N/A Homes with Parking Lot Parking Features

N/A Homes with Parking Lot Parking Features

Welcome to your future home in the heart of North Carolina, where charm meets convenience! This vibrant region is known for its welcoming communities, picturesque landscapes, and a lifestyle that perfectly balances tranquility and accessibility.

Imagine stepping into your new abode, where comfort and functionality intertwine. The homes here are designed with modern living in mind, featuring ample parking lot parking options that ensure you always have a spot waiting for you. Whether you’re coming home from a long day at work or hosting friends for a weekend gathering, you’ll appreciate the ease and accessibility that dedicated parking provides.

As you explore the neighborhood, you’ll discover a rich tapestry of local amenities, from delightful cafes and restaurants to serene parks and recreational areas. The community is not just about houses; it’s about creating a lifestyle where neighbors become friends and every street tells a story.

With a variety of home styles to choose from, each residence offers unique features that cater to diverse tastes and preferences. Whether you’re looking for a cozy starter home or a spacious family dwelling, you’ll find options that fit your needs perfectly.

Living in this North Carolina community means more than just having a place to call home; it’s about embracing a lifestyle filled with warmth, connection, and endless possibilities. Don’t miss out on the opportunity to be part of this wonderful neighborhood—your dream home awaits!

Newest N/A Homes with Parking Lot Parking Features

$2,695,827
Unique investment opportunity to acquire a well-maintained, multi-family apartment complex at a 9% cap rate. NOI at full occupancy is $243,704.40. The complex consists of three properties: 1005 Raleigh St. (892309261179), 1110 Park St. (892309260112), and 0000 Park St. (892309261032). This portfolio includes 24 units, each ranging approx. 800-900 sqft, with a combined building square footage of approx. 21,500 sqft. All units feature 2 bedrooms and 1 or 1.5 bathrooms. Several one-story units offer handicap accessibility, while the remaining units are configured as 2-story apartments. 1110 Park St. consists of four quadplex buildings. 1005 Raleigh St. includes one duplex and one six-unit building. The complex is currently 95.8% occupied, with only one vacant unit, actively marketed at $1,250/month. Current rents range from $1,000-$1,300 per month. At current occupancy, the property generates approximately $309,600 in gross annual income, with projected gross income of $324,600 at full occupancy based on current rental rates. Significant capital improvements have been completed since the current owners acquired the property in 2017, including, replacement of 3 roofs within the past 3-4 years, with 30-year architectural shingles, encapsulation of all quadplexes at 1110 Park St., along with the addition of dehumidifiers, 14 HVAC units replaced (7 since 2017 and 7 additional units replaced in 2016 prior to acquisition) and ongoing interior upgrades, including new carpet, vinyl flooring, fresh paint, and updated appliances. All multi-family buildings are located within the City's Apartment District (AD) zoning, which may allow for additional units to be constructed with site plan and planning approval by the City. The additional residual parcel, 0000 Park St. (Tract 3, DB 1284, DP 477), is zoned R-8 residential and is subject to a restrictive covenant prohibiting the construction of any building or structure the lifetime of the previous owners and 21 years thereafter.

1005 Raleigh St, Elizabeth City

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