7 unit fully occupied, government funded, direct deposit, apt complex in prime Downtown Wilmington! This cash cow brings in roughly over 150k per year, gross. Tenants pay the majority of all utilities. The asset has gone through some big renovations in past few months. Roof is 2016, all hvacs are brand new, 5 of 7 water heaters just replaced, new kitchen cabinets, appliances, bathrooms updated, showers refinished, interior and exterior doors replaced, new electrical outlets and light switches, new LVP flooring in 4 of 7 of the units, new windows in some of the units, exterior painted and updated and all the leases have about 8-10 months left. High security deposit that were collected and transfer to new owner. With proof of funds we will send over rent roll/P&L's. You're not going to want to miss this opportunity.
Details
MLS#
100437467
Listing Type
For Sale
Status
Pending
Year
1956
Days On Site
183
Listing Provided By
Keller Williams Innovate-Wilmington | The Domenico Grillo Real Estate Team
Features
N/A
5,990
Zoning
R-5
Acreage
0.25
Market Activity 28401
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2024
Sales: 3
Avg $ Per SqFt: $395.08
Min Sale Price: $1,200
Max Sale Price: $254,000
Med Sale Price: $1,300
Date: Aug 2024
Sales: 15
Avg $ Per SqFt: $276.84
Min Sale Price: $1,650
Max Sale Price: $790,000
Med Sale Price: $303,000
Date: Jul 2024
Sales: 11
Avg $ Per SqFt: $386.16
Min Sale Price: $1,650
Max Sale Price: $552,387
Med Sale Price: $381,000
Date: Jun 2024
Sales: 6
Avg $ Per SqFt: $181.19
Min Sale Price: $1,200
Max Sale Price: $359,000
Med Sale Price: $94,850
Date: May 2024
Sales: 15
Avg $ Per SqFt: $244.36
Min Sale Price: $2,375
Max Sale Price: $855,000
Med Sale Price: $329,000
Date: Apr 2024
Sales: 6
Avg $ Per SqFt: $346.99
Min Sale Price: $1,650
Max Sale Price: $794,900
Med Sale Price: $295,000
Date: Mar 2024
Sales: 11
Avg $ Per SqFt: $353.14
Min Sale Price: $87,900
Max Sale Price: $692,500
Med Sale Price: $310,000
Date: Feb 2024
Sales: 12
Avg $ Per SqFt: $269.99
Min Sale Price: $118,000
Max Sale Price: $815,000
Med Sale Price: $346,500
Date: Jan 2024
Sales: 8
Avg $ Per SqFt: $196.72
Min Sale Price: $2,000
Max Sale Price: $490,000
Med Sale Price: $415,000
Date: Dec 2023
Sales: 9
Avg $ Per SqFt: $188.88
Min Sale Price: $1,025
Max Sale Price: $422,500
Med Sale Price: $384,250
Date: Nov 2023
Sales: 10
Avg $ Per SqFt: $288.68
Min Sale Price: $2,000
Max Sale Price: $506,000
Med Sale Price: $317,495
Date: Oct 2023
Sales: 8
Avg $ Per SqFt: $239.32
Min Sale Price: $64,000
Max Sale Price: $1,100,000
Med Sale Price: $358,750
Sourced by Back At You
Sep 2024
Sales:
3
Avg $ Per SqFt:
$395.08
Min Sale Price:
$1,200
Max Sale Price:
$254,000
Med Sale Price:
$1,300
Aug 2024
Sales:
15
Avg $ Per SqFt:
$276.84
Min Sale Price:
$1,650
Max Sale Price:
$790,000
Med Sale Price:
$303,000
Jul 2024
Sales:
11
Avg $ Per SqFt:
$386.16
Min Sale Price:
$1,650
Max Sale Price:
$552,387
Med Sale Price:
$381,000
Jun 2024
Sales:
6
Avg $ Per SqFt:
$181.19
Min Sale Price:
$1,200
Max Sale Price:
$359,000
Med Sale Price:
$94,850
May 2024
Sales:
15
Avg $ Per SqFt:
$244.36
Min Sale Price:
$2,375
Max Sale Price:
$855,000
Med Sale Price:
$329,000
Apr 2024
Sales:
6
Avg $ Per SqFt:
$346.99
Min Sale Price:
$1,650
Max Sale Price:
$794,900
Med Sale Price:
$295,000
Mar 2024
Sales:
11
Avg $ Per SqFt:
$353.14
Min Sale Price:
$87,900
Max Sale Price:
$692,500
Med Sale Price:
$310,000
Feb 2024
Sales:
12
Avg $ Per SqFt:
$269.99
Min Sale Price:
$118,000
Max Sale Price:
$815,000
Med Sale Price:
$346,500
Jan 2024
Sales:
8
Avg $ Per SqFt:
$196.72
Min Sale Price:
$2,000
Max Sale Price:
$490,000
Med Sale Price:
$415,000
Dec 2023
Sales:
9
Avg $ Per SqFt:
$188.88
Min Sale Price:
$1,025
Max Sale Price:
$422,500
Med Sale Price:
$384,250
Nov 2023
Sales:
10
Avg $ Per SqFt:
$288.68
Min Sale Price:
$2,000
Max Sale Price:
$506,000
Med Sale Price:
$317,495
Oct 2023
Sales:
8
Avg $ Per SqFt:
$239.32
Min Sale Price:
$64,000
Max Sale Price:
$1,100,000
Med Sale Price:
$358,750
MLS Number: 100437467
The Domenico Grillo Real Estate Team – (910) 508-7387 – domenicogrillorealestate@gmail.com
Keller Williams Innovate-Wilmington – (910) 777-2200 – jodyw@kw.com
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MLS Number: 100437467
The Domenico Grillo Real Estate Team – (910) 508-7387 – domenicogrillorealestate@gmail.com
Keller Williams Innovate-Wilmington – (910) 777-2200 – jodyw@kw.com
