Active · Wilmington
619 S 11th Street
Wilmington, NC 28401
$295,000
$256 per sq ft- Bedrooms
- 3
- Bathrooms
- 2
- Square feet
- 1,154
- Year built
- 1938
Listing provided courtesy of RE/MAX Essential MLS# 100579945
A closer look
About this property
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.
Interior features
- SqFt
- 1,154
- Bedrooms
- 3
- Full bathrooms
- 2
- Half bathrooms
- 0
- Interior
- Master Downstairs, Ceiling Fan(s)
- Heating
- Heat Pump, Electric, Forced Air
- Cooling
- Central Air, Heat Pump
- Levels
- One
Exterior & grounds
- Lot size (acres)
- 0.12
- Lot dimensions
- 33x165
- Foundation
- Crawl Space
- Views
- None
- Construction
- Vinyl Siding, Wood Frame
- Roof
- Shingle
- Parking
- Shared Driveway, On Street, Concrete, Off Street
- Patio & porch
- Covered, Deck, Porch
- Fencing
- Chain Link, Back Yard
- Waterfront
- No
Community & association
- Community
- Not In Subdivision
- Homeowners association
- No
Utilities
- Utilities
- Sewer Available, Water Available
- Water source
- Public
Schools
- Elementary school
- Forest Hills
- Middle school
- Williston
- High school
- Hoggard
School assignments should be independently verified with the school district.
Property information
- Property type
- Residential
- Property subtype
- Single Family Residence
- Year built
- 1938
- New construction
- No
- MLS#
- 100579945
- County
- New Hanover
- Zoning
- R-5