Wilmington, NC 28401

$1,595,000
List Price
$1,595,000
Status
ACTIVE
MLS#
100437467
Price Change
▼ $100,000 1717747060
Days on Market
67
Year Built
1956
Acres
0.25
Neighborhood
Downtown
Stipulations
None

Property 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.

Additional Information

Heating
Electric

Mortgage Calculator

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

Listing courtesy of Keller Williams Innovate-Wilmington.

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