Elizabeth City NC Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- 100468385
- Subdivision:
- None
View additional info
Courtesy: Inner Banks Real Estate Group, Inc.
252-333-1515
ADDITIONAL INFORMATION
Duplex with an EXCELLENT rental history! 100% occupancy and solid tenants! Located on a gorgeous corner lot, it makes dividing the usage much easier. The cap rate on this property is just over 7%, leaving plenty of meat on the bone for any investor! **Seller is participating in a 1031 Exchange, at no cost to Buyer. Please include this language in your offer, and have Sellers name listed with ''&/or Assigns''. Buyer is aware that seller intends to perform an IRS Section 1031 tax-deferred exchange . Seller requests buyers cooperation in such an exchange and agrees to hold Buyer harmless from any and all costs, claims, liabilities or delays in time resulting from such an exchange. Buyer agrees to an assignment of this contract to TowneBank, a qualified Intermediary of the Seller.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1945
- Baths:
- MLS#:
- 100463674
- Subdivision:
- None
View additional info
Courtesy: KRL Investors, LLC
252-312-6415
ADDITIONAL INFORMATION
Price adjusted with repairs in mind. Inspection report available upon request. Property sold as-is.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!
Elizabeth City Real Estate
The median home value in Elizabeth City, NC is $309,450. This is higher than the county median home value of $216,900. The national median home value is $338,100. The average price of homes sold in Elizabeth City, NC is $309,450. Approximately 33.94% of Elizabeth City homes are owned, compared to 49.44% rented, while 16.62% are vacant. Elizabeth City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elizabeth City real estate agent to arrange a tour today!
Elizabeth City, North Carolina has a population of 18,466. Elizabeth City is less family-centric than the surrounding county with 21.91% of the households containing married families with children. The county average for households married with children is 27.52%.
The median household income in Elizabeth City, North Carolina is $44,759. The median household income for the surrounding county is $56,510 compared to the national median of $69,021. The median age of people living in Elizabeth City is 32.8 years.
Elizabeth City Weather
The average high temperature in July is 88.8 degrees, with an average low temperature in January of 29.4 degrees. The average rainfall is approximately 47.7 inches per year, with 2.1 inches of snow per year.