808 S 9th ST, Wilmington, NC 28401
808 S 9th ST, Wilmington, NC 28401
808 S 9th ST, Wilmington, NC 28401
808 S 9th ST, Wilmington, NC 28401
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Stephen L. Skakandy

Stephen L. Skakandy

+1(910) 920-7434
$ 275,000
Est. payment | /mo

4 Beds

1 Bath

854 SqFt

Save
$ 275,000
Est. payment | /mo
Save

4 Beds

1 Bath

854 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 854 sqft

Price per Sqft $322

Subdivision Dawson-Castle Street

MLS Listing ID 100579949

Style Wood Frame,Stick Built

Bedrooms 4

Full Baths 1

HOA Y/N No

Year Built 1925

Lot Size 2,134 Sqft

Acres 0.05

Lot Dimensions 37 x 103

Property Sub-Type Single Family Residence

Source Hive MLS

Property Description

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.

Location

State NC

County New Hanover

Community Dawson-Castle Street

Zoning R-3

Direction Turn right onto US-17 BUS S/Market St, left after Domino's Pizza (on the left) Turn right onto Wooster St Turn left onto S 9th St

Location Details Mainland

Rooms

Primary Bedroom Level Primary Living Area

Interior

Interior Features None, Ceiling Fan(s)

Heating Heat Pump, Electric, Forced Air

Cooling Central Air, Heat Pump

Flooring Laminate, Wood

Appliance Electric Oven

Exterior

Parking Features On Street

Utilities Available Sewer Connected, Water Connected

Amenities Available None

View See Remarks

Roof Type Shingle

Porch Covered, Porch

Garage No

Building

Entry Level One

Foundation Crawl Space

Water Public

Level or Stories 1

New Construction No

Schools

Elementary Schools Forest Hills

Middle Schools Williston

High Schools Hoggard

Others

Tax ID R05410-020-010-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by RE/MAX Essential

Schools and Properties Nearby

Stephen L. Skakandy

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(910) 920-7434

stephen@skakandygroup.com

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808 S 9th ST