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1004 South Road

Elizabeth City, NC 27909
  • $260,000
  • STATUS: Active
  • ON SITE: 73 Days
  • MLS #: 100463674
$260,000
  • 4
    BEDS
  • 0.29
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1945
County:

School Ratings & Info

Description

Discover a fantastic real estate investment opportunity in the heart of Elizabeth City, NC! This unique deal offers two properties, featuring a total of three fully rented units--perfect for investors seeking immediate rental income.Property 1: A charming duplex with two beautifully renovated units, each offering 2 bedrooms and 1 bathroom. These spacious units provide modern comforts, having been upgraded within the last 5 years to appeal to today's renters.Property 2: A stunning single-family brown brick home, painted to perfection and thoughtfully renovated within the past 5 years. This expansive home features 5 bedrooms, offering ample living space and comfort for tenants.Located near downtown Elizabeth City, these properties are just a 5-minute drive from the Coast Guard Base, making them highly desirable to potential renters. With all three units currently rented out, and a couple of minor repairs this investment opportunity provides cash flow from day one.Don't miss out on this incredible chance to own two renovated properties with three income-generating units!

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Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-11-12T00:30:46.59.
www.remaxessential.com/homes/154399738
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1004 South Road Elizabeth City, NC 27909

  • Price: $260,000
  • Status: Active
  • On Site: 73 Days
  • MLS #: 100463674
4
Beds
3
Baths
0
½ Baths
0.29
Acres
1945
Built
Neighborhood:
None
County:
Pasquotank
Area:
Elizabeth City
Property Description
Discover a fantastic real estate investment opportunity in the heart of Elizabeth City, NC! This unique deal offers two properties, featuring a total of three fully rented units--perfect for investors seeking immediate rental income.Property 1: A charming duplex with two beautifully renovated units, each offering 2 bedrooms and 1 bathroom. These spacious units provide modern comforts, having been upgraded within the last 5 years to appeal to today's renters.Property 2: A stunning single-family brown brick home, painted to perfection and thoughtfully renovated within the past 5 years. This expansive home features 5 bedrooms, offering ample living space and comfort for tenants.Located near downtown Elizabeth City, these properties are just a 5-minute drive from the Coast Guard Base, making them highly desirable to potential renters. With all three units currently rented out, and a couple of minor repairs this investment opportunity provides cash flow from day one.Don't miss out on this incredible chance to own two renovated properties with three income-generating units!
Exterior Features

Attached Garage Spaces 0.00 Construction Brick/Stone Detached Garage Spac 0.00 Exterior Finish BrickVinyl Siding Fencing None Foundation Crawl Space Location Type Mainland Lot Dimensions 138x59x147x119 Lot Sq Ft 12632.00 Parking Driveway GravelPaved Porch Balcony Deck Covered Road Type Frontage Public (City/Cty/St) Roof MetalShingle Total Carport Spaces 0.00 Waterfront No Waterview No

Interior Features

1 Bedroom Cooling Wall/Window Unit 1 Bedroom Heating ElectricHeat Pump 1 Bedroom Units Avg Sqft 630 1 Bedroom Units Full Baths 1 1 Bedroom Units Half Baths 0 1 Bedroom Units Total Rooms 3 2 Bedroom Cooling Wall/Window Unit 2 Bedroom Heating ElectricHeat Pump 2 Bedroom Units Avg Sqft 1080 2 Bedroom Units Full Baths 1 2 Bedroom Units Half Baths 0 2 Bedroom Units Total Rooms 7 Cooling System Wall/Window Unit(s) Efficiency Apartment Avg Sqft 630 Efficiency Apartment Full Baths 1 Efficiency Apartment Half Baths 0 Efficiency Apartment Rent 950.00 Efficiency Apartment Total Rooms 3 Efficiency Heating ElectricHeat Pump Fireplace None Heating System Heat Pump Interior Features None Stories Levels 1st Floor2nd Floor

Property Features

1 Bedroom Rent Freq Annual 1 Bedroom Units Occupied Yes 1 Bedroom Units Rent 950.00 2 Bedroom Rent Freq Annual 2 Bedroom Units Occupied Yes 2 Bedroom Units Rent 1200.00 City Limits Yes Cobra Zone No Efficiency Apartment Occupied Yes Efficiency Rent Freq Annual Financials Available Yes Fuel Tank None Heating System Fuel Source Electric Hoa YN No Multifamily Sub Type Triplex New Construction No Possession Subject To Tenant Rights Property Management Company Yes Property Taxes 1801.33 Stipulation Of Sale None Tax Year 2021 Zoning R-6



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of Michai Staten of KRL Investors, LLC: (252) 312-6415.


Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-11-12T00:30:46.59.
 
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Wilmington NC, 28403