N/A Homes with Parking Lot Parking Features

N/A Homes with Parking Lot Parking Features

Welcome to your dream community in North Carolina, where charm meets convenience! Nestled in a picturesque landscape, this vibrant neighborhood offers a delightful blend of modern living and Southern hospitality. Whether you’re a first-time homebuyer or looking to upgrade, our homes are designed to cater to your lifestyle needs.

One of the standout features of our homes is the ample parking options available. Each property comes equipped with dedicated parking lot features, ensuring that you and your guests will always have a space to call your own. No more circling the block or worrying about street parking—here, convenience is key!

Imagine coming home after a long day to a serene environment where you can unwind. The homes in this community are thoughtfully designed, boasting spacious layouts, contemporary finishes, and inviting outdoor spaces perfect for entertaining or relaxing with family. With easy access to major highways, you’re just a short drive away from the bustling city life, shopping centers, and beautiful parks that North Carolina is known for.

Explore the local amenities that make this area so desirable—award-winning schools, friendly neighbors, and a rich tapestry of cultural experiences await you. Your new home is not just a place to live; it’s a lifestyle choice that embraces community, comfort, and convenience.

Don’t miss out on the opportunity to be part of this enchanting neighborhood in NC. Come and discover the perfect home that fits your needs and dreams!

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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