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Address Not Published

Wilmington, NC 28401
  • $1,100,000
  • STATUS: Active
  • ON SITE: 227 Days
  • ID#: 100323403
UPDATED: 40 min ago
$1,100,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,120
    SQFT
  • $982
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1925
County:
Area:

School Ratings & Info

Description

Great investment opportunity with high upside and value-add potential. This fully occupied package deal is perfect for someone looking to add to their buy and hold rental portfolio. 5 stand alone investment properties offered as portfolio, see attached Exhibit A. Tenants in place in all 5 properties. All units have been updated with new windows, 4 have new HVACs (not 1104), 4 units have new roofs (not 9th St), 7th St has new floors, 1220 Queen has a new deck and new fence. Gross rental income is $63,600. Full marketing package available upon request.

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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 2022-12-04T20:00:11.487.
www.thebethhinesteam.com/homes/127883361
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Address Not Published Wilmington, NC 28401

  • Price: $1,100,000
  • Status: Active
  • On Site: 227 Days
  • Updated: 40 min ago
  • ID#: 100323403
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1,120
SQFT
$982
$/SQFT
1925
Built
Neighborhood:
Not In Subdivision
County:
New Hanover
Area:
Wilmington
Property Description
Great investment opportunity with high upside and value-add potential. This fully occupied package deal is perfect for someone looking to add to their buy and hold rental portfolio. 5 stand alone investment properties offered as portfolio, see attached Exhibit A. Tenants in place in all 5 properties. All units have been updated with new windows, 4 have new HVACs (not 1104), 4 units have new roofs (not 9th St), 7th St has new floors, 1220 Queen has a new deck and new fence. Gross rental income is $63,600. Full marketing package available upon request.
Exterior Features

Construction Wood Frame Foundation Crawl Space Location Residential Location Type Mainland Lot Dimensions 38X103x37x103 Lot Water Features None Road Type Frontage Public (City/Cty/St)

Interior Features

Attic None Basement None Sq Ft Total Available 1224.00

Property Features

Auction No City Limits Yes Cobra Zone No Commercial Sub Type Other Hoa YN No New Construction No Possession At Closing Property Taxes 985.88 Sale Lease Includes Buildings Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2021 Water Sewer Municipal SewerMunicipal Water Zoning R-5



Listing information © 2022 NCRMLS
Listing courtesy of Benjamin Eisenberg of Re/Max Essential: (910) 777-2700.


© 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 2022-12-04T20:00:11.487.
 
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The Beth Hines Team | RE/MAX Southland II
5160 NC Highway 42 West
Garner NC, 27529