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Address Not Available By Request

Wilmington, NC 28401
  • $1,695,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 100437467
Price Reduced
UPDATED: 71 min ago
$1,695,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,990
    SQFT
  • $283
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1956
County:
Area:

School Ratings & Info

Description

7 unit fully occupied, government funded, direct deposit, apt complex in prime Downtown Wilmington! This cash cow brings in roughly over 150k per year, gross. Tenants pay the majority of all utilities. The asset has gone through some big renovations in past few months. Roof is 2016, all hvacs are brand new, 5 of 7 water heaters just replaced, new kitchen cabinets, appliances, bathrooms updated, showers refinished, interior and exterior doors replaced, new electrical outlets and light switches, new LVP flooring in 4 of 7 of the units, new windows in some of the units, exterior painted and updated and all the leases have about 8-10 months left. High security deposit that were collected and transfer to new owner. With proof of funds we will send over rent roll/P&L's. You're not going to want to miss this opportunity.

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Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-05-19T16:03:44.353.
www.nccoastalproperty.com/homes/149506043
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Address Not Available By Request Wilmington, NC 28401

  • Price: $1,695,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 71 min ago
  • MLS #: 100437467
0
Beds
0
Baths
0
½ Baths
0.25
Acres
5,990
SQFT
$283
$/SQFT
1956
Built
Neighborhood:
Downtown
County:
New Hanover
Area:
Wilmington
Property Description
7 unit fully occupied, government funded, direct deposit, apt complex in prime Downtown Wilmington! This cash cow brings in roughly over 150k per year, gross. Tenants pay the majority of all utilities. The asset has gone through some big renovations in past few months. Roof is 2016, all hvacs are brand new, 5 of 7 water heaters just replaced, new kitchen cabinets, appliances, bathrooms updated, showers refinished, interior and exterior doors replaced, new electrical outlets and light switches, new LVP flooring in 4 of 7 of the units, new windows in some of the units, exterior painted and updated and all the leases have about 8-10 months left. High security deposit that were collected and transfer to new owner. With proof of funds we will send over rent roll/P&L's. You're not going to want to miss this opportunity.
Exterior Features

Location Type Mainland Lot Dimensions 165x66 Parking Driveway ConcreteLightedOff StreetOn SitePavedPrivate

Interior Features

Sq Ft Total Available 5996.00

Property Features

City Limits Yes Cobra Zone No Current Use1 Multi-FamilyResidential New Construction No Property Taxes 3974.04 Sale Lease Includes BuildingsLandSee Remarks Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2023 Zoning R-5



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of The Domenico Grillo Real Estate Team of Keller Williams Innovate-Wilmington: (910) 777-2200.


Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-05-19T16:03:44.353.
 
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The Legacy Team | Intracoastal Realty
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Ocean Isle Beach NC, 28469