• 2617 Market Street Wilmington, NC 28401

  • $799,000
  • 5
    Bed(s)
  • 5
    Baths
  • 4,406
    Sq Ft
  • 16117.2
    Sqft

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

Property Type :

Residential Income

Subdivision :

Not In A Subdivision

County :

New Hanover

Style :

Residential Income

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Property Details

 

Bathroom Information

Total Baths: 5

Full Baths: 5

Interior Features

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

Roofing Information

Shingle

Flooring Information

Hardwood, Laminate

Heating & Cooling

Heating: Electric, Forced Air, Separate Meters

Cooling: Ceiling Fan(s), Central Air, Electric

WaterSource: Public

Building Information

Year Built: 1965

Construction: Vinyl Siding

Exterior Features

None

Foundation Details: Brick/Mortar

Porch: Deck

Pool Information

None

Road Type

Asphalt

City Street

Fencing

None

Lot Information

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 Information

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

Tax Information

Parcel Number: R04820005005000

Annual Tax: $4773

Parking Information

On Street, Unassigned

Homeowners Association Information

Included Amenities: None

School Information

Elementary School: New Hanover County Schools

Junior High School: New Hanover County Schools

Senior High School: New Hanover County Schools

Utility Information

Cable Available, Electricity Connected

Nearby Home Value

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

Copyright © 2022 by the Multiple Listing Service of the Triangle MLS, Inc. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Triangle MLS, Inc. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

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.

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