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$1,200,000
$1,200,000
price
Real Estate Professional
C.

Description

Investors take note! Beautifully remodeled Quadraplex within a few blocks from the new Live Nation Riverfront Amphitheater in Wilmington. Great income potential as a short term rental machine (not restricted per CBD zoning) or a more hands off approach with long term residential rentals or offices. The blend of historic charm and modern amenities will contribute toward maximizing profits. Three units have just been updated with refinished hardwood flooring, granite countertops, new cabinets and vanities, stainless steel appliances. The building previously underwent full renovation and addition, all to commercial construction standards, including all separately metered utilities. Each of the four 2 bedroom 1 bath units feature oversized windows for lots of natural light, private rear entrances, spacious bedrooms, ample closet space, off street parking, and a laundry room. Tenants can enjoy the shaded porches on both sides as well as the private back yard. CBD zoning and rear lot space allow for potential to double the unit count and still keep off street parking. Buyer to confirm. Just out back is the 1898 memorial park, which makes a great neighbor. Additionally this location offers incredible walk-ability to some of Downtown Wilmington's best attractions including; Cape Fear Community College, PPD corporate headquarters, Live Oak Bank Pavilion, The Wilson Center, the Brooklyn arts district (a vibrant and growing area with restaurants, shopping, bars, and music), the Port City Marina, the Wilmington Downtown Riverfront, and much more. The history of this area is as fascinating as its' future is bright. Here is your chance to own a solid income generator in the heart of one of the most exciting continuous urban transformations in America.

Property Highlights

  • Property Type: Multi Family
  • MLS #: 100295763

General Information

Property Subtype Residential Income
Property Type Multi Family
Subdivision Not In Subdivision
Taxes $1,301

Room Information

Flooring Carpet, Wood

Property Features

Basement Crawl Space, None
Construction Materials Vinyl Siding
Cooling Central Air
Heating Heat Pump
Interior Square Footage 4,253
Lot Size Acres 0.2
Lot Size Dimension 48 X 194 x 43 x 186
Lot Size Square Feet 8,930
Roof Shingle
Sewer Public Sewer
Water Source Public
$1,200,000
$1,200,000
price
Real Estate Professional
C.
Location
307 Harnett Street, Wilmington, NC 28401 Driving Directions
Similar Listings
Wilmington
Nearby Schools
Listed by Kenneth Fisher, Re/max Essential.

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