Advanced Search
Your search results

$1,550,000
Wilmington, NC 28401
MLS# 100437467
Status: Closed
5990 sqft


1-web-or-mls-DSC02766 _2
  1 / 90  
1-web-or-mls-DSC02766 _2 2-web-or-mls-DSC02758 3-web-or-mls-DSC02227 4-web-or-mls-DSC02229 5-web-or-mls-DSC02143 6-web-or-mls-DSC02146 7-web-or-mls-DSC02149 8-web-or-mls-DSC02152 9-web-or-mls-DSC02155 10-web-or-mls-DSC02158 11-web-or-mls-DSC02161 12-web-or-mls-DSC02164 13-web-or-mls-DSC02167 14-web-or-mls-DSC02170 15-web-or-mls-DSC02173 16-web-or-mls-DSC02176 17-web-or-mls-DSC02179 18-web-or-mls-DSC02182 19-web-or-mls-DSC02185 20-web-or-mls-DSC02188 21-web-or-mls-DSC02193 22-web-or-mls-DSC02196 23-web-or-mls-DSC02199 24-web-or-mls-DSC02202 25-web-or-mls-DSC02205 26-web-or-mls-DSC02208 27-web-or-mls-DSC02211 28-web-or-mls-DSC02214 29-web-or-mls-DSC02217 30-web-or-mls-DSC02220 31-web-or-mls-DSC02223 32-web-or-mls-DSC02226 33-web-or-mls-DJI_0341 34-web-or-mls-DJI_0342 35-web-or-mls-DJI_0343 36-web-or-mls-DJI_0344 37-web-or-mls-DJI_0346 38-web-or-mls-DJI_0347 39-web-or-mls-DJI_0348 40-web-or-mls-DJI_0349 41-web-or-mls-DJI_0350 42-web-or-mls-DJI_0351 43-web-or-mls-DJI_0352 44-web-or-mls-DJI_0353 45-web-or-mls-DJI_0354 46-web-or-mls-DJI_0355 47-web-or-mls-DJI_0356 48-web-or-mls-DJI_0357 49-web-or-mls-DJI_0358 50-web-or-mls-DJI_0359 51-web-or-mls-DJI_0360 52-web-or-mls-DJI_0361 53-web-or-mls-DJI_0362 54-web-or-mls-DJI_0363 55-web-or-mls-DJI_0364 56-web-or-mls-DJI_0365 57-web-or-mls-DJI_0366 58-web-or-mls-DJI_0367 59-web-or-mls-DJI_0369 60-web-or-mls-DJI_0370 61-web-or-mls-DJI_0371 62-web-or-mls-DJI_0372 63-web-or-mls-DSC02713 64-web-or-mls-DSC02716 65-web-or-mls-DSC02719 66-web-or-mls-DSC02722 67-web-or-mls-DSC02725 68-web-or-mls-DSC02728 69-web-or-mls-DSC02731 70-web-or-mls-DSC02734 71-web-or-mls-DSC02737 72-web-or-mls-DSC02740 73-web-or-mls-DSC02743 74-web-or-mls-DSC02746 75-web-or-mls-DSC02749 76-web-or-mls-DSC02752 77-web-or-mls-DSC02753 78-web-or-mls-DSC02754 79-web-or-mls-DSC02755 80-web-or-mls-DSC02756 81-web-or-mls-DSC02757 82-web-or-mls-DSC02759 83-web-or-mls-DSC02760 84-web-or-mls-DSC02761 85-web-or-mls-DSC02763 86-web-or-mls-DSC02764 87-web-or-mls-DSC02765 88-web-or-mls-DSC02766 _1 89-web-or-mls-Photo Mar 18 2024, 6 52 27 90-web-or-mls-Photo Mar 18 2024, 6 52 27

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.

Details
Building/Ext Features
Lot Acres: 0.25
Lot SqFt: 10890
Lot Dimensions: 165x66
SqFt - Total Available: 5996
Location Type: Mainland
Contract Info
Available Date: 2024-04-08
Delayed Marketing?: No
Garage: Masterlock
List Price/SqFt: 266.28
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2024-04-08
Listing Price: 1595000
Current Price: $1,550,000
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
County: New Hanover
State/Province: NC
Zip Code: 28401
Subdivision: Downtown
Remarks and Showing
Sign on Property: No
Directions to Property: Market Street toward the river. Take a right on 10th Street. The property is on the corner of 10th and Grace St
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 470300
Deed Book: 5925
Deed Page: 1200
Legal: NWM 1 BLK 200
Broker Owner: No
PID: RO4818-003-001-000
Tax Identifier: R04818-003-001-000
Plat Book: 0
Plat Page: 0
Total Real Estate Property Taxes: 3974.04
Special Assessments: None
Tax Year: 2023
Zoning: R-5
Cobra Zone: No
Year Built: 1956
Current Use
Multi-Family: 1
Residential: 1
Parking Features
Concrete: 1
Lighted: 1
Off Street: 1
On Site: 1
Paved: 1
Private: 1
Sale/Lease Includes
Buildings: 1
Land: 1
See Remarks: 1
Heating System Fuel Source
Electric: 1
BuildingExt Features
SqFt - Heated (Primary): 5990
Status Change Info
Under Contract Date: 2024-09-04
Sold Price: $1,550,000
Sold Date: 2024-11-08
Property Features
Parking Features: Concrete; Lighted; Off Street; On Site; Paved; Private
Current Use: Multi-Family; Residential
Heating System Fuel Source: Electric

IDX
Listing Office: Keller Williams Innovate-Wilmington

Last Updated: November - 11 - 2024

Copyright 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.


Compare