293 E. Water Street, Belhaven, North Carolina, 27810
*PRICE REDUCED* Investment and income producing property for sale in Belhaven, NC. This property has both residential and commercial units leased with a good rental history and a 8.6% cap rate. Both residential and commercial units have great views of the Pungo River in Belhaven. Water Street Villas has been remolded throughout this 15,660 plus square foot building with a sprinkler system, elevator and two sets of stairs.
The five commercial units are on the bottom floor with a large deck that is very inviting. Each unit has its own access and great views of the river. The commercial units have their own meters and there are five parking places in front of the property, also there is public parking very close.
There are ten residential apartments on the second and third floors, that have great views of the river. Four of the apartments are two-bedroom, each with it’s own balcony and six one-bedroom apartments. All of the apartments have been upgraded in the past few years and have a great rental history.
This is a beautiful property that is well-maintained and managed, with very inviting colors, large decking and more. Belhaven is a great small town in Beaufort County NC, with great access to large rivers, unbelievable restaurants and truly great southern charm of a small town in Eastern, NC.