204 N McMorrine St Apartment Bldg

$ 449,000.00

204 N McMorrine St, Elizabeth City, NC 27909, USA
  • Property ID: 1435
  • Date added: 07/23/19
  • Post Updated: 2020-10-02 12:14:25
  • Bathrooms: 8
  • Floors: 3
  • Status:
  • Area: 5590 sq ft
  • Lot size: 5590 sq ft
  • Year built: 0000

Description

Unique downtown Elizabeth City apartment building with 7 units that are all rented generating $67,800/yr in rent. Building has additional unfinished area on the first floor that could be built out into additional apartments, there is also a very large garage area with high ceilings. Building has new rubber membrane roof, new HVAC, new windows, new exterior paint, 6 apartments were just completely renovated with new appliances. Large (free) public parking lot adjacent to building. NOI estimated to be $52,285/yr after taxes, insurance, and utilities.

View on map / Neighborhood

Features

Features:
  • HVAC installed
Amenities:
  • Near Downtown & Waterfront
  • Newly renovated

Documents

  • Survey

Agent

Agent profile image
Properties Qty: 88 Rating:

This style property is located in Elizabeth City is currently and has been listed on The Rich Company. This property is listed at $ 449,000.00. It has 8 baths bathrooms, and is 5590 sq ft. The property was built in 0000 year.