Bedroom #1 with exposed brick wall, vast lighting and dual closets - 603 E Colonial Avenue 1, Elizabeth City, NC 27909
1 photo

$242,900

603 E Colonial Avenue 1, Elizabeth City, NC 27909
Elizabeth City, NC 27909
Listed by The Morrisette Group · BHHS RW Towne - Moyock
Bedrooms
2
Bathrooms
1
Living area
1,039 sqft
Year built
1920

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.

Property details

MLS
Hive MLS
MLS #
100565787
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
192
On market date
April 8, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
1
Parking spaces
1
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
J C Sawyer Elementary
0.89 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
379
Student:teacher ratio
15.8:1
District
Elizabeth City-Pasquotank Public Schools
Middle
Elizabeth City Middle
5.49 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
555
Student:teacher ratio
15.4:1
District
Elizabeth City-Pasquotank Public Schools
High
Pasquotank County High
5.42 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
601
Student:teacher ratio
14.0:1
District
Elizabeth City-Pasquotank Public Schools

Walkability

Blended score for Elizabeth City's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

63
Walkable
out of 100
EPA National Walkability Index
12.5 / 20 -- Above average walkable

Market position

How this listing compares to current activity in Elizabeth City, from live MLS data.

On the market 192 days -- 44 more days than Elizabeth City's current average of 148 days.
For reference, the median list price across 296 active listings in Elizabeth City right now is $309,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,613/mo
$48,580 down
$194,320 loan
Principal & interest$1,260
Property tax (est.)$202
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 20 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.