N/A Homes with Parking Lot Parking Features

N/A Homes with Parking Lot Parking Features

Welcome to your new haven in the heart of North Carolina! Nestled in a vibrant community, this charming subdivision offers a unique blend of comfort and convenience, making it the perfect place to call home. With an array of homes designed to cater to modern lifestyles, you’ll find that each residence is thoughtfully crafted with your needs in mind.

One of the standout features of these homes is the ample parking lot parking available. Say goodbye to the hassle of street parking and enjoy the peace of mind that comes with dedicated spaces for you and your guests. Whether you’re a busy professional, a growing family, or someone who loves to entertain, the convenience of having a designated parking area is a true asset.

The homes in this subdivision boast a variety of architectural styles, ensuring there’s something to suit every taste. From cozy single-family homes to more spacious options, each property is designed with attention to detail and quality finishes. Inside, you’ll find open floor plans, modern kitchens, and inviting living spaces that make it easy to create lasting memories with family and friends.

Beyond the homes, the community itself is a treasure trove of amenities. Enjoy nearby parks, walking trails, and recreational facilities that encourage an active lifestyle. Plus, with easy access to local shops, restaurants, and schools, everything you need is just a stone's throw away.

Discover the charm of North Carolina living in this delightful subdivision, where comfort meets convenience, and where your dream home awaits!

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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