Great investment opportunity! No vacancies and it is producing over $30k a year in rent. Units A & B have 2 bedrooms, full size kitchens, dining room and extra storage space. Off street parking at the rear of the building. C building offers retail space on first floor. Currently a pet grooming shop. One bedroom apartment on second floor. This income producing is ready for the next investor. Call for your appointment to see it today.
Off market
$315,500
401 E Fearing St, Elizabeth City, NC 27909
--beds
0baths
2,177sqft
MultiFamily
Built in 1916
-- sqft lot
$315,500 Zestimate®
$145/sqft
$1,231 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
 
Heating
- Wood / Pellet
 
Appliances
- Included: Refrigerator
 
Features
- Basement: None
 
Interior area
- Total interior livable area: 2,177 sqft
 
Property
Features
- Exterior features: Other
 
Lot
- Size: 6,699 sqft
 
Details
- Parcel number: 891308896193
 
Construction
Type & style
- Home type: MultiFamily
 - Architectural style: Colonial
 
Condition
- Year built: 1916
 
Utilities & green energy
- Sewer: City Sewer
 - Utilities for property: Electricity Connected, Sewer Connected, Water Connected, Cable Available
 
Community & neighborhood
Location
- Region: Elizabeth City
 
Other
Other facts
- Ownership Rights: Not Applicable
 - Foundation: Slab, Crawl Space
 - Sewer: City Sewer
 - Access: City Street
 - Location: Corner Lot, City
 - Parking: Off-Street Parking
 - Unit Description: One Bath, Refrigerator, Range/Oven, Porch, Blinds, Balcony/Patio
 - Occupancy Rate: 90-100%
 - County: Pasquotank
 - Type Rental: Monthly
 - Average Rental: $501-$700
 - Flood Zone: X (Shaded), Zone C
 - Type & Style: Fourplex
 - Heating System: Other, Space Heater
 - Storage: Attic
 - Air Conditioning: Window Units, Wall Units
 - Construction: Frame
 - Utilities: Electricity Connected, Sewer Connected, Water Connected, Cable Available
 - Water: Public
 - Roof: Composition
 - Owner Expenses: Management
 
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$315,500
2% more+$6,310
With Zillow Showcase(estimated)$321,810