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Address Not Available By Request

Wilmington, NC 28409
  • $2,800,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 100512238
UPDATED: 64 min ago
$2,800,000
  • 0
    BEDS
  • 4.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,302
    SQFT
  • $2,151
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2002
County:
Area:

School Ratings & Info

Description

Turnkey 9-unit residential portfolio offered with roughly two additional contiguous acres of adjacent land in a prime infill location - total acreage of site is 4.36 ac. Fully leased and well-maintained, this stabilized income-producing asset presents both immediate cash flow and long-term upside. The property features a mix of unit types, some with garages, and sits within a strong rental submarket. The additional acreage offers excellent development potential for expansion, subdivision, or future redevelopment. A rare opportunity to acquire both rental income and infill land in a single package.Seller's are listing brokers and licensed NC Real Estate Brokers.

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Mid Carolina MLS logo© 2025 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 2025-07-09T22:58:24.087.
www.nccoastalproperty.com/homes/164662420
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Address Not Available By Request Wilmington, NC 28409

  • Price: $2,800,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 64 min ago
  • MLS #: 100512238
0
Beds
0
Baths
0
½ Baths
4.36
Acres
1,302
SQFT
$2,151
$/SQFT
2002
Built
Neighborhood:
Not In Subdivision
County:
New Hanover
Area:
Wilmington
Property Description
Turnkey 9-unit residential portfolio offered with roughly two additional contiguous acres of adjacent land in a prime infill location - total acreage of site is 4.36 ac. Fully leased and well-maintained, this stabilized income-producing asset presents both immediate cash flow and long-term upside. The property features a mix of unit types, some with garages, and sits within a strong rental submarket. The additional acreage offers excellent development potential for expansion, subdivision, or future redevelopment. A rare opportunity to acquire both rental income and infill land in a single package.Seller's are listing brokers and licensed NC Real Estate Brokers.
Exterior Features

Location Type Mainland Lot Dimensions irregular

Interior Features

Sq Ft Total Available 1302.00

Property Features

City Limits Yes Cobra Zone No Commercial Sub Type Other Current Use1 ResidentialVacant Gross Income 168000.00 Lease Types See Remarks New Construction No Possession At Closing Sale Lease Includes BuildingsLand Secondary Subdivision N/A Stipulation Of Sale Standard Tax Year 2025 Terms 1031 ExchangeConventionalCash Zoning R-15



Mid Carolina MLS logo Listing information © 2025 NCRMLS
Listing courtesy of Jarrod Covington of Cadence Realty Corporation: (910) 239-7697.


Mid Carolina MLS logo© 2025 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 2025-07-09T22:58:24.087.
 
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The Legacy Team | Intracoastal Realty
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