$282.97 Per Sq Foot $8,842 est/mo Sourced by Back At You

MLS Number: 100437467

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Description

7 unit fully occupied, government funded, direct deposit, apt complex in prime Downtown Wilmington! This cash cow brings in roughly over 150k per year, gross. Tenants pay the majority of all utilities. The asset has gone through some big renovations in past few months. Roof is 2016, all hvacs are brand new, 5 of 7 water heaters just replaced, new kitchen cabinets, appliances, bathrooms updated, showers refinished, interior and exterior doors replaced, new electrical outlets and light switches, new LVP flooring in 4 of 7 of the units, new windows in some of the units, exterior painted and updated and all the leases have about 8-10 months left. High security deposit that were collected and transfer to new owner. With proof of funds we will send over rent roll/P&L's. You're not going to want to miss this opportunity.

Details

MLS#100437467
Listing TypeFor Sale
StatusActive
Year1956
Days On Site50
Listing Provided ByKeller Williams Innovate-Wilmington | The Domenico Grillo Real Estate Team

Features

N/A5,990
ZoningR-5
Acreage0.25

Market Activity 28401

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Listings Checked: 2 minutes ago
StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
AreaNew Hanover
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$1,695,000
low | high
Med:
$490,000
100% of Average
SqFt:
5,990
low | high
Med:
1,900
100% of Average
$ / SqFt:
$283
low | high
Med:
$265
56.210331415775% of Average
On Site:
50
low | high
Med:
69.000000
72.463768115942% of Average
Sourced by Back At You
Listing Updated: May 27, 2024 at 1:37:17 PM PDT