N/A Homes with Parking Lot Parking Features

N/A Homes with Parking Lot Parking Features

Welcome to your dream neighborhood in beautiful North Carolina! Nestled in a serene environment, this community offers an ideal blend of comfort and convenience, making it the perfect place to call home.

One of the standout features of this area is the abundance of homes equipped with ample parking lot facilities. Say goodbye to the hassle of street parking! Each residence boasts designated parking spaces, ensuring that you and your guests always have a secure and convenient place to park. Whether you have a single vehicle or a multi-car family, you’ll appreciate the ease and accessibility that comes with dedicated parking.

Imagine coming home after a long day, effortlessly pulling into your designated spot, and stepping into your cozy abode. The homes in this community are designed with your lifestyle in mind, offering modern amenities and spacious layouts that cater to both relaxation and entertaining.

Beyond the comfort of your home, this North Carolina neighborhood is rich in charm and community spirit. Enjoy leisurely strolls through tree-lined streets, vibrant local shops, and delightful dining options just a stone’s throw away. The area's natural beauty is complemented by nearby parks and recreational areas, perfect for outdoor enthusiasts and families alike.

Experience the perfect blend of convenience and tranquility in this inviting community. With homes that offer essential parking features and a lifestyle that embraces the best of North Carolina living, this is the place where your next chapter begins. Don’t miss your chance to be a part of this thriving neighborhood!

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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