121 E 2nd Street

For Sale

121 E 2nd St, Washington, NC 27889

This Washington property for sale is located at 121 E 2nd St. The current listed sale price for 121 E 2nd Street is $1,330,000.

Contacts

broker

David Divine

APG

Property Details

  • Property Type Other
  • Property Size 7,720 SF
  • Units 11
  • Additional Rent Contact for pricing
  • Date Updated Nov 4, 2024

This Historic Washington, 11-unit apartment building has been 100% leased for the past 3 years. Ideally located just two blocks from the Historic Waterfront and one block to Downtown Washington restaurants, attractions and shops. Walkable to all the great amenities the Historic Waterfront has to offer.

For those investors looking for both long-term and short-term investment opportunities, this is the property for you. Built in 1906, this Grand turn-of-the-century 2 story home was beautifully and completely renovated in 2016 to the current 7,720 SF apartment building. The property has seven 1-Bedroom apartment units, two 2 Bedroom apartments, 2 studio apartments, foyer with grand chandelier, 2 common areas, laundry room and storage area.

The building is handicapped accessible (parking and ramp) and fully sprinklered. Locked front and rear entrances for the safety of our tenants. Wrap around front porch with rocking chairs, swings and tables to enjoy the lovely Washington breeze and relax.

One of the units is fully furnished for mid-term renters (3-6 months) that tend to be travel nurses and professionals. The other leases are long-term annual leases, but this convenient location lends itself to short term, mid-term, and long-term leases. Several tenants have lived in the building for over 4 years.

For access to Due Diligence documents, click here.

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Highlights

  • One block from downtown Washington with numerous restaurants, shops, and other attractions
  • Two blocks from Pamlico River waterfront
  • Beautiful wrap around porch with outdoor seating
  • Smoke-free and pet-free facility
  • One fully furnished unit for mid-term renters
  • Shared coin-operated laundry room off of common area

Attachments

Getting around

  • 62/100

    Walk Score ®

  • 60/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Washington, NC
  • Zip Code 27889

Points of Interest

  • Speedway

    1.18 miles

  • Murphy USA

    1.39 miles

  • Choco Mart

    2.75 miles

  • Washington Quality Plus

    2.75 miles

  • Shell

    3.65 miles

  • Washington Motel

    0.93 miles

  • Red Roof Inn Washington

    0.96 miles

  • Days Inn by Wyndham Washington

    0.97 miles

  • Sunset Inn

    1.03 miles

  • Econo Lodge

    1.48 miles

  • Comfort Inn

    1.59 miles

  • Quality Inn

    1.60 miles

  • Hampton Inn Washington

    1.93 miles

  • Fairfield Inn & Suites

    2.01 miles

  • Fountain Lodge

    2.85 miles

  • Food Lion

    1.21 miles

  • Belk

    1.27 miles

  • Walmart Supercenter

    1.29 miles

  • 4 boyz

    3.24 miles

  • Food pride

    3.95 miles

  • La Potosina

    7.72 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

David Divine

APG