703 1st Street, Elizabeth City, NC 27909 (MLS# 100500455)
703 1st Street, Elizabeth City, NC 27909
$325,000





















































Property Type:
Multi-Family
Bedrooms:
5
Baths:
3
Square Footage:
2,672
Lot Size (sq. ft.):
7,405
Status:
Closed
Current Price:
$325,000
List Date:
4/11/2025
Last Modified:
6/05/2025
Description
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.
More Information MLS# 100500455
Contract Info
Status: Closed
Delayed Marketing?: No
Marketing Start Date: 2025-04-11
Sub-Type: Triplex
Listing Price: 325000
Current Price: $325,000
List Price/SqFt: 121.63
Stipulation of Sale: In Foreclosure
Location Information
Street #: 703
Street Name: 1st
Street Suffix: Street
County: Pasquotank
State/Province: NC
Zip Code: 27909
City Limits: Yes
Marketing City: Elizabeth City
Subdivision: None
Geo Lat: 36.304478
Geo Lon: -76.218251
Remarks and Showing
Directions to Property: Fom E Elizabeth St, turn right on N Poindexter St, turn left on to E Cypress St, turn right onto 1st, house will be on left. Sign in yard.
Sign on Property: Yes
Building Info
New Construction: No
Property ExteriorInterior Info
# Bedrooms: 5
SqFt - Heated (Primary): 2672
Legal and Taxes
Tax Assessed Value: 88700
Deed Book: 1402
Deed Page: 387
Legal: 703 First St, Elizabeth City, NC 27909
Broker Owner: No
PID: 0013773
Tax Identifier: 891420915125
Plat Book: na
Plat Page: na
Total Real Estate Property Taxes: 1541.27
Special Assessments: none
Tax Year: 2023
Year Built: 1900
Zoning: R-6
Cobra Zone: No
Elementary School: Sheep-Harney Elementary
Middle School: Elizabeth City Middle School
High School: Pasquotank High School
Status Change Info
Under Contract Date: 2025-04-17
Sold Price: $325,000
Sold Date: 2025-06-04
Current Service Providers
Natural Gas Provider: Piedmont Natural Gas Co.
Property Features
Attic: Access Only; Attic Fan
Construction: Wood Frame
Exterior Finish: Vinyl Siding
Fencing: Chain Link
Foundation: Brick/Mortar; Crawl Space
Fuel Tank: Propane Above Ground
Fuel Tank Ownership: Leased
Parking Features: Detached; On Site; Street Only
Patio and Porch Features: Deck; Porch
Roof: Architectural Shingle
Cooling: Central Air; Wall/Window Unit(s)
Heating: Forced Air
Heating System Fuel Source: Natural Gas; Propane
Water Heater: Natural Gas
Utilities: Natural Gas Connected; Sewer Available; Water Available
Water Source: Municipal Water
Sewer: Municipal Sewer
Fireplace: None
Interior Features: Apt/Suite
Laundry Location: In Hall; Laundry Closet
Listing Office: Water Street Real Estate Group
Last Updated: June - 05 - 2025
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