$695,000

Quadruplex In Wilmington

  • 6 Beds
  • 4 Baths
  • 3,301 Sqft
  • 5,228 Sqft lot
  • Updated: April 7
  • Source:
    Hive MLS (North Carolina Regional)  MLS#100563459

About the Property

This four-unit income-producing property is ideally located in the Historic Mixed-Use District of downtown Wilmington, just blocks from the Riverwalk and within close proximity to shopping, dining, entertainment, and local businesses.

The fully leased building features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, providing steady rental income. With s
This four-unit income-producing property is ideally located in the Historic Mixed-Use District of downtown Wilmington, just blocks from the Riverwalk and within close proximity to shopping, dining, entertainment, and local businesses.

The fully leased building features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, providing steady rental income. With strong occupancy already in place, this property presents an excellent investment opportunity.

There is significant upside potential for increased returns through strategic upgrades and improvements, making it an ideal option for investors looking to add value in a prime downtown location.
  • Property type

    Other

  • Floors

    2

  • Year built

    1920

  • Price/sqft

    $210

Features

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407 Red Cross Street, Wilmington, North Carolina, United States View on Google Maps
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Intracoastal Realty Corporation - Wilmington

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Intracoastal Realty Corporation - Wilmington
North Carolina, United States
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Intracoastal Realty Corporation - Wilmington
Wilmington, North Carolina, United States
View agency profile
Last updated
April 7
First listed
Apr 7
Listing reference
100563459
Listing status
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