Property
Elizabeth City, NC 27909 113 E Cypress Street
$165,000
4 more
Presented By: Lisa Brown with Inner Banks Real Estate Group, Inc.
Home Details
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.
Presented By: Lisa Brown with Inner Banks Real Estate Group, Inc.
Interior Features for 113 E Cypress Street
Bedrooms
Total Bedrooms4
Bathrooms
Total Bathrooms2.00
Other Interior Features
Appliances/EquipRefrigerator, Stove/Oven - Electric
# Total Units2
AtticAccess Only
BasementNone
FireplaceNone
FlooringVinyl, Wood
Interior FeaturesNone
Laundry LocationHookup - Dryer, Hookup - Washer
List Price/SqFt83.59
StoriesTwo
General for 113 E Cypress Street
CityElizabeth City
City LimitsYes
Cobra ZoneNo
ConstructionWood Frame
CoolingWall/Window Unit(s)
CountyPasquotank
Days on Market4
Geo Lat36.305659
Geo Lon-76.221118
Green Bldg CertifyNone
HOANo
Handicap AccessibleNone
HeatingBaseboard
Legal Descriptionhouse and lot at corner of Cypress & Etheridge
Listing Member NameLisa Brown
Location TypeMainland
Lot Sqft4792.00
ModificationTimestamp2024-09-30T13:47:01
New ConstructionNo
PossessionSubject To Tenant Rights
Property TypeC
RoofShingle
SewerConnected
Special Assessmentsnone known
StatusActive
Stipulation of SaleNone
Stories2.0
Sub-TypeDuplex
SubdivisionNone
Tax Assessed Value116700.00
Tax Year2023
TermsCash, Conventional
UtilitiesCounty Sewer, County Water
Water HeaterElectric
WaterviewNo
Year Built1930
ZoningR-6
Exterior for 113 E Cypress Street
Attached Carport Spaces0.00
Detached Carport Spaces0.00
Exterior FeaturesNone
Exterior FinishVinyl Siding
FencingNone
FoundationBlock
Fuel TankNone
Garage & Parking: Total # Garage Spaces0.00
Garage & Parking: Total Carport Spaces0.00
LotN/A
Lot Acres0.11
Lot DescriptionCorner Lot
Lot Dimensions40' X 128' X 39' X 173'
Lot Water FeatureNone
MLS Identifier20150918160742258811000000
Parking FeaturesShared, Unpaved
Patio and Porch FeaturesPorch
Road Type/FrontagePublic (City/Cty/St)
Water SourceWater Connected
WaterfrontNo
Additional Details
Price History
Brian Inskip
North Carolina Coastal Real Estate Expert