$149,900
For Sale

113 E Cypress Street

Elizabeth City, NC 27909
1974 sqft | 4 beds | 0.11 acres | #100468385
Browse 13 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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.

  • Property Details
      • Utility FeaturesCounty Sewer, County Water, Water Connected, Sewer Connected
      • AppliancesStove/Oven - Electric, Refrigerator
      • Middle SchoolElizabeth City Middle School
      • Parking FeaturesShared Driveway, Unpaved
      • Elementary SchoolSheep-Harney Elementary
      • High SchoolPasquotank High School
      • CoolingWall/Window Unit(s)
      • HeatingBaseboard, Electric
      • Cooling FeaturesWall/Window Unit(s)
      • Parcel Number891420816571
      • Lot FeaturesCorner Lot
      • Lot DescriptionCorner Lot
      • CountyPasquotank
      • Structure TypeWood Frame
      • MLS #100468385
      • MLS #100468385
      • Parking TypeDriveway
      • Original List Price$165,000
      • RoofShingle
      • Taxes Annual$1,403
      • Cost149900
      • Property SubtypeDuplex
      • FoundationBlock
      • Acres0.11
      • Square Feet1974
      • Year Built1930
      • ZoningR-6
      • Days on Market (Cumulative)148
      • Bedrooms4
      • Stories2

Location

Debi Schautteet | FAB Real Estate Services, LLCReal Estate Group

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