Pasquotank County, Elizabeth City, NC 27909

BUY AND HOLD OPPORTUNITY IN ELIZABETH CITY Spacious 3-bedroom, 2.5-bath home offering approximately 2,000 square feet on a large 0.73-acre lot in the established Kingswood neighborhood. Built in 2007, this property offers a strong value-add opportunity for an investor looking to renovate and resell in a market supported by multiple nearby sales around $360,000 and above. PROPERTY DETAILS Property Type: Single-Family Residence Bedrooms: 3 Bathrooms: 2.5 Living Area: Approximately 2,000 SF Lot Size: Approximately 0.73 acres Year Built: 2007 Occupancy: Owner-Occupied Foundation: Crawlspace Foundation Condition: Fair HVAC: Central Air Property Condition: Major Repair INVESTMENT DETAILS Estimated ARV: $360,000–$370,000 Estimated Repairs: $25,000–$40,000 Expected Closing: August 31, 2026 Strategy: Buy and Hold NEARBY SOLD COMPARABLES 102 Majesty Court — 3 BR / 3 BA | 1,917 SF | 0.69 acres | Sold for $360,000 102 Crossbow Court — 4 BR / 3 BA | 2,398 SF | 0.69 acres | Sold for $395,000 101 Prince William Drive — 3 BR / 3 BA | 1,951 SF | 0.73 acres | Sold for $360,000 404 Kingswood Boulevard — 3 BR / 2 BA | 1,680 SF | 0.69 acres | Sold for $360,360 Based on the nearby comparable sales, the property appears well positioned for a projected resale value of approximately $360,000–$370,000, depending on the final renovation scope, finishes, and market conditions at the time of resale. Buyer to perform all independent due diligence and verify property condition, repair costs, square footage, comparable sales, and projected resale value. Property is being sold as-is. Link for photos: [contact details hidden] Contact Zach Howder at [contact details hidden] to schedule access.