621 N 11th Street, Wilmington NC, 28401

Active

621 N 11th Street

Wilmington NC, 28401

$4,499,800

Active

Commercial

Built in 1948

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.

100427097

MLSⓇ ID

February 12, 2024

Listed

November 11, 2024

Updated

Map

621 N 11th Street
Wilmington NC, 28401

Interior Features

Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Electric

Exterior/Building Features

Other Property Details

Taxes: $754
Tax Frequency: Annually
Days on Market: 245
Association Fee Frequency: Yearly
Garage: No
View: No
County: New Hanover
Pool: No
Zoning: R-3

Courtesy of Keller Williams Innovate-Wilmington with The Domenico Grillo Real Estate Team,
Listing Contact: 910-508-7387

The data relating to real estate on this website comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of 6:16 PM UTC, 11/11/2024. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor RE/MAX shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from the use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

Data last updated 6:16 PM UTC, 11/11/2024