26651 NC Highway 12 Lot 3B, Salvo

Investment opportunity in Salvo. Strong commercial lease in place for 3.5 more years with a property management firm on the ground floor. Above on the second floor are 3 two bedroom apartments. Two are currently month to month-to-month leases, and the third will be on month to month in August 2024. 3 HVAC units were replaced(9/2020, 3/2022, and 12/2022). In 2021 a new septic field for 6 bedrooms was installed. Great central location, solid building, and good financials that can only get better make this a smart investment on the OBX. *Listing provided courtesy of the MLS.