Wilmington, NC 28401

$1,000,000
1,120
SqFt
List Price
$1,000,000
Status
ACTIVE
MLS#
100323403
Days on Market
69
Year Built
1925
Living Area
1,120
Acres
0.09
Neighborhood
Not In Subdivision

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.

Additional Information

Taxes
$985
Foundation
Crawl Space
Lot Water Features
None
Sewer
Municipal Sewer, Municipal Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Re/Max Essential.

Copyright 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.