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Apartment Complex For Sale

1027 Stanton Ave, Elizabeth City, Union 07208-2718

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Property Description

Exceptional investment opportunity! This property includes two buildings and one additional lot, all being sold together under one deed. The property features a 4-family building and a side-by-side duplex. In addition, there are two finished bonus living areas with 2-bedroom layouts being sold strictly as-is.The left side of the duplex has been completely renovated and offers 3 bedrooms, 2 full bathrooms, central air conditioning, an open-concept eat-in kitchen, formal living room, laundry hookups, and additional storage space. The right side of the duplex is in good condition and features 2 bedrooms, 1 full bathroom, a living room, dining room, eat-in kitchen, and an unfinished basement. The separate 4-family building consists of four 1-bedroom, 1-bath units, each with a living room, dining room, and kitchen.All tenants are currently on month-to-month leases, providing flexibility for the next owner. Total monthly rental income: $12,150A rare opportunity to own a multi-building income-producing property with excellent investment potential.

Basic Details
Property Type:
Apartment Complex
Listing Type:
For Sale
Listing ID:
4037122
Price:
$1,600,000
Year Built:
1946
Lot Area:
0.23 Acre
Status:
Active
Office Name:
BHGRE ELITE
Roof:
Asphalt Shingle
Features
Heating System:
See Remarks, 4+ Units
Cooling System:
Window A/C(s)
Basement:
Full
Flooring:
Wood, Tile
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Address Map
Country:
US
State:
Union
County:
Union
City:
Elizabeth City
Zipcode:
07208-2718
Street:
Stanton Ave
Street Number:
1027
Longitude:
W75° 47' 17''
Latitude:
N40° 41' 16.2''
Directions:
Cross Ave. or Alina St. to Stanton St.
Zoning:
Residential
Additional Information
Lot Size Dimensions:
100X100
Water Source:
Public Water
Stories Total:
2
Number Of Units Total:
6
Lot Features:
Level Lot
Financial
Tax Annual Amount:
21863
Listing Information
List Agent Mls Id:
242596
List Office Mls Id:
4952
Mls Status:
Active
Modification Timestamp:
2026-07-01T15:58:39Z
Originating System Name:
gsmls
Apartment Complex For Sale
Listing ID:
4037122
Lot Area:
0.23 Acre
$1,600,000
Agent info
Contact Agent

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