113 E Cypress Street , Elizabeth City, NC 27909
Elizabeth City, NC 27909
Description
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.
Details
| MLS# | 100468385 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 14 |
| Listing Provided By | Inner Banks Real Estate Group, Inc. | Lisa Brown |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| N/A | 1,974 |
| Story(s) | 2 |
| Zoning | R-6 |
| Acreage | 0.11 |
Market Activity 27909
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Learn More About This Property
| State | NC |
|---|---|
| County | Pasquotank |
| City | Elizabeth City |
| Zip Code | 27909 |
| Area | Pasquotank |
| School District | Pasquotank High School |
| Elementary School | Sheep-Harney Elementary |
| Middle School | Elizabeth City Middle School |
| High School | Pasquotank High School |
| Listing VS Median (in 27909) | |
Price: $165,000 low | high Med: $334,990 SqFt: 1,974 low | high Med: 2,600 $ / SqFt: $84 low | high Med: $129 On Site: 14 low | high Med: 52.000000 | |