Properties

Description

Excellent mixed-use investment opportunity in the heart of Elizabeth. This property features a first-floor commercial storefront plus two residential apartments on the second floor: one 2-bedroom unit and one 3-bedroom unit. The commercial space offers street-level visibility, making it ideal for a variety of professional or retail uses, subject to municipal approvals. The residential units provide strong rental potential, with practical layouts and comfortable living spaces. Located at 416 S 5th St, this property offers convenient access to local shops, transportation, major roadways, and nearby amenities. A great option for investors, owner-users, or buyers looking to combine business and rental income in one property. Buyer is responsible for all due diligence regarding permitted use, zoning, and municipal requirements.

Features

  • Heating System : Baseboard - Hotwater, Forced Hot Air, 3 Units
  • Cooling System : Central Air, 1 Unit
  • Roof Deck : Rubberized
  • Parking Description: None
  • Interior Features: Carbon Monoxide Detector, Smoke Detector
  • Lot Description: Level Lot
  • Tax Assessed Valuation: 635200
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: All Underground

Additional Info

  • Office Name: COLDWELL BANKER LIBERTY
  • Office MLS ID: 2754
  • Agent ID: 255069
  • Tax: 12811
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$990,000

416 S 5Th St, Elizabeth City, *

  • SQFT 25 Acre
  • Bedroom 5
  • Built Year 1954

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5437444
  • Price: $990,000
  • Bedrooms: 5
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1954
  • Year Built Description: Approximate, Renovated
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 74

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Union
  • City Elizabeth City
  • Zipcode *
  • Subdivision: Mattano Park
  • Street: S 5Th St
  • Street Number: 416
  • Street Direction: Summer St to S 5th St
  • Building Name: 416
  • Floor Number: 0
  • Longitude: W75° 47' 39.2''
  • Latitude: N40° 39' 4.3''
  • Internet Display Address: No
Property