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
Listed By
Agency Name: RE/MAX Essential
Agency Phone: 910-777-2700
Shown By
Agency Title: CENTURY 21 Thomas
Agency Phone: 888-249-2100
Estimated Payment
$ 692.24 per month $612.03 Principal & Interest $0.00 Property Tax (data not provided by mls) $80.21 Homeowner's Insurance
620 S 13th Street | MLS# 100579951
This single family home located at 620 S 13th Street, Wilmington, NC 28401 is currently listed for sale with an asking price of $275,000. This property was built in 1938 and has 2 bedrooms and 1 full baths with 916 sq. ft. S 13th Street is located in the Dawson-Castle Street subdivision within the New Hanover school district. Search Dawson-Castle Street real estate on www.century21thomas.com today.