113 East Cypress Street

Elizabeth City, NC 27909

$165,000
Price
4
Beds
3
Baths
1,974 Sq. Ft.
$84 / Sq. Ft.
1,974
Sq. Ft.
$84
per Sq. Ft.
front
side
bathroom
bedroom
bedroom2
corner
kitchen
map
Screenshot 2024-09-29 at 10.46.16 AM

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 ....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.
  1. Listed by Lisa Brown • Inner Banks Real Estate Group, Inc.

Property Details for 113 East Cypress Street

Parking Features
Shared Driveway, Unpaved
Subdivision Name
None
Zoning
R-6
Parking Total
.00
Waterfront
No
LISTING UPDATED: 09/30/2024 02:47 PM

Property Details for 113 East Cypress Street

StatusActive
MLS #100468385
Days on Market56
Taxes$1,404 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Duplex
Year Built1930
Lot Size0.11 AC / 4,792 SF
CountyPasquotank County

Building Information for 113 East Cypress Street

Stories2Residences-Year Built1930Building Size-Lot Size0.11 AC / 4,792 SF

Property Information for 113 East Cypress Street

Summary
Location and General Information
  • City: Elizabeth City
  • State Or Province: NC
  • Postal Code: 27909
  • County Or Parish: Pasquotank
  • Directions: From N. Road Street, turn onto Cypress, and look for corner of Etheridge & Cypress.
  • Latitude: 36.31
  • Longitude: -76.22
  • Number Of Units In Community: 2
  • City Limits: Yes
  • Property Exterior Interior Info: Waterfront: No
  • Building Info: Waterview: No
  • Property Exterior Interior Info: Location Type: Mainland
  • Legal and Taxes: Zoning Details: R-6
Taxes and HOA
  • Tax Other Assessment Amount Frequency: none known
  • Association Fee: $.00
  • Tax Legal Description: house and lot at corner of Cypress & Etheridge
  • Tax Book Number: 12-A
  • Tax Map Number: 891420816571
  • Tax Year: 2023
  • Tax Assessed Value: $116,700.00
  • Parcel Number: 891420816571
  • Tax Block: 6
  • Association: No
  • Tax Annual Amount: $1,403.65
  • Legal and Taxes: HOA: No
  • Legal and Taxes: Cobra Zone: No
  • Legal and Taxes: Deed Book: 1325
  • Legal and Taxes: Deed Page: 46.0
  • Legal and Taxes: Legal: house and lot at corner of Cypress & Etheridge
  • Legal and Taxes: PID: 891420816571
  • Legal and Taxes: Plat Book: 12-A
  • Legal and Taxes: Plat Page: 6
  • Legal and Taxes: Tax Assessed Value: $116,700.00
  • Legal and Taxes: Total City Real Estate Property Tax: $1,411.00
  • Legal and Taxes: Total Real Estate Property Taxes: $1,403.65
  • Legal and Taxes: Tax Year: 2023
  • HOA Amenities: Access Only: Yes
Parking
  • Carport Spaces: .00
  • Attached Garage: No
  • Attached Garage Spaces: .00
  • Detached Garage Spaces: .00
  • Total Carport Spaces: .00
  • Parking Driveway: Shared: Yes
  • Parking Driveway: Unpaved: Yes
School Information
  • Middle Or Junior School: Elizabeth City Middle School
  • High School: Pasquotank High School
  • Elementary School: Sheep-Harney Elementary
Property
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Dimensions: 40' X 128' X 39' X 173'
  • Building Area Total: 1974.0
  • Lot Size Square Feet: 4792.0
  • Property Exterior Interior Info: Lot Dimensions: 40' X 128' X 39' X 173'
  • Lot #5: N/A
  • Property Exterior Interior Info: Lot Acres: 0.11
  • Property Exterior Interior Info: Lot Sq Ft: 4792.0
  • Side Unit 1: Avg Sq Ft: 798.0
  • Side Unit 2: Avg Sq Ft: 1000.0
Property and Assessments
  • Structure Type: Wood Frame
  • New Construction: No
  • Year Built: 1930
  • Legal and Taxes: Federal Flood Insurance Available: Yes
  • Legal and Taxes: Special Assessments: none known
  • Construction: Wood Frame: Yes
  • Foundation: Block: Yes
Green Features
  • Green Building Certify: None19: Yes
Utilities
  • Utilities: County Sewer, County Water, Water Connected, Sewer Connected
  • Service Providers: Electric Provider: City of Elizabeth City
  • Service Providers: Water Provider: City of Elizabeth City
  • Utilities: County Sewer: Yes
  • Utilities: County Water: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Stories Levels: Two: Yes
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Fencing: None
  • Accessibility Features: None
  • Exterior Features: None
  • Patio And Porch Features: Porch
  • Exterior Finish: Vinyl Siding: Yes
  • Fencing: None: Yes
  • Fuel Tank: None: Yes
  • Porch Balcony Deck: Porch: Yes
  • Foundation Details: Block
Interior Features
  • Levels: Two
  • Flooring: Vinyl, Wood
  • Interior Features: None
  • Basement: None
  • Cooling: Wall/Window Unit(s)
  • Fireplace Features: None
  • Heating: Baseboard, Electric
  • Laundry Features: Hookup - Dryer, Washer Hookup
  • Appliances: Stove/Oven - Electric, Refrigerator
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 2.00
  • Cooling: Yes
  • Heating: Yes
  • Fireplace: No
  • Bedrooms Total: 4
  • # Baths - Total: 2.00
  • Handicap Accessible: None: Yes
  • Flooring: Vinyl: Yes
  • Flooring: Wood: Yes
  • Cooling System: Wall Window Unit(s): Yes
  • Heating System: Baseboard: Yes
  • Heating System: Electric: Yes
  • Appliances Equip: Refrigerator: Yes
Mobile Home
Mobile/Manufactured Home
  • Park Manager Name: Yes
Multi Family
Multi-Family Information
  • Income Property: Yes
  • # Total Units: 2.00
Unit 1
  • Total Rooms: 4
  • # of Bedrooms: 2
  • Full Baths: 1
  • Half Baths: 0
  • Furnished: No
  • Rent: $700.00
  • Occupied: True
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Cooling: WallWindow Unit: Yes
  • Heating: Baseboard: Yes
  • Heating: Electric: Yes
  • Rent Frequencys: Monthly: Yes
  • Owner Pays: None43: Yes
Unit 2
  • Total Rooms: 4
  • # of Bedrooms: 2
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: No
  • Rent: $750.00
  • Occupied: Yes
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Cooling: Wall Window Unit: Yes
  • Heating: Baseboard: Yes
  • Heating: Electric: Yes
  • Owner Pays: None: Yes
Unit 3
  • Occupied: Yes
Unit 4
  • Owner Pays: None: Yes
Rental
Rental Information
  • Side Unit 2 Rent Frequency: Monthly: Yes
  • Property Exterior Interior Info: Pets: Possible

Property History for 113 East Cypress Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 113 East Cypress Street

Taxable ValueLand-Additions-Total-
Home Facts
Beds4Total Finished SqFt1,974 SqFtAbove Grade Finished SqFt1,974 SqFtStories2Lot Size4,922 SqFtStyleSingle Family ResidenceYear Built1930Year Renovated1960ZoningR-6CountyPASQUOTANKAPN891420816571

Schools near 113 East Cypress Street

Rating
School
Type
Grades
Distance
Sheep-Harney Elementary
Public - PK to 5
Elizabeth City Middle
Public - 6 to 8
Pasquotank County High
Public - 9 to 12
Elizabeth City Pasquotank Early College
Public - 9 to 12
Rating
School
Distance
Sheep-Harney Elementary
PublicPK to 5

Elizabeth City Middle
Public6 to 8

Pasquotank County High
Public9 to 12

Elizabeth City Pasquotank Early College
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 113 East Cypress Street, Elizabeth City, NC 27909

113 East Cypress Street is a multi-family home for sale in Elizabeth City, NC 27909. This property was listed for sale on September 27, 2024 by Inner Banks Real Estate Group, Inc., it's currently listed at $165,000. Nearby schools include Sheep-Harney Elementary, Elizabeth City Middle and Pasquotank County High. 113 East Cypress Street is a 4-bed, 3-bath, 1,974 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Inner Banks Real Estate Group, Inc.

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 09/30/2024 02:47 PM. 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 Compass 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. © 2024 Hive MLS