$785,450
Wilmington, NC 28401
MLS# 100445465
7 beds | 5 baths | 1012 sqft
1 / 6
Property Description
Three single home property rental portfolio located near downtown Wilmington. There is a 3 bedroom/2 bath, 2 Bedroom/2 bath and a 2 Bedroom/1 baht in this portfolio. Currently a 100% occupied at an annual rent of $49,200. This is an opportunity to invest and improved to increase rental income for profit from remarketing.
Details
Maps
Contract Info
Status: Active
Effective Date: 2024-05-20
Delayed Marketing?: No
Delayed Marketing Date (DM): 2024-05-20
Sub-Type: Triplex
Listing Price: 785450
Current Price: $785,450
List Price/SqFt: 776.14
Sub Agent Comm $/%: %
Buyer Agent Comm: 2.5
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 620
Pre Direction: S
Street Name: 13th
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Subdivision: Other
Secondary Subdivision: N/A
Geo Lat: 34.228016
Geo Lon: -77.9321
Remarks and Showing
Directions to Property: Heading towards Downtown Wilmington, take Oleander Drive to Wooster Street. Take a right on S 13th St. 620 S 13th St will be on your left.
Sign on Property: Yes
Building Info
New Construction: No
Property Exterior/Interior Info
Lot Acres: 0.28
Lot SqFt: 12023
Lot Dimensions: Multiple Site
Waterfront: No
Waterview: No
Location Type: Mainland
# Bedrooms: 7
# Baths - Total: 5
SqFt - Heated (Primary): 1012
# Total Units: 3
Stories: 1
Owner Occupied: No
Property Mgmt Company: No
Financials Available: No
Legal and Taxes
Tax Assessed Value: 415250
Deed Book: 5123
Deed Page: 677
Legal: Ne PT 6 Wilmington Blk 84
See documents section
Broker Owner: No
PID: R05410-008-017-000
Tax Identifier: R05410-008-017-000
Total Real Estate Property Taxes: 2702
Special Assessments: None
Tax Year: 2023
Year Built: 1938
Zoning: R-5
HOA: No
Cobra Zone: No
Elementary School: Forest Hills
Middle School: Williston
High School: Hoggard
Electric
# Meters: 3
Current Service Providers
Trash Provider: City of Wilmington
Electric Provider: Duke Progress Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Side/Unit 1
Total Rooms: 5
# of Bedrooms: 3
Full Baths: 2
Avg SqFt: 1137
Furnished: No
Rent: 1600
Occupied: Yes
Side/Unit 2
Total Rooms: 4
# of Bedrooms: 2
Full Baths: 2
Avg SqFt: 1012
Furnished: No
Rent: 1500
Occupied: Yes
Side/Unit 3
Total Rooms: 4
# of Bedrooms: 2
Full Baths: 1
Avg SqFt: 882
Furnished: No
Rent: 1000
Occupied: Yes
Rental Income
Gross Rental Income: 49200
Year Gross Rental Income Collected: 49200
Operating Expense: 8477
Occupancy Rate: 100
Property Features
Handicap Accessible: None
Attic: Access Only
Basement: None
Construction: Wood Frame
Exterior Features: None
Exterior Finish: Vinyl Siding
Fencing: Back Yard
Foundation: Crawl Space
Fuel Tank: None
Green Bldg Features: None
Parking Features: Street Only; Other
Patio and Porch Features: Porch
Roof: Shingle
Stories/Levels: One
Road Type/Frontage: Public (City/Cty/St)
Cooling: Central; Heat Pump
Heating: Forced Air; Heat Pump
Heating System Fuel Source: Electric; Natural Gas
Water Heater: Electric
Utilities: Municipal Sewer; Municipal Water
Water Source: Water Connected
Sewer: Connected
Appliances/Equip: Refrigerator; Stove/Oven - Electric
Fireplace: None
Flooring: Tile; Wood; LVT/LVP
Interior Features: 1st Floor Master; Ceiling Fan(s)
Laundry Location: Hookup - Dryer; Hookup - Washer
Dining Room Type: Combination
Side/Unit 1 Cooling: Central
Side/Unit 1 Heating: Forced Air
Side/Unit 1 Appliance: Refrigerator; Stove/Oven - Electric
Side/Unit 1 Rent Frequency: Monthly
Side/Unit 1 Owner Pays: See Remarks; Insurance
Side/Unit 2 Cooling: Central
Side/Unit 2 Heating: Forced Air
Side/Unit 2 Appliance: Refrigerator; Stove/Oven - Electric
Side/Unit 2 Features: Living Room; W/D Hookup
Side/Unit 2 Rent Frequency: Monthly
Side/Unit 2 Owner Pays: Insurance
Side/Unit 3 Cooling: Central
Side/Unit 3 Heating: Forced Air
Side/Unit 3 Appliance: Refrigerator; Stove/Oven - Electric
Side/Unit 3 Features: Living Room; W/D Hookup
Side/Unit 3 Rent Frequency: Monthly
Side/Unit 3 Owner Pays: Insurance
Terms: Cash; Conventional
Lease Includes: Building; Land
Listing Office: Intracoastal Realty Corp
Last Updated: May - 20 - 2024
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