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
703 1st Street, Elizabeth City, NC 27909- MLS# 100500455
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