620 S 13th ST, Wilmington, NC 28401
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620 S 13th ST Wilmington, NC 28401

2 Beds

1 Bath

916 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 916 sqft

Price per Sqft $300

Subdivision Dawson-Castle Street

MLS Listing ID 100579951

Style Wood Frame,Stick Built

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1938

Lot Size 3,267 Sqft

Acres 0.07

Lot Dimensions 33 x 99

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-5

Direction US-17 BUS S/Market St, Continue on S 16th St. Drive to S 13th St

Location Details Mainland

Rooms

Basement None

Primary Bedroom Level Primary Living Area

Interior

Interior Features Master Downstairs, Ceiling Fan(s)

Heating Heat Pump, Electric, Forced Air

Cooling Central Air, Heat Pump

Flooring LVT/LVP, Tile, Wood

Appliance Electric Oven, Refrigerator

Laundry Dryer Hookup, Washer Hookup

Exterior

Parking Features On Street, Other

Utilities Available Sewer Connected, Water Available

View See Remarks

Roof Type Shingle

Accessibility None

Porch 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 R05410-008-017-000

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
Jennifer Davis

Jennifer Davis

Broker/Owner (FL & GA)

+1(904) 349-5840

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620 S 13th ST