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106 N Water Street, 404

Wilmington, NC 28401

$412,000

$704 per Sq.Ft.

  • Active
  • 1 beds
  • 1 baths
  • 585 Sq. Ft.
  • Residential
  • Built in 2000
  • MLS #100403350
1 beds
1 baths
585 Sq. Ft.
Residential
Built in 2000
MLS #100403350
Welcome to the heart of Historic Downtown Wilmington. This Spectacular, fully furnished 1 bedroom, 1 bath condo is 585 square feet, located on the coveted 4th floor of the Water Street Building. This Condominium offers an unobstructed view of the majestic Cape Fear River, the iconic USS North Carolina battleship and further provides a unique advantage, with a picture-perfect view of the mesmerizing river activity, right from the cool comfort of your own living room, no need to step outside. And when you do step outside, you will greatly appreciate the large covered and protected balcony, offering the utmost privacy and panoramic river views. This property boasts easy maintenance laminate plank flooring, ceiling fans, and a new (1-year-old) water heater. The kitchen includes spacious granite counter tops, cabinets, and a full-sized oven/range. The building features 2 convenient, secure elevators and a shared owners onsite Parking Lot, just steps from your front door. In addition to the remarkable features of your new condo, its location offers a wealth of attractions and amenities, making it the perfect place. Indulge your culinary desires with an array of downtown's finest restaurants, the award-winning Wilmington River Walk, and Historical Sites, all within easy walking distance. And do not forget the many beaches and costal waterways that are only a short drive away. Whether you intend to call this condo your permanent residence, your part-time getaway, or place it as an AirBNB the HOA allows short-term rentals, making this property a hot commodity for both investors and homeowners alike. ***NOTE: The HVAC is brand new and was installed on March 4, 2024! The condo is in excellent shape.

Interior Features

Total bedrooms
1 bedrooms
Full bathrooms
1 full bathrooms
Half bathrooms
0 half bathrooms
Kitchen appliances
Washer, stove/oven - electric, refrigerator, microwave - built-in, humidifier/dehumidifier, dryer, dishwasher
Interior features
Foyer, elevator, 9ft+ ceilings, ceiling fan(s), furnished
Flooring
Lvt/lvp
Cooling
Central air
Heating
Heat pump, electric

Exterior Features

Water front
No
Water features
None
Fencing
None
Exterior features
Brick, stone, concrete
Roof

HOA Information

HOA
Yes
HOA fees
$2,880.00
HOA amenities
Cable, elevator(s), flood insurance, maint - comm areas, maint - grounds, maintenance structure, management, pest control, roof, security, sewer, termite bond, trash, water, no amenities

Utilities

Utilities
Municipal sewer available

Schools

Elementary school
Snipes
Middle school
Williston
High school
New Hanover

Other Information

Tax assessed value
$243,600.00
Tax amount
$2,216.03
Tax year
2023
Zoning
CBD

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Listing provided courtesy of: Intracoastal Realty Corporation. All information is deemed reliable but not guaranteed and should be independently verified. Moment Realty shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data.

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About Wilmington

Located on the Southeastern tip of North Carolina and home to more than 100,000 residents, Wilmington is located between the Atlantic Ocean and the Cape Fear River. Wilmington is a charming and contemporary small city with abundant lifestyle options and a thriving business climate.

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Market trends

There were 317 new listings in Wilmington last month. The average time on market was 48 days and the average price of new new listings was $627,865. Over the last three months, the average sale price to list price ratio was 96.77%.

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