Renovated 11-Unit Apartment
For Sale
Contact for pricing
Pending
121 2nd Street, Washington, NC 27889
Historic apartment property with varied layouts and a furnished short-term rental unit.
Property SizeContact for details
Days on Market144
Property Features for 121 2nd Street
General Information
Standard status
Pending
Property subtype
Industrial
Occupancy
91%
Units
Unit Mix
8 x 1BR, 2 x 2BR, 1 x studio
Multifamily Units
11
Additional Details
Road Access
Yes
Building Details
Year Renovated
2016
Buildings
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Seaside Realty
Listed By:
Maria Wilson · License #NC
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 5:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Seaside Realty
Investment Insights
Based on property information with market context.
This historic turn-of-the-century apartment property contains 11 units and underwent a complete renovation and modification in 2016. The unit mix includes 8 one-bedroom apartments, 2 two-bedroom apartments, and 1 studio. One furnished apartment is configured for short-term rental, while most of the remaining units are leased on annual terms. Average occupancy is 91%, with the furnished unit currently available for rent as the only vacancy.
The building is located 1/2 block from downtown shops and restaurants and 2 blocks from the Pamlico River. Street parking is available in front of the property, with a public parking lot immediately adjacent. Local government buildings and downtown businesses are within walking distance, while Vidant Beaufort Hospital and other Washington businesses are a short drive away. The property is also convenient to Greenville.
The building is located 1/2 block from downtown shops and restaurants and 2 blocks from the Pamlico River. Street parking is available in front of the property, with a public parking lot immediately adjacent. Local government buildings and downtown businesses are within walking distance, while Vidant Beaufort Hospital and other Washington businesses are a short drive away. The property is also convenient to Greenville.
Key Highlights
- 11‑unit apartment building renovated and modified in 2016
- Unit mix includes 8 one‑bedroom, 2 two‑bedroom, and 1 studio apartments
- Average occupancy of 91%
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
91%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
Explore this area
Business Placement
Demographics for 27889, NC
26,054
Population
12,956
Households
2
Avg Household Size
45
Median Age
21%
College-Educated
87%
High-School Grad
176.1 sq mi
ZIP Area
148
Density / Sq Mi
$52,694
Median Household Income
$36,058
Median Earnings
$847
Median Rent
$184,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Historic apartment property with varied layouts and a furnished short-term rental unit.
Where is this apartment building located?
The property is located at 121 2nd Street Washington, NC.
What are key features of this property?
This property features: 11‑unit apartment building renovated and modified in 2016; Unit mix includes 8 one‑bedroom, 2 two‑bedroom, and 1 studio apartments; Average occupancy of 91%
