1410 Hill Street, Kill Devil Hills, NC 27948

Property Description

This very well-maintained property at 1410 Hill St. is in pristine condition and features 4 bedrooms, 3 full bathrooms, and 2,102 square feet across two separate living levels. The property offers maximum flexibility for investors seeking steady cash flow or buyers wanting live-in rental income. The second floor serves as the main living level. An open-concept design seamlessly connects the spacious living room and dining area to a beautifully appointed kitchen featuring white cabinetry, elegant quartz countertops, and modern stainless-steel appliances. A nearby pantry provides convenient, ample storage. A covered deck off this floor extends the entertaining space outdoors and is a perfect spot to feel the ocean breeze. There are also 2 bedrooms located on this floor. The primary suite includes a large closet and private bathroom, while the guest bedroom features its own large closet and semi-private bathroom. Both bedrooms offer good natural light. The ground level operates as a 2-bedroom in-law suite with its own exterior entrance. The space mirrors the upstairs with a kitchen matching the refined finishes, a comfortable living area, and two additional bedrooms sharing a full bathroom. A partially covered deck provides outdoor access to the fenced backyard and hot tub area. The interior connecting stairway can be closed off, allowing the units to function as separate rentals or as a single-family home. Both levels feature attractive and durable luxury vinyl plank flooring throughout. The full-sized stackable washer and dryer are conveniently located in the immaculate garage, accessible to both levels of the property. A relaxing hot tub anchors the fully fenced backyard, with the rear of the lot tree-lined and backing directly to the Nags Head Woods Preserve. The private, fenced yard provides security and privacy, while guests can enjoy a seating and picnic area and experience the tranquility of this maritime forest preserve with its nature trails and diverse wildlife. This property generates rental income with a track record of consistent bookings and excellent guest reviews. The current owners have achieved strong gross rental performance, with professional management projecting $62,000+ annual revenue potential based on comparable properties. The property sits in an X flood zone requiring no flood insurance. The central Kill Devil Hills location provides convenient access within minutes to grocery stores, restaurants, Outer Banks attractions, and a short drive to public beach access points. Positioned on a cul-de-sac, this pristine property offers investors an opportunity to acquire a cash-flowing rental with documented performance history. The sellers' recent price adjustment reflects their motivation to close quickly while maintaining the property's income-producing potential. Based on the projected $62,000 annual revenue, this represents a potential 10.4% return on investment. Whether operated as dual vacation rentals, long-term rentals, or a combination of personal use and income generation, this versatile, well-maintained property delivers both rental income potential and long-term investment stability.