Property
Wilmington, NC 28403 370 S Kerr Avenue # Unit 105
$2,149,900
Pending
33 more
Presented By: Keller Williams Innovate-Wilmington
Home Details
Package of ten condos in a great community in PRIME location of Wilmington, North Carolina. Each unit has 3 beds/3 baths and is located less than a mile to the UNCW campus. Within a mile to plenty of shopping and less than 5 mins to the beach! Spacious bedrooms all with their own private bathrooms and walk-in closets. Ideal as investment properties. All properties currently below market value. How dues are 2400/year for each unit. Property taxes are close to 20k in total. Each property should be able to rent for 2100-2200. 4 units recently vacant and have been turned and ready for rent to be increased. NOI with pro forma is roughly 225k annually. Reach out for more information!370 S. Kerr Ave. Unit 105 Wilmington, NC 28403 ((tenant occupied until 4/2024) 370 S. Kerr Ave. Unit 106 Wilmington, NC 28403 370 S. Kerr Ave. unit 103 Wilmington, NC 28403 (no washer/dryer) 370 S. Kerr Ave. unit 104 Wilmington, NC 28403 (tenant occupied until 10/14/2023, $1,800) 370 S. Kerr Ave. unit 304 Wilmington, NC 28403 (tenant occupied until 11/11/2023, $1,745) 376 S. Kerr Ave. unit 302 Wilmington, NC 28403 (fresh paint for entire unit) 376 S. Kerr Ave. unit 304 Wilmington, NC 28403 (tenant occupied until 2/15/2024, $1,575) 376 S. Kerr Ave. unit 305 Wilmington, NC 28403 376 S. Kerr Ave. unit 101 Wilmington, NC 28403 (fresh paint for entire unit, no washer/dryer) 376 S. Kerr Ave. unit 102 Wilmington, NC 28403 We have a total of 10 units in this complex for sale. Possibly more in the future as a package!
Presented By: Keller Williams Innovate-Wilmington
Interior Features for 370 S Kerr Avenue # Unit 105
Other Interior Features
FlooringCarpet
List Price/SqFt179.16
General for 370 S Kerr Avenue # Unit 105
AuctionNo
CityWilmington
City LimitsYes
Cobra ZoneNo
CountyNew Hanover
Days on Market351
Geo Lat34.231367
Geo Lon-77.888318
Listing Member NameThe Domenico Grillo Real Estate Team
Location TypeMainland
Lot Sqft0.00
New ConstructionNo
Property TypeG
Sale/LeaseSale
Sale/Lease IncludesSee Remarks
Secondary SubdivisionN/A
Selling Member NameMegan E Lilly
Special Assessmentsnone
StatusPending
Stipulation of SaleNone
Street NameKerr
Sub-TypeComm Condominium
SubdivisionKerr Crossing
Tax Assessed Value0.00
Tax Year2022
Unit #Unit 105
Year Built2007
ZoningRES
Exterior for 370 S Kerr Avenue # Unit 105
Exterior FinishVinyl Siding
Lot Acres0.00
Lot Dimensions00
MLS Identifier20150918160742258811000000
Additional Details
Price History
Brian Inskip
North Carolina Coastal Real Estate Expert