113 E Cypress ST Active Save Request In-Person Tour Request Virtual Tour
Elizabeth City,NC 27909
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,974 sqft
Price per Sqft $83
MLS Listing ID 100468385
Style Wood Frame
Bedrooms 4
HOA Y/N No
Originating Board North Carolina Regional MLS
Year Built 1930
Annual Tax Amount $1,403
Lot Size 4,792 Sqft
Acres 0.11
Lot Dimensions 40' X 128' X 39' X 173'
Property 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.
Location
State NC
County Pasquotank
Zoning R-6
Direction From N. Road Street, turn onto Cypress, and look for corner of Etheridge & Cypress.
Rooms
Basement None
Interior
Interior Features None
Heating Baseboard,Electric
Cooling Wall/Window Unit(s)
Flooring Vinyl,Wood
Fireplaces Type None
Fireplace No
Appliance Stove/Oven - Electric,Refrigerator
Laundry Hookup - Dryer,Washer Hookup
Exterior
Exterior Feature None
Garage Shared Driveway,Unpaved
Utilities Available County Sewer,County Water,Water Connected,Sewer Connected
Waterfront No
Waterfront Description None
Roof Type Shingle
Accessibility None
Porch Porch
Building
Lot Description Corner Lot
Story 2
Entry Level Two
Foundation Block
Structure Type None
New Construction No
Schools
Elementary Schools Sheep-Harney Elementary
Middle Schools Elizabeth City Middle School
High Schools Pasquotank High School
Others
Tax ID 891420816571
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None