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.
40 days
|
300
|
4
|
Zillow last checked:
Listing updated:
Listed by:
Benjamin T Eisenberg910-619-1533,
RE/MAX Essential
Source: Hive MLS,MLS#: 100579940Originating MLS: Cape Fear Realtors MLS, Inc.
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Rooms
Room types: Master Bedroom, Living Room, Bedroom 2
Primary bedroom
Dimensions: 13 x 19
Bedroom 2
Dimensions: 12.75 x 13.5
Kitchen
Dimensions: 12.75 x 10
Living room
Dimensions: 13 x 18
Heating
Heat Pump, Electric, Forced Air
Cooling
Central Air, Heat Pump
Features
None, Ceiling Fan(s)
Interior area
Total structure area: 1,224
Total interior livable area: 1,224 sqft
Property
Parking
Parking features: Off Street, Unpaved
Features
Levels: One
Patio & porch: Covered, Porch
Fencing: Partial,Wood
Has view: Yes
View description: See Remarks
Frontage type: See Remarks
Lot
Size: 3,790 Square Feet
Dimensions: 37 x 103
Details
Parcel number: R05413022020000
Zoning: R-5
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Vinyl Siding, Wood Frame
Foundation: Crawl Space
Roof: Shingle
Condition
New construction: No
Year built: 1925
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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