a some type of rental program. If the property located at 1206 Boundary Street is used as a vacation rental home or as a year round rental, you will see the income listed below if provided by the seller's agent. A lack of rental numbers does not necessarily mean the property is not rented out. For more call 800-647-1868 and we can get you the actual rental numbers.
Listing Agent Remarks
Almost two-thirds of an acre in the heart of Kill Devils. Zone LI2. This parcel qualifies for 7 multifamily units and a wide range of other uses. It has a septic permit for inexpensive gravity systems (three - 4 BR-480 GPD and one - 2 BR-240 GPD bed system) in place without expiration. See permit and email for details on the ground water which was found to require 12" of fill - 18" in a small area on the SE corner. The septic systems permitted are a huge cost savings. Last summer (2017) the rules changed dramatically and one could not obtain this approval anymore. Basically because you cannot use the repair area as the setback for the active area anymore. It would require almost twice as much space or a very expensive pre-treatment sewage plant. There is one active water meter. KDH has a work force housing ordinance and it would allow for reduced or eliminated fees (Water, Review, Building permit) for 5 of the seven units. One could build a multi-use project. Have your residence, workshop and have rental units - A wedding catering operation could operate from here. You could use one 4 BR system for your house, one for your shop, One for your wedding catering operation and the last 4 BR system and the 2 BR system for your 3 rental units. Open the box of possibilities here. Or keep it simple - the demand for small affordable rental units is now and always will be high. You could do seven 2 BR units with the town pitching in on the expenses and helping you to find the (very grateful) tenants and gross $84,000 plus a year. That is Oceanfront money without the huge weekly rental expenses and commission. You will see on the site plane TV TWR - I was going to put in a 40' aerial tower so that residents did not have to buy cable. Also, Silicone Travel said
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 1206 Boundary Street in Kill Devil Hills is provided courtesy of Bob Evans of Bob Evans, Broker. 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 1206 Boundary Street in Kill Devil Hills 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.
The school systems on the Outer Banks are never lacking for money. With most of the property owners living out of town, there is a disproportionate amount of tax money available to the schools, the result is lots of money spent per pupil.
We have 2 county school systems on the OBX, the Currituck County School System for residents of Corolla and the Currituck Mainland AND the Dare County School System for residents of the beach's from Duck south through Nags Head to Hatteras Island, Manteo and the Dare County Mainland.
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