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For Sale

$275,000

401 Fearing St
Elizabeth City, NC 27909

Great investment opportunity! No vacancies and it is producing over $30k a year in rent. Units A & B have 2 bedrooms, full size kitchens, dining room and extra storage space. Off street parking at the rear of the building. C building offers retail space on first floor. Currently a pet grooming shop. One bedroom apartment on second floor. This income producing property is ready for the next investor. Call for your appointment to see it today. Read More

Market Status
Sale Pending
Last Updated
July 25, 2021

Property Type
Commercial Property
Year Built
1916
Cooling System
Wall Unit(s) A/C; Window Unit(s) A/C
Heating System
Space Heater
Roof
Composition Shingle
Floors
Laminate; Vinyl; Wood
Taxes
2402.53
Property Type
Commercial; Apartment

Local Market Conditions

There are currently 200 properties for sale in the Elizabeth City, NC area with the average listing price of $249,308. This represents an increase of +1.6% over the previous week. The 4 bedroom homes saw the largest increase in the average listing price over the previous week with a +4.9% increase. To learn more about the Elizabeth City, NC area, contact a local expert!

Market Snapshot for Elizabeth City, NC

Avg. Listing Price

$249,308

Wk ending Jul 24

$+3,960

+1.6%

w-o-w

200

808

344

92

84

12

Average Listing Price for Elizabeth City, NC
No. BedroomsNo. Beds Week Ending
(Jul 24)
w-o-w Week Ending
(Jul 17)
Week Ending
(Jul 10)
Week Ending
(Jul 3)
All PropertiesAll $249,308 +1.6% $245,348 $244,284 $244,855
1 bedroom1 BR $75,000 +0.0% - $75,000 -
2 bedrooms2 BR $133,066 -1.2% $134,640 $136,643 $139,296
3 bedrooms3 BR $232,254 +0.1% $231,986 $232,381 $229,409
4 bedrooms4 BR $321,170 +4.9% $306,311 $300,343 $300,947

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Listing Provided By:

Diana Gardner Terry Wilson

Hall & Nixon Real Estate, Inc.

Phone
This $275,000 Commercial Property at 401 Fearing St in Elizabeth City, NC is offered by Diana Gardner Terry Wilson. This $275,000 Commercial Property, located in the 27909 zip code, has the following property features: Roof, Heating System, Cooling System, Taxes. This 401 Fearing St Commercial Property is listed under MLS listing number 104125 and has a listing price of $275,000. You can find more of Diana Gardner Terry Wilson's listings by browsing Diana Gardner Terry Wilson homes for sale at HomesAndLand.com, or even more Elizabeth City homes for sale here.

Data Provided by Albemarle Area Association of Realtors

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