603 E Colonial Avenue #1, Elizabeth City, NC, 27909
About This Home
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.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Slab
- Roof: Membrane
- Construction materials: Brick,Wood Frame
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Electric Oven,Electric Cooktop,Washer,Refrigerator,Range,Dryer
- Laundry features: Dryer Hookup,Washer Hookup
Basement
- Basement: None
Bathroom1
- Level: Second
Bedroom1
- Level: Second
Bedroom2
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: Second
Features
- Vaulted Ceiling(s),High Ceilings,Ceiling Fan(s),Blinds/Shades
- Window features: Thermal Windows
- Flooring: Tile,Wood,Hardwood
- Attic: None
Heating & Cooling
- Heating features: Heat Pump,Electric
- Cooling features: Heat Pump
Interior Area
- Total structure area: 1,039
- Total interior livable area: 1,039 sqft
Kitchen
- Level: Second
Living Room
- Level: Second
Office
- Level: Second
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 891308992671
- Zoning: City CB
- Special condition: Standard
Features
- Levels: One
- Patio & porch: None
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Waterfront features: None
- Frontage type: See Remarks
- Living area range: 1000 - 1199
Lot
- Features: Corner Lot
- Lot size dimensions: Condo footprint
Parking
- Total spaces: 1
- Parking features: Detached,Garage6
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Coastal Flooding
- Hurricane
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Pasquotank County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,228 | $14,736 |
| Home Insurance * | $105 | $1,260 |
| Property Taxes | $129 | $1,548 |
| Electricity | $200 | $2,405 |
| Total | $1,662 | $19,944 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-08 | Listed for sale | $250,000 |
| 2020-08-04 | Sold | $105,000 |
| 2020-05-22 | Pending sale | $108,000 |
| 2020-03-18 | Listed for sale | $108,000 |
For Sale by Agent
View on Zillow