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843-997-2744
Realty One Group Dockside
808 S 9th St, Wilmington, NC 28401
- $275,000
- 4
- BD
- 1
- BA
- 854
- SqFt
- List Price
- $275,000
- Days on Market
- 117
- MLS#
- 100579949
- Bedrooms
- 4
- Full Bathrooms
- 1
- Sq. Ft
- 854
- Lot Size
- 2,134
- Acres
- 0.05
- Price Per Sqft
- $322
- Subtype
- Single Family Residence
- County
- New Hanover
- City
- Wilmington
- Zip
- 28401
- Subdivision
- Dawson-Castle Street
- Year Built
- 1925
Property Description
Part of 5-property income portfolio in downtown Wilmington -- offered as a single transaction. or as a stand alone. All homes leased and currently producing $96,000 in annual gross rent. Seller has completed significant system upgrades across the portfolio in recent years: new roofs (4 of 5), new HVAC, new windows, new flooring. Concentrated in Wilmington's most active rental corridor -- walking distance to the Cargo District, Castle Street, and the Riverfront. Combined ~5,000 sq ft / 14 BR / 9 BA across five separate parcels. Est. cap rate ~6.9% at asking on current rents. Sold as-is.
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Additional Information
- Cooling
- Central Air, Heat Pump
- Heating
- Heat Pump, Electric, Forced Air
- Flooring
- Laminate, Wood
- Roof
- Shingle
- Utilities
- Sewer Connected, Water Available
- Amenities
- None
- Elementary School
- Forest Hills
- Middle School
- Williston
- High School
- Hoggard
Listing courtesy of Listing Agent: Benjamin T Eisenberg () from Listing Office: RE/MAX Essential.
Listing courtesy of Listing Agent: Benjamin T Eisenberg () from Listing Office: RE/MAX Essential.
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