Active
616 Cardwell Street
Elizabeth City, NC 27909 · Pasquotank County
$117,000
Was $124,900
- Price Reduced
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About This Home
Looking for an affordable home with income-producing potential? This charming 2-bedroom, 2-full-bathroom property offers a fantastic opportunity for both investors and first-time home buyers.
Featuring a newer roof and HVAC, this home has already proven its income potential. It has previously been used as a full-time rental generating $1,485 per month, and has also been utilized as an Airbnb, bringing in approximately $200 per month. Home is being sold mostly furnished with items see in photos. Move in and rental ready to go! Great location, centrally located close to shopping and historic downtown waterfront.
Whether you're looking to build your investment portfolio, generate rental income, or purchase your first home, this property offers flexibility and opportunity. With two bedrooms, two full bathrooms, and important major updates already in place, this one is definitely worth a look!
Affordable, versatile, and income-producing -- don't miss this opportunity!
Price History
- Original list price$124,900
- Current list price$117,000Reduced by $7,900
Property Details
Location
Directions to this home (opens in a new tab)Drive from this home
- Hospital ERSentara Albemarle Medical CenterElizabeth City (directions from this home, opens in a new tab)
- GroceryFood Lion (Towne Square)Elizabeth City (directions from this home, opens in a new tab)
- Walmart / TargetWalmart SupercenterElizabeth City (directions from this home, opens in a new tab)
- BeachNags Head / Outer BanksNags Head (directions from this home, opens in a new tab)
Destinations verified Nov 1, 2026. Directions open in your maps app.
Coastal county Building, additions and shoreline work here can need a CAMA permit and setbacks. Check the flood zone, an elevation certificate and an insurance quote before you make an offer. CAMA permits, from the NC Division of Coastal Management →
Interior & Exterior
Interior Features
Schools
Assignments as entered by the listing agent; confirm with the school district. Each school's results: NC School Report Cards.
Tax & Assessment
Monthly Costs
$709/mo estimated
Includes principal and interest, property tax and homeowners insurance, with 20% down at 6.75% for 30 years.
Adjust the numbers
- Principal and interest
- $607
- Tax bill per MLS (2023)
- $68
- Homeowners insurance (estimate)
- $34
- PMI (under 20% down)
- $0
- Estimated monthly
- $709
Tax is the bill the listing agent entered on the MLS; a sale can change the assessment. Flood insurance is not included; get a quote for this address. An estimate, not a loan offer.
Similar homes nearby
Pending$120,000$78/sq ft3 bd·2 ba·1,534 sq ft·0.15 ac915 N Road Street, Elizabeth City, NC 27909Year Built: 1930
Active$125,000$124/sq ft2 bd·1 ba·1,008 sq ft·0.08 ac907 S Martin Luther King Junior Drive, Elizabeth City, NC 27909Year Built: 1992
Active$105,000$375/sq ft1 bd·1 ba·280 sq ft·1.93 ac1176 Folley Road, Elizabeth City, NC 27909Year Built: 2024
MLS# 100601862 · HIVE MLS via SourceRE · Last updated: November 1, 2026 at 3:47 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.