Viewing Listing MLS# 100437467
Wilmington, NC 28401
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 5,990SqFt
- 1956Year Built
- 0.25Acres
- MLS# 100437467
- Commercial
- G
- Active
- Approx Time on Market24 days
- AreaNew Hanover (28401)
- CountyNew Hanover
- SubdivisionDowntown
Overview
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.
Baths Info
Building Info
Year Built: 1956
New Construction: No
Exterior Features
Financial
Asking Price Text: $1,785,000
Tax Assessed Value: 47030
Total Property Taxes: 3974.04
Tax Year: 2023
Stipulation Of Sale: None
List Pricesqft: 298
HOA Info
Interior Features
Lot Info
Lot Sqft: 10,890
Lot Dimensions: 165x66
Acres: 0.25
Misc Features
Special Assessments: None
Misc Info
Parking Info
Parking Driveway: Concrete, Lighted, Off Street, On Site, Paved, Private
Property Features
Property Info
County: New Hanover
Cobra Zone: No
Zoning: R-5
Subdivision Original: Downtown
Secondary Subdivision: N/A
Marketing City: Wilmington
City Limits: Yes
Sign On Property: No
Class Type: G
Restrictions
Sale / Lease Info
Sale Lease Includes: Buildings,Land,See Remarks
Schools
SqFt Info
Sqft: 5,990
Sqft Total Available: 5,996
Unit Info
Utilities /HVAC
Courtesy of Keller Williams Innovate-wilmington