$179.16 Per Sq Foot $11,215 est/mo Sourced by Back At You

370 S Kerr Avenue Unit 105,Wilmington, NC 28403

Wilmington NC, 28403

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Description

Package of ten condos in a great community in PRIME location of Wilmington, North Carolina. Each unit has 3 beds/3 baths and is located less than a mile to the UNCW campus. Within a mile to plenty of shopping and less than 5 mins to the beach! Spacious bedrooms all with their own private bathrooms and walk-in closets. Ideal as investment properties. All properties currently below market value. How dues are 2400/year for each unit. Property taxes are close to 20k in total. Each property should be able to rent for 2100-2200. 4 units recently vacant and have been turned and ready for rent to be increased. NOI with pro forma is roughly 225k annually. Reach out for more information! 370 S. Kerr Ave. Unit 105 Wilmington, NC 28403 ((tenant occupied until 4/2024) 370 S. Kerr Ave. Unit 106 Wilmington, NC 28403 370 S. Kerr Ave. unit 103 Wilmington, NC 28403 (no washer/dryer) 370 S. Kerr Ave. unit 104 Wilmington, NC 28403 (tenant occupied until 10/14/2023, $1,800) 370 S. Kerr Ave. unit 304 Wilmington, NC 28403 (tenant occupied until 11/11/2023, $1,745) 376 S. Kerr Ave. unit 302 Wilmington, NC 28403 (fresh paint for entire unit) 376 S. Kerr Ave. unit 304 Wilmington, NC 28403 (tenant occupied until 2/15/2024, $1,575) 376 S. Kerr Ave. unit 305 Wilmington, NC 28403 376 S. Kerr Ave. unit 101 Wilmington, NC 28403 (fresh paint for entire unit, no washer/dryer) 376 S. Kerr Ave. unit 102 Wilmington, NC 28403 We have a total of 10 units in this complex for sale. Possibly more in the future as a package!

Details

MLS#100411313
Listing TypeFor Sale
StyleTown House
HOA Dues$2,400
StatusActive
Year2007
Days On Site216
Listing Provided ByKeller Williams Innovate-Wilmington | The Domenico Grillo Real Estate Team

Features

N/A12,000
ZoningRES

Market Activity 28403

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Listings Checked: 10 minutes ago
StateNC
CountyNew Hanover
CityWilmington
Zip Code28403
AreaNew Hanover
Community NameKerr Crossing
Listing VS Median (in Kerr Crossing)
Price:
$2,149,900
low | high
Med:
$214,990
100% of Average
SqFt:
12,000
low | high
Med:
1,200
100% of Average
$ / SqFt:
$179
low | high
Med:
$179
50% of Average
On Site:
216
low | high
Med:
215.000000
100% of Average
Sourced by Back At You
Listing Updated: May 24, 2024 at 7:57:04 PM PDT