603 E Colonial Avenue 1, Elizabeth City, NC 27909

$242,900
$234 / sq ft
Was $250,000
163 days on market
Location
Elizabeth City, NC 27909 · Pasquotank County
603 E Colonial Avenue 1, Elizabeth City, NC 27909$242,900Historic
242900
ActivePrice Reduced

Subdivision: N/A

2 Bedrooms
1 Bathroom
1,039 Sq.Ft.
Built in 1920
1-Car Garage
Historic Built 1920ECP Early College High School District

About This Property

Downtown living or income producing Air BNB property! This historical corner building now houses a beautiful designed 2 bedroom / 1 bath condo known as 1920 Condominiums. Experience urban living at its finest in this beautifully restored property featuring originial wood floors, exposed brick walls, abundant natural light from large windows throughout. In 2020 the bath was renovated and kitchen subway tiles were installed. Just one block from the waterfront, enjoy the convenience of shopping, dining, and a vibrant social scene right outside your door. Covered parking space is included. Currently income-producing with a strong rental history and high cap rate. HVAC 2017, Water Heater 2018, Dishwasher and Refrigerator 2020. HOA installed a new roof approx 2013. Property may be purchased fully furnished or continue as an AirBNB, either way it's a turn key opportunity! . No flood insurance required.

Price History & Market Timeline

Original List Price$250,000
Current List Price (Price Reduced)$242,900Reduced by $7,100

Property Details

SubdivisionN/A
TypeCondominium
Living Area1,039 sq ft
Full Baths1
Price / sq ft$234
Lot Size0.000 acres
HOA Dues$2,556.64 / annually
Year Built1920
Total Rooms4
WaterfrontNo
Parcel891308992671

Coastal & Environmental Information

Properties in this area may be subject to Coastal Area Management Act (CAMA) regulations, historic district overlays, or specific flood zone designations. Buyers are advised to independently verify setback rules, elevation certificates, and flood insurance requirements with licensed surveyors, engineers, and insurance professionals.

Interior & Exterior

FlooringTile, Wood, Hardwood
HeatingHeat Pump, Electric
CoolingCeiling Fan(s), Heat Pump
RoofMembrane
ConstructionBrick, Wood Frame
AppliancesElectric Oven, Electric Cooktop, Washer, Refrigerator, Range, Dryer
ParkingDetached, Garage

Interior Features

Vaulted Ceiling(s)High CeilingsCeiling Fan(s)Blinds/Shades

Schools

ElementarySheep-Harney Elementary
MiddleRiver Road Middle School
High SchoolECP Early College High School

Tax & Assessment

Assessed Value$154,500

MLS# 100565787 · HIVE MLS via SourceRE · Last updated: August 19, 2026 at 10:57 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.

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