Downtown Multi-Family Investment Sale

Multi-Family for Sale
Catylist Listing ID: 30762015
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Mixed Use, Other
Number of Units: 6 Units
Building Size (RSF): 6,604 SF
Sale Price: $1,600,000
Unit Price: $266,666.67 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 10/18/2021

Overview / Comments

Great investment opportunity in the heart of downtown Wilmington. This income producing property is close to businesses, court houses, city offices, entertainment, restaurants and Historic residential neighborhoods.Yearly income of $91,500 with potential for increase.

Please call broker for showing details.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04817-014-002-001
Percent Occupied: 100%
Property Condition: Good
Number of Stories: 3
Construction/Siding: Brick
Laundry: Shared
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PT W END 2 BLK 194

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,972 41,890 105,537
Median Age: 35.86 36.39 35.94
Households: 4,481 19,056 45,151
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