Price Reduced Listing8-unit mixed-use property located near Wilmington's Historic District, Downtown, and the Soda Pop District. Built in 1900 with extensive renovations completed 2021-2024. Updates include full interior improvements with each residential unit uniquely finished. Property is in the UMX zoning district. Configuration includes 1 retail space, 4 one-bedroom units, 2 studio units, and 1 two-bedroom unit. Annual rental income approx. $124,000. Strong rental history and turnkey investment opportunity in a high-demand urban location.
| MLS # | 100543390 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 349 |
| Listing Provided By | Intracoastal Realty Corporation | Jeffrey G Hovis |
| SQ Feet | 4,434 |
|---|---|
| Zoning | UMX |
| Acreage | 0.08 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air, Wall/Window Unit(s) |
| Roof | Shingle |
|---|---|
| Foundation Details | Crawl Space |
| Lot Features | Corner Lot |
| Waterfront Features | None |
| Construction Materials | Wood Siding, Wood Frame |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | On Street |
| Utilities | Natural Gas Connected, Electricity Connected |
|---|
| Tax Assessed Value | 1521500 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | Pt Lot 55 Blk 184 Wilm |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Listing VS Median (in 28401) | |
Price: $1,195,000 low | high Med: $369,000 sqft: 4,434 low | high Med: 2,193 $ / sqft: $270 low | high Med: $168 On site: 349 low | high Med: 157 | |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Listing VS Median (in 28401) | |
Price: $1,195,000 low | high Med: $369,000 sqft: 4,434 low | high Med: 2,193 $ / sqft: $270 low | high Med: $168 On site: 349 low | high Med: 157 | |
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