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533 Manly Avenue

Wilmington, NC 28405
  • $2,064,000
  • STATUS: Pending
  • ON SITE: 40 Days
  • ID#: 100328843
Pending
UPDATED: 58 min ago
$2,064,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 960
    SQFT
  • $2,150
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1997
County:
Area:

School Ratings & Info

Description

his is a 12 property single family portfolio throughout downtown Wilmington. Currently the total rents for 12 properties brings in a total of $200,400 a year and these rents can be increased. Great business plan to rent as is for a couple of years with a great return and then slowly make updates to the properties as they get more desirable and as more homes around them continue to be flipped increasing the value. At that time you can decide to sell or raise rents or flip the properties one by one depending on your investment goal. Most of the properties are on guarantee rent programs and is a direct deposit each month for easy management. Rent roll and additional information is in the document section. We can also provide any other information needed. The address consist of 1205 Queen, 1309 Glenn, 1315 Castle, 611 N 12th, 1102 Emory, 1111 N 30th, 2803 Spaulding, 514 Maides, 526 Manly, 533 Manly, 545 Manly.

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© 2022 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 2022-06-29T11:02:18.773.
www.thebethhinesteam.com/homes/128916415
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533 Manly Avenue Wilmington, NC 28405

  • Price: $2,064,000
  • Status: Pending
  • On Site: 40 Days
  • Updated: 58 min ago
  • ID#: 100328843
0
Beds
0
Baths
0
½ Baths
0.14
Acres
960
SQFT
$2,150
$/SQFT
1997
Built
Neighborhood:
Ridgecrest
County:
New Hanover
Area:
Wilmington
Property Description
his is a 12 property single family portfolio throughout downtown Wilmington. Currently the total rents for 12 properties brings in a total of $200,400 a year and these rents can be increased. Great business plan to rent as is for a couple of years with a great return and then slowly make updates to the properties as they get more desirable and as more homes around them continue to be flipped increasing the value. At that time you can decide to sell or raise rents or flip the properties one by one depending on your investment goal. Most of the properties are on guarantee rent programs and is a direct deposit each month for easy management. Rent roll and additional information is in the document section. We can also provide any other information needed. The address consist of 1205 Queen, 1309 Glenn, 1315 Castle, 611 N 12th, 1102 Emory, 1111 N 30th, 2803 Spaulding, 514 Maides, 526 Manly, 533 Manly, 545 Manly.
Exterior Features

Location Type Mainland Lot Dimensions Xxxx

Interior Features

Sq Ft Total Available 960.00

Property Features

Auction No City Limits Yes Cobra Zone No Hoa YN No New Construction No Property Taxes 961.92 Sale Lease Includes See Remarks Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2021 Zoning R-5



Listing information © 2022 NCRMLS
Listing courtesy of The Domenico Grillo Real Estate Team of Keller Williams Realty: (910) 777-2200.


© 2022 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 2022-06-29T11:02:18.773.
 
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The Beth Hines Team | RE/MAX Southland II
5160 NC Highway 42 West
Garner NC, 27529