808 S 9th Street,Wilmington, NC 28401
Wilmington, NC 28401
Description
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.
Details
| MLS # | 100579949 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 83 |
| Listing Provided By | RE/MAX Essential | Benjamin T Eisenberg |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 854 |
| Story(s) | 1 |
| Zoning | R-3 |
| Acreage | 0.05 |
| Property View | None |
Interior
| Interior Features | None, Ceiling Fan(s) |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air, Heat Pump |
| Fireplace Yes / No | No |
| Rooms Total | 6 |
Exterior
| Roof | Shingle |
|---|---|
| Foundation Details | Crawl Space |
| View | None |
| Construction Materials | Vinyl Siding, Wood Frame |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | On Street |
Utilities
| Utilities | Sewer Connected, Water Connected |
|---|
Taxes
| Tax Assessed Value | 104600 |
|---|---|
| Tax Book Number | 00 |
| Tax Legal Description | BLK 52 PT E END 3 |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Dawson Castle Street |
| School District | New Hanover |
| Elementary School | Forest Hills |
| High School | Hoggard |
| Listing VS Median (in Dawson Castle Street) | |
Price: $275,000 low | high Med: $342,400 sqft: 854 low | high Med: 1,199 $ / sqft: $322 low | high Med: $292 On site: 83 low | high Med: 80 | |
Market Activity 28401
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Learn More About This Property
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Dawson Castle Street |
| School District | New Hanover |
| Elementary School | Forest Hills |
| High School | Hoggard |
| Listing VS Median (in Dawson Castle Street) | |
Price: $275,000 low | high Med: $342,400 sqft: 854 low | high Med: 1,199 $ / sqft: $322 low | high Med: $292 On site: 83 low | high Med: 80 | |
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