Property

Wilmington, NC 28401 621 N 11th Street

$4,499,800

Pending
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Presented By: Keller Williams Innovate-Wilmington
  • Cape Fear REALTORS
  • MLS# 100427097
  • 02/12/2024
  • Request Tour
  • Request Info

Home Details

20 door portfolio consisting 14, 3 bedrooms. and 6, 2 bedrooms. Currently has a rental income amount of $332,928. All rents are currently below market value by a large amount. Fair market value with approved government funded numbers ready for rent increases puts the pro forma at a rental income amount of $482,400. All utilities are in the tenants name. Reach out and we can provide you with rent roll, and approved s8 government funded worksheet.
Presented By: Keller Williams Innovate-Wilmington

General for 621 N 11th Street

CityWilmington
City LimitsYes
Cobra ZoneNo
CountyNew Hanover
Days on Market290
Geo Lat34.243496
Geo Lon-77.935928
Listing Member NameThe Domenico Grillo Real Estate Team
Location TypeMainland
Lot Sqft0.00
New ConstructionNo
PossessionSubject To Tenant Rights
Property TypeG
Sale/LeaseSale
Sale/Lease IncludesSee Remarks
Secondary SubdivisionN/A
Selling Member NameThe Domenico Grillo Real Estate Team
Special AssessmentsNone
StatusPending
Stipulation of SaleNone
Street Name11th
SubdivisionNot In Subdivision
Tax Assessed Value89200.00
Tax Year2023
Terms1031 Exchange, Conventional, Cash
Year Built1948
ZoningR-3
current useMulti-Family

Exterior for 621 N 11th Street

Lot Acres0.00
Lot Dimensionsirregular
Lot Water FeatureNone
MLS Identifier20150918160742258811000000
SqFt - Total Available0.00

Additional Details

Price History

Brian Inskip

North Carolina Coastal Real Estate Expert
Price $4,499,800
MLS#100427097
List Date 02/12/2024
Property Type Pending
Phone 910.622.4576
Request Tour
Request Info
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