Pending
Private Address
$1,595,000/month
$266.28 per sqft
Pending
5,990 sqft
Other
Built in 1956
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.
100437467
MLSⓇ ID
April 8, 2024
Listed
September 13, 2024
Updated
Map
Private Address
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.25 Acres
Other Property Details
Taxes
$3,974
Tax Frequency
Annually
Days on Market
150
Garage
No
Parking
Private, Concrete, Lighted, Off Street, On Site, Paved
View
No
County
New Hanover
Pool
No
Zoning
R-5
Listing History
Date | Event | Price |
|---|---|---|
9/5/2024 | Pending | — |
6/7/2024 | Price change | $1,595,000 -6% |
5/16/2024 | Price change | $1,695,000 -6% |
Courtesy of Keller Williams Innovate-Wilmington with The Domenico Grillo Real Estate Team,
Listing Contact: 910-508-7387
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Data last updated 2:18 PM UTC, 9/13/2024