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Listed price in listed location currency (USD).
$1,250,000

210

MLS® 100570339

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 882 sqft
Garage 
Taxes 
Days Active 116
Lot Size 0.08 Acres
Approx. Age 1920
Avg. Price Per Sqft $1,417
MLS® Number 100570339

Property Address: 1220 Queen St, Wilmington, NC, 28401-5417

Average square foot calculated using Size range provided by listing agent.

Description

Five-property income portfolio in downtown Wilmington -- offered as a single transaction. 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.
MLS® Number100570339
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
Basement
DrivewayOn Street
Garage Spaces
HeatOther, Electric, Forced Air
A/CCentral Air

Extras

Rooms

Kitchen:First Floor16.5 × 6.7 ft
Living Room:16.3 × 11.9 ft
Bedroom 2:First Floor12.9 × 10.5 ft
Master Bedroom:First Floor12.9 × 11.5 ft

Home Estimate Zoopraisal®

This property is estimated to sell between: $289,000 and $1,731,000.
Similar properties in this area sold on average for: $289,009
Expected to sell very soon! Similar properties sold in 56 days. This home has been on Zoocasa for 116 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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