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$250,000
Property Description
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.
Full Property Details
Full Property Details for 603 E Colonial Ave #1
General
- Price: $250,000
- HOA FEE: $213/month
- HOA FEE FREQ.: Annually
- Taxes: (2024)
- Status: Active
- Type: Condo
- Source: 2253
- MLS ID: 100565787
- Updated: 5/13/2026
- Added to Site: 35 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Vaulted Ceiling(s), High Ceilings, Ceiling Fan(s), Blinds/Shades
- Appliances: Electric Oven, Electric Cooktop, Washer, Refrigerator, Range, Dryer
- Furnishings: Negotiable
- Flooring: Tile, Wood, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup
Additional Information
- Shared Amenities: Management, Pest Control, Termite Bond
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: None
Parking
- Garage Spaces: 1
- Parking Features: Detached, Garage6
Location
- County: Pasquotank
- Subdivision: N/A
- Driving Directions: Elizabeth Street to N Poindexter, left on Colonial Ave, property is on the right.
School Information
- Elementary School: Sheep-Harney Elementary
- Middle School: River Road Middle School
- High School: Northeastern High School
Community
- Association: Yes
- Assoc. Name: 1920's Condominiums
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Ceiling Fan(s)2, Heat Pump
- Heating Type: Heat Pump, Electric
Utilities
- Sewer: Municipal Sewer, City/Town
- Water: Public
- Utility Description: Cable Available, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Other39
- Structure Type: Wood Frame, Stick Built
- Construction: Brick, Wood Frame
- Basement Desc.: None
- Roof: Membrane
- Windows: Thermal Windows
- Entry Floor Number: 2
- Square Feet: 1,039
- Year Built: 1920
Lot Features
- Lot Dimensions: Condo footprint
- Frontage: City Street, State Road, Paved, Paved
- Lot Features: Corner Lot
- Zoning: City CB
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $240.62
- Association Fee: $2,557
- Assoc Fee Freq.: Annually
- Assessment Amount: $154,500
- Tax Year: 2024
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 891308992671
- Property ID: 891308992671
- Lot Number: Unit #1
Listed by Berkshire Hathaway HomeServices RW Towne Realty/Moyock, The Morrisette Group
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Schools
Schools serving 603 E Colonial Ave #1
School District:Pasquotank County Schools
| Name | Grades | Distance |
|---|---|---|
J C Sawyer Elementary 1007 Park Street, Elizabeth City, NC 27909 | K-5 | 0.9 mi |
Elizabeth City Middle 1066 Northside Road, Elizabeth City, NC 27909 | 6-8 | 5.5 mi |
Pasquotank County High 1064 Northside Road, Elizabeth City, NC 27909 | 9-12 | 5.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 603 E Colonial Ave #1
Date
Details
Price
Change
Source
4/08/2026
Listed
$250,000
138.1%
MLS
7/29/2020
Sold
$105,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 603 E Colonial Ave #1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,087
2%
$154,500
—
2023
$2,049
24%
$154,500
—
2021
$1,651
—
$154,500
59%
2021
$1,651
100%
$97,400
—
2016
—
$97,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 603 E Colonial Ave #1
603 E Colonial Avenue #1, Elizabeth City, NC 27909 (MLS# 100565787) is a Condo property with 2 bedrooms and 1 full bathroom. 603 E Colonial Avenue #1 is currently listed for $250,000 and was received on April 08, 2026. Want to learn more about 603 E Colonial Avenue #1? Do you have questions about finding other Condo real estate for sale in Sawyertown? You can browse all Sawyertown real estate or contact a Coldwell Banker agent to request more information.