Properties

Description

THE HOUSE IS ONLY PART OF THE OPPORTUNITY AT 503-505 FRANKLIN ST. THIS TWO-FAMILY SITS ON A DOUBLE LOT AND OFFERS A 3-CAR GARAGE PLUS APPROXIMATELY 6 ADDITIONAL PARKING SPACES, WITH THE GARAGES AND PARKING CURRENTLY PROVIDING ADDITIONAL INCOME. EACH UNIT FEATURES 2 BEDROOMS, 1 FULL BATH, AND GENEROUS LIVING SPACE, WHILE BONUS SPACE ON THE THIRD FLOOR AND A PARTIALLY FINISHED BASEMENT PROVIDE ADDITIONAL FLEXIBILITY. THE FIRST-FLOOR UNIT IS VACANT, WHILE THE SECOND-FLOOR TENANCY IS EXPECTED TO BE MONTH-TO-MONTH BEGINNING NEXT MONTH. INSIDE, YOU'LL FIND HARDWOOD FLOORS, SPACIOUS ROOMS, AND AN UPDATED KITCHEN WITH STAINLESS-STEEL APPLIANCES. OUTSIDE, A LARGE PAVED AREA, FRONT PORCH, 3-CAR GARAGE, AND EXTENSIVE OFF-STREET PARKING HELP SET THIS PROPERTY APART. WITH TWO RESIDENTIAL UNITS PLUS EXISTING GARAGE AND PARKING INCOME, 503-505 FRANKLIN ST OFFERS MULTIPLE INCOME SOURCES IN ONE PROPERTY.

Features

  • Heating System : 2 Units
  • Basement : Finished-partially
  • Roof Deck : Asphalt Shingle
  • Parking : 6
  • Parking Description: 1 Car Width, Blacktop, Driveway-Exclusive
  • Tax Assessed Valuation: 532200
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas In Street, Gas-Natural
  • Internet

Additional Info

  • Office Name: RE/MAX FIRST REALTY II
  • Office MLS ID: 5205
  • Agent ID: 253589
  • Tax: 10734
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$850,000

503 Franklin St, Elizabeth City, *

  • SQFT 50 Acre
  • Bedroom 5
  • Built Year 1901

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5463361
  • Price: $850,000
  • Bedrooms: 5
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1901
  • Year Built Description: Approximate
  • Lot Area: 50 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Union
  • City Elizabeth City
  • Zipcode *
  • Street: Franklin St
  • Street Number: 503
  • Street Direction: Elizabeth Ave to 5th St to Franklin Ave
  • Floor Number: 0
  • Longitude: W75° 48' 11.9''
  • Latitude: N40° 39' 18.5''
  • Internet Display Address: Yes
Property