Thank you
Traci
REIT Place, llc
919-926-9776
Explore a unique investment opportunity in historic Wilmington mid-19th century properties. Nestled in the prime downtown district of one of the city's top 10 high-appreciating neighborhoods, these iconic buildings offer a blend of vintage charm and modern potential. This multifamily building is part of portfolio consisting of Mixed use Multifamily building as well listed separately promises a lucrative venture in a thriving location, combining history with strategic commercial opportunities. -Located in well-established neighborhoods within Downtown Wilmington - Close proximity to the lively Cape Fear River, attracting a steady flow of tourists -Convenient access to major business corridors, including Hwy 17 and Hwy 74 - Situated in the Historic Districts, offering a unique and historically rich investment opportunity -Corner lot property provides an opportunity for land redevelopment for alternative uses. 1-Unit in each Property is left vacant for Owner Occupancy or for potential Airbnb/Rentals. - Two properties in the portfolio comprising a total of 8 residential units and 2 commercial unit(combined into 1) PROPERTIES ARE SOLD TOGETHER see 317 Castle St listing for other property
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Total Baths: 5
Full Baths: 5
Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, Laminate Counters, Living/Dining Room Combination
Roof : Shingle
Appliances : Dryer, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Washer/Dryer, Washer/Dryer Stacked
Laundry Features: In Kitchen
Shingle
Hardwood, Laminate
Heating: Electric, Forced Air, Separate Meters
Cooling: Ceiling Fan(s), Central Air, Electric
WaterSource: Public
Year Built: 1965
Construction: Vinyl Siding
None
Foundation Details: Brick/Mortar
Porch: Deck
None
Asphalt
City Street
None
Lot Dimensions: see ta x records
Lot Description: City Lot
Lot Size Area: 16117.2
Lot Size Units: Square Feet
Lot Square Feet: 16,117
Lot Acres: 0.37
Stories: 2
Main Square Feet: 16117.2
Property Type: Residential Income
Sub Type: Apartment
Style: A-Frame
Structure Type: Multi Family
SQ ft (Living Area): 4,406
Subdivision: Not in a Subdivision
Parcel Number: R04820005005000
Annual Tax: $4773
On Street, Unassigned
Included Amenities: None
Elementary School: New Hanover County Schools
Junior High School: New Hanover County Schools
Senior High School: New Hanover County Schools
Cable Available, Electricity Connected
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
524 S 4th St Street, Wilmington, NC,28401 | $849,000 | 3 | 3 | 2,618 | 2613.6 Sqft |
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ByOwner last updated this listing 05/02/2024 @ 09:23
MLS: 10008535
LISTED BY: Traci, REIT Place, llc
SOURCE: Triangle MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.