Property Address
508 W Cypress St, Elizabeth City, NC 27909
Price Reduction
$72,500
🚨 Price Reduced – Assignment Under Contract | Buy & Hold Investment Opportunity
This 4-bedroom, 1.5-bathroom home offers 1,456 sq. ft. of living space and presents an excellent opportunity for investors seeking a buy-and-hold rental or value-add project. Built in 1910 on an approximately 5,009 sq. ft. lot, the property features a spacious layout with strong long-term investment potential.
Conveniently located in Elizabeth City, NC, the property is close to shopping, schools, dining, and other everyday amenities, making it an attractive option for future tenants or owner-occupants.
Whether you’re looking to renovate, add to your rental portfolio, or capitalize on future appreciation, this property offers excellent upside potential. Buyers should perform their own due diligence regarding the property’s condition, repairs, zoning, and permitted uses.
Don’t miss this opportunity to secure your next investment property!
🏠 FOR HOME BUYERS
$89,500 · 4 Beds · $71K Equity Day OneFHA 203k eligible. Finance the purchase and renovation together. Stop renting. Start owning.
🎖️ FOR INVESTORS
25% Cash-on-Cash. $681/Month. Military Tenant Market.2 miles from Coast Guard Air Station. $32,500 in. Government-backed rent. You collect the check.
To view all photos of the property, please visit the following folder:
https://drive.google.com/drive/folders/1DuyGkL21yB959Dnw6Sr2hmFN8sntUA00?usp=sharing
Bedroom: 4
Bathrooms: 2
Area: 1,456 sqft
Lot: 5,009 sqft
ARV: $235,500
Rehab: $80,000
Comp:
202 Bell Street, Elizabeth City, NC 27909