701 N 11th Street, Wilmington, NC 28401 (MLS# 100209250)

701 N 11th Street, Wilmington, NC 28401

$1,800,000

Property Type: Comm Sale or Lease Square Footage: 704 Lot Size (sq. ft.): 2,178 Status: Closed

Current Price: $1,800,000 List Date: 3/14/2020 Last Modified: 6/03/2021

Overview

Description

Opportunity to own a professionally managed 20 unit portfolio including 3 duplexes, 13 single family, and one townhome. Current owner has done many updates to these homes. A variety of homes ranging from thriving down town WIlmington to 'mid-town', with one in Burgaw, one in Wallace and one in WIllard. See attached Addendum A for property addresses.

Listing Details MLS# 100209250

Contract Info

Marketing Start Date: 2020-03-11
Sub-Type: Multi Family
Sale/Lease: Sale
Auction: No
Listing Price: 2000000
List Price/SqFt: 2840.91
Stipulation of Sale: Standard

Location Information

Street #: 701
Pre Direction: N
Street Name: 11th
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: See Addendum A for all addresses
Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 704

Legal and Taxes

Tax Assessed Value: 39900
Deed Book: 2133
Deed Page: 813
Legal: PT LT 5 BLK 271 WILM
Broker Owner: No
PID: R04814007017000
Tax Identifier: R04814-007-017-000
Special Assessments: none
Tax Year: 2019
Year Built: 1986
Zoning: r-3
HOA: No
Cobra Zone: No

More Information

Status Change Info

Under Contract Date: 2020-08-28
Sold Date: 2020-12-31

Property Features

Terms: 1031 Exchange; Cash

IDX

Listing Office: BlueCoast Realty Corporation

Last Updated: June - 03 - 2021

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