Wilmington, NC 28401 619 S 11th Street
$295,000
Presented By: Benjamin T Eisenberg with RE/MAX Essential.
Beds • 3
Baths • 2
SQFT • 1,154
Home Details
Part of 5-property income portfolio in downtown Wilmington -- offered as a single transaction. or as a stand alone. All homes leased and currently producing $96,000 in annual gross rent. Seller has completed significant system upgrades across the portfolio in recent years: new roofs (4 of 5), new HVAC, new windows, new flooring. Concentrated in Wilmington's most active rental corridor -- walking distance to the Cargo District, Castle Street, and the Riverfront. Combined ~5,000 sq ft / 14 BR / 9 BA across five separate parcels. Est. cap rate ~6.9% at asking on current rents. Sold as-is.
Presented By: Benjamin T Eisenberg with RE/MAX Essential.
Interior Features for 619 S 11th Street
Bedrooms
Master Bed LevelPrimary Living Area
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
SmokingYNNo
Air Conditioning Y/NYes
Attic FeaturesAccess Only
BasementNone
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesMaster Downstairs, Ceiling Fan(s)
Living Area Range1000 - 1199
Total Stories1
Unit Type3 Bedroom
Other Rooms
Entry Level1
Room TypeLiving Room, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Dining Area
General for 619 S 11th Street
Attached Garage No
Carport Spaces0.0
Carport Y/NNo
CityWilmington
Construction MaterialsVinyl Siding, Wood Frame
CoolingCentral Air, Heat Pump
CountyNew Hanover
DirectionsUS-17 BUS S/Market St
Follow S 16th St and Castle St to S 11th St.
Elementary SchoolForest Hills
Full Baths2
Garage Y/NNo
HOANo
HeatingHeat Pump, Electric, Forced Air
High SchoolHoggard
High School DistrictNew Hanover
Home Warranty Y/NNo
In City Limits? (Y/N)Yes
IslandOrMainlandMainland
Land Lease Y/NNo
Lease Considered Y/NNo
Legal DescriptionNw 1/4 5 Wilmington Blk 83
LevelsOne
Living Area1154.0
Living Area UnitsSquare Feet
Lot Size Square Feet5227.0
Lot Size UnitsAcres
Middle/Junior High SchoolWilliston
New ConstructionNo
Operating Expense0.0
Parcel NumberR05410-007-004-000
Patio/Porch FeaturesCovered, Deck, Porch
PossessionSubject To Tenant Rights
Property Attached Y/NNo
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
Standard StatusActive
StatusActive
Structure TypeWood Frame, Stick Built
Subdivision NameNot In Subdivision
Total Rooms6
UtilitiesSewer Available, Water Available
ViewSee Remarks
Year Built1938
ZoningR-5
Exterior for 619 S 11th Street
Building Area Total1154.0
Crops Included Y/NNo
Exterior FinishVinyl Siding
FencingChain Link, Back Yard
Foundation DetailsCrawl Space
Frontage TypeSee Remarks
Horse Y/NYes
Lot Dimensions33x165
Lot Size Acres0.12
Lot Size Area0.12
Parking FeaturesShared Driveway, On Street, Concrete, Off Street
Road Frontage TypeCity Street, State Road, Paved
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Forest Hills Elementary School
Middle School
Williston Middle School
High School
Hoggard High School
Ammie Archer
Broker