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Under contract
  • $325,000

    703 1st Street, Elizabeth City, NC 27909

    5beds
    3baths
    2,672sqft
    : 
    Triplex
    Built in 1900
    -- sqft lot
    $321,000 Zestimate®
    $122/sqft
    $-- HOA

    What's special

    Don't miss this rare opportunity to own a triplex in the heart of downtown Elizabeth City! This well-maintained property features three separate units: two 1-bedroom, 1-bath apartments on the first floor, and a spacious 3-bedroom, 1-bath apartment upstairs. With a long-standing rental history and thoughtful care over the years, this property is perfect for investors looking for an income-producing opportunity. The home sits on a generous lot with a detached garage and a large, open yard — offering plenty of outdoor space for tenants or future possibilities. Apartment C is being sold fully furnished, adding immediate value for short-term or long-term rental potential. Located just one block from the Pasquotank River, tenants will enjoy easy access to downtown dining, shopping, and waterfront activities. Recent updates include fresh flooring, paint, and bathroom renovations throughout the units. Whether you're expanding your rental portfolio or looking to live in one unit and rent the others, this is a versatile investment in a charming, growing community.
    16 days
    on Zillow
    |
    380
    |
    34
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 17, 2025 at 01:57pm

    Listed by:

    Heather And Company 252-435-7111,

    Water Street Real Estate Group

    Source: Hive MLS,MLS#: 100500455MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air, Natural Gas, Propane
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Laundry: Laundry Closet, In Hall
    Features
    • Apt/Suite
    • Basement: Crawl Space
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,672
    • Total interior livable area: 2,672 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, On Site, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Porch
    • Fencing: Chain Link
    Lot
    • Size: 7,405.2 Square Feet
    • Dimensions: 49 x 149 x 47 x 149
    Details
    • Parcel number: 891420915125
    • Zoning: R-6

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Brick/Mortar
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Municipal Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Elizabeth City

    Financial & listing details

    • Price per square foot: $122/sqft
    • Tax assessed value: $88,700
    • Annual tax amount: $1,541
    • Date on market: 4/11/2025
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