Wilmington, NC 28401 621 N 11th Street

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Presented By: The Domenico Grillo Real Estate Team with Keller Williams Innovate-Wilmington - (910) 508-7387
  • MLS# 100427097
  • 02/12/2024
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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: The Domenico Grillo Real Estate Team with Keller Williams Innovate-Wilmington - (910) 508-7387

General for 621 N 11th Street

CityWilmington
City LimitsYes
Cobra ZoneNo
CountyNew Hanover
Days on Market95
Geo Lat34.243496
Geo Lon-77.935928
Location TypeMainland
Lot Sqft0.00
New ConstructionNo
PossessionSubject To Tenant Rights
Property TypeG
Sale/LeaseSale
Sale/Lease IncludesSee Remarks
Secondary SubdivisionN/A
Special AssessmentsNone
StatusActive
Stipulation of SaleNone
Street Name11th
SubdivisionNot In Subdivision
Tax Assessed Value89200.00
Tax Year2023
Terms1031 Exchange, Cash, Conventional
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

Jaclyn Jones

Price $4,499,800
MLS#100427097
List Date 02/12/2024
Property Type Commercial
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