Great investment opportunity with this multi-unit home in downtown Elizabeth City. Just a short distance to shopping, restaurants, and waterfront offers your tenants a great location at an amazing price. Long term tenants in place for all 3 units making this investment profitable as soon as you close the deal! Offering over a 13% return on investment with its current income of over $1,700 a month! If you have investors this could be the next great addition to their portfolio or a great starting point for new investors with instant cash flow.
Sold for $500 on 05/07/24
$500
914 W Colonial Ave, Elizabeth City, NC 27909
--beds
0baths
2,870sqft
MultiFamily
Built in 1925
-- sqft lot
$-- Zestimate®
$--/sqft
$1,369 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Refrigerator
Features
- Basement: None
Interior area
- Total interior livable area: 2,870 sqft
Property
Parking
- Total spaces: 1
Features
- Exterior features: Other
Lot
- Size: 7,013 sqft
Details
- Parcel number: 891419503426
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1925
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
- Sewer: City Sewer
- Access: City Street
- Location: Corner Lot
- Parking: Off-Street Parking, One Car/Unit, Lot
- Unit Description: One Bath, Refrigerator, Range/Oven
- Occupancy Rate: 90-100%
- County: Pasquotank
- Foundation: Crawl Space
- Type & Style: Triplex
- Heating System: Other, Propane Gas
- Air Conditioning: Window Units
- Average Rental: Over $1501
- Flood Zone: Zone X
- Construction: Frame
- Utilities: Electricity Connected, Sewer Connected, Water Connected, Cable Available
- Water: Public
- Roof: Composition