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Off market
    • $603,300

    1202 Carolina Ave, Elizabeth City, NC 27909

    --beds
    0baths
    4,800sqft
    MultiFamily
    Built in 1952
    -- sqft lot
    $603,300 Zestimate®
    $126/sqft
    $1,588 Estimated rent

    Owner options

    List your home for rent

    $1,588/mo

    Rent Zestimate®

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    $1,588/mo

    Rent Zestimate®

    Refinance and save

    $3,434/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $3,434/mo

    Est. payment

    What's special

    Great investment opportunity with this eight unit apartment building in Elizabeth City historic Riverside area. Originally known as the Gill Professional Building. Just a short walking distance to the riverfront, as well as being close to shopping & local restaurants.Currently all units are leased making this investment profitable as soon as you close the deal. Offering over a 9% return on investment with its current income of over $5,500 a month. If you have investors this could be the next great addition to their portfolio with instant cash flow. Bring them to take a look!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Other
    Appliances
    • Included: Refrigerator
    Interior area
    • Total interior livable area: 4,800 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 10,802 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1952

    Utilities & green energy

    • Sewer: City Sewer
    • Utilities for property: Natural Gas Available, Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Elizabeth City

    Other

    Other facts
    • Type & Style: Five or More Units
    • Ownership Rights: Not Applicable
    • Sewer: City Sewer
    • Access: City Street
    • Location: Corner Lot, City
    • Parking: Off-Street Parking
    • Unit Description: Refrigerator, Range/Oven
    • Type Rental: Annual
    • Occupancy Rate: 90-100%
    • County: Pasquotank
    • Foundation: Crawl Space
    • Owner Expenses: Water, Sewer, Lawn Care, Electricity, Heating, Cooling
    • Heating System: Other, Water to Air Heat Pump
    • Air Conditioning: Other, Window Unit(s)
    • Utilities: Natural Gas Available, Electricity Connected, Sewer Connected, Water Connected
    • Average Rental: $701-$900
    • Flood Zone: Other
    • Water: County
    • Construction: Brick
    • Roof: Flat
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $603,300
    2% more+$12,066
    With Zillow Showcase(estimated)$615,366

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