603 E Colonial Avenue 1

Elizabeth City, NC 27909

About this property

Downtown living or income producing Air BNB property! This historical corner building now houses a beautiful designed 2 bedroom / 1 bath condo known as 1920 Condominiums. Experience urban living at its finest in this beautifully restored property featuring originial wood floors, exposed brick walls, abundant natural light from large windows throughout. In 2020 the bath was renovated and kitchen subway tiles were installed. Just one block from the waterfront, enjoy the convenience of shopping, dining, and a vibrant social scene right outside your door. Covered parking space is included. Currently income-producing with a strong rental history and high cap rate. HVAC 2017, Water Heater 2018, Dishwasher and Refrigerator 2020. HOA installed a new roof approx 2013. Property may be purchased fully furnished or continue as an AirBNB, either way it's a turn key opportunity! . No flood insurance required.

About this property

Downtown living or income producing Air BNB property! This historical corner building now houses a beautiful designed 2 bedroom / 1 bath condo known as 1920 Condominiums. Experience urban living at its finest in this beautifully restored property featuring originial wood floors, exposed brick walls, abundant natural light from large windows throughout. In 2020 the bath was renovated and kitchen subway tiles were installed. Just one block from the waterfront, enjoy the convenience of shopping, dining, and a vibrant social scene right outside your door. Covered parking space is included. Currently income-producing with a strong rental history and high cap rate. HVAC 2017, Water Heater 2018, Dishwasher and Refrigerator 2020. HOA installed a new roof approx 2013. Property may be purchased fully furnished or continue as an AirBNB, either way it's a turn key opportunity! . No flood insurance required.

Features and Additional Information

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$242,900 Active
2 Bed(s)
1
Bath
1,039 sqft

Presented By Coldwell Banker Commercial HPW Select

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Get in touch today! Phone: 1-919-845-3735
Brokerage
BHHS RW Towne - Moyock
1-252-435-6233
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Area Information

| Pasquotank County |

$ 242,900
This listing is play_arrow 137.7% higher than the average in the area
$ 102,180 in the area
1,039 SqFt
This listing is play_arrow 84.7% smaller than the average in the area
6,812 SqFt in the area
$ 234 $/SqFt
This listing is play_arrow 1458.5% more than the average in the area
$ 15 $/SqFt in the area
216 days on site
This listing is play_arrow 36.5% below the average in the area
340 days on site in the area

Schools in the Area

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    Elementary School
    Sheep-Harney Elementary
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    Middle School
    River Road Middle School
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    High School
    Northeastern High School
Listed By The Morrisette Group
Brokerage: BHHS RW Towne - Moyock

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