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Listed price in listed location currency (USD).
$289,900
$289,900

220

MLS® 100550439

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 952 sqft
Garage No
Taxes $473
Lot Size 0.08 acres
Approx. Age 2024
Avg. Price Per Sqft $304
MLS® Number 100550439

Property Address: 175 Michael St, Jarvisburg, NC, 27947-9517

Average square foot calculated using Size range provided by listing agent.

Description

175 Michael Street, Jarvisburg, NC is a cash-flow-positive investment property offering immediate income with long-term flexibility. Permitted as a 2-bedroom, 2-bath home, the property is currently configured as a high-performing rental asset, ideal for investors seeking reliable returns. The upper level is leased month-to-month at $1, 300/month, providing instant cash flow. The lower-level studio (see floor plan) is currently vacant and was previously rented for $1, 100/month, offering the opportunity to place a tenant immediately, adjust rental strategy, or reconfigure the space. There is potential tenant interest, allowing for a smooth transition if desired. This efficiently designed home was built by one of the area's most reputable builders, Reliant Construction. With no wasted space, the layout offers an open, spacious feel on both the upper and lower levels, maximizing functionality and long-term rental appeal. Both levels are heated and cooled by efficient mini-split systems, helping keep operating costs low. The shared washer and dryer are located on the lower level, along with a water softener that services the entire home. Centrally located between the Outer Banks and Elizabeth City, this property presents an excellent opportunity for employee or workforce housing, which is increasingly difficult to find in the area. Ideal for service industry professionals, healthcare workers, and OBX employees commuting to and from the beach. Well suited for investors seeking immediate positive cash flow, local business owners needing workforce housing, or owners desiring flexibility with month-to-month tenancy and future repositioning.
MLS® Number100550439
Laundry Level
Central VacNo
FireplaceNo
Acreage0.08
Exterior
GarageNo
Approx. Age2024
BasementNone
DrivewaySee Remarks
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Living Room:Upper Level12.33 × 11.42 ft
Bathroom 2:Upper Level4.88 × 5.29 ft
Bathroom 1:9.04 × 5.29 ft
Utility Room:5.96 × 11.71 ft
Bedroom 1:Upper Level7.08 × 11.42 ft

Price History

Feb 5, 2026End Date
$289,900Sold Price

Sold

Jan 21, 2026List Date
$289,900List Price
  • Commute

Commute

Starting Address
Destination Address
175 Michael St, Jarvisburg, NC

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