606 & 610 E Fearing St, Elizabeth City, NC 27909

Property Description

Commercial and residential units available in the heart of Downtown Elizabeth City, ideal for a business owner or investor. This historic property was fully renovated in 2022, including new framing, electrical, plumbing, HVAC, TPO roof, and fire suppression system. This listing includes (3) 2nd floor 1 bed/1 bath apartments. All residential units are currently leased for $1,300/month. The apartments are 612 sf, 692 sf, and 742 sf, each equipped with stainless steel appliances. The apartments have their own first floor entrance on Fearing Street. This listing also includes a 1,213-sf ground-floor commercial space featuring an open retail area, small office, and restroom. The commercial unit is currently occupied, renting for $1,730/month. The commercial tenant has a three-year lease that will expire June 30, 2029. The property is part of a recently recorded condominium, allowing units to be sold individually.