3 months on rocket

1004 S Rd, Elizabeth City, NC, 27909

$205,000

Home List Price

$2,434*

Closing Credit

4 Bedrooms
3 Baths
2,340 SqFt
$88/SqFt
Multi

Location

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1004 S Rd, Elizabeth City$205,000

Buyer Closing Credits

$2,434*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingGravel, Paved
Year Built1945
HeatingHeat Pump
CoolingWall/Window Unit(s)
FireplaceNone
MLS #100463674
Lot Size0.29 Acres
StatusActive

About 1004 S Rd

Price adjusted with repairs in mind. Inspection report available upon request. Property sold as-is.Discover a fantastic real estate investment opportunity in the heart of Elizabeth City, NC! This unique deal offers two properties, featuring a total of three fully rented units--perfect for investors seeking immediate rental income.Property 1: A charming duplex with two beautifully renovated units, each offering 2 bedrooms and 1 bathroom. These spacious units provide modern comforts, having been upgraded within the last 5 years to appeal to today's renters.Property 2: A stunning single-family brown brick home, painted to perfection and thoughtfully renovated within the past 5 years. This expansive home features 5 bedrooms, offering ample living space and comfort for tenants.Located near downtown Elizabeth City, these properties are just a 5-minute drive from the Coast Guard Base, making them highly desirable to potential renters. With all three units currently rented out, and a couple of minor repairs this investment opportunity provides cash flow from day one.Don't miss out on this incredible chance to own two renovated properties with three income-generating units!

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Stories: 2
  • Living Area: 2,340 SqFt

Listing Office:

  • Office Name: KRL Investors, LLC

Interior Features

Interior Information:

  • Interior: None
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Gravel, Paved

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From US Hwy 158 W, make a right onto S Road St. Keep straight and properties are on the left when turning on the curve.

Price Information

Listing Price Info

Price Summary:

  • List Price: $205,000
  • Price Per SqFt: $88/SqFt
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Housing Market Comparison

See how this home compares to others in Elizabeth City, NC.

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Elizabeth City, NC

City

Med. Sold Price

$304.9K

Med. Price/SqFt

$170

Avg. Days On Market

50

# of Sold Homes

55

1004 S Rd vs Elizabeth City

110 DAYS ON ROCKET

+60 Days

$205,000

-$99.9K Less

$88/SqFt

-$83 Less

KEY TAKEAWAY

This property is $99.9K less than the Median Sold Price and $83/SqFt less than other homes in Elizabeth City, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100463674

Listing Office:

  • Office Name: KRL Investors, LLC

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,091

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$681

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4517254
4
/10

  • Northside Elementary School

  • 1062 Northside Rd

  • 2.48 miles

  • Public District Grades KG-5

school-card-donut-4517255
8
/10

  • Sheep-Harney Elementary School

  • 200 W Elizabeth St

  • 2.69 miles

  • Public District Grades PK-5

school-card-donut-4517256
7
/10

  • Grandy Primary School

  • 175 NC Highway 343 N

  • 3.16 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,005. Residents of Elizabeth City, NC typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Pasquotank County›Elizabeth City›27909›1004 S Rd

This home is located at 1004 S Rd in Elizabeth City, NC and zip code 27909. This 2,340 square foot home, which was built in 1945, sits on a 0.29 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $205,000.

While more than 8 listings in Elizabeth City, NC in November 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 21 were sold below. The inventory of homes for sale in Elizabeth City, NC between October 2024 and November 2024 increased by 3.7%. In November 2024 median list price was $304,933 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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