Elizabeth City, NC 27909,113 E Cypress ST
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Elizabeth City, NC 27909,113 E Cypress ST
Elizabeth City, NC 27909,113 E Cypress ST
Elizabeth City, NC 27909,113 E Cypress ST
Elizabeth City, NC 27909,113 E Cypress ST
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113 E Cypress ST Elizabeth City, NC 27909

4 Beds

2 Baths

1,974 SqFt


UPDATED:

09/30/2024 06:47 PM

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


Hive MLS / (NCRMLS)
Listed by Inner Banks Real Estate Group, Inc.

The Overman Group

+1(336) 932-2392

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113 E Cypress ST