4923 Maple Avenue, Wilmington, NC 28403
$1,285,000
Property Type:
Multi-Family
Square Footage:
11,885
Lot Size (sq. ft.):
62,291
Status:
Closed
Current Price:
$1,285,000
List Date:
10/04/2014
Last Modified:
8/01/2019
Description
This is a very unique multifamily opportunity in Wilmington. The yearly rent roll totals $144,000 per year. The sale consists of 4 properties with two units on each property for a total of 8 units. There is very low vacancy on these units over the past six years due to the highly desirable location and demand from students. These properties have a built in demand from students that is exclusive to these particular units due in large part to tradition. Therefore, many of the leases simply transfer at the end of each yearly term to another tenant. These properties are professionally managed by Century 21 Sweyer Rentals.
More Information MLS# 30512484
Building/Ext Features
ud_i_08: 0
Contract Info
Auction: No
List Price/SqFt: 119.48
Status: Closed
Marketing Start Date: 2014-10-04
Listing Price: 1420000
Current Price: $1,285,000
Location Information
Marketing City: Wilmington
Street #: 4923
Street Name: Maple
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28403
Subdivision: Perry place
Geo Lat: 34.215137
Geo Lon: -77.879265
Remarks and Showing
Sign on Property: No
Directions to Property: Heading North on S. College Road. Right on Wrightsville. Left on MacMillan. Properties are located on the right between Brickle and OId Meares.
Building Info
New Construction: No
Presale: No
Property Exterior/Interior Info
Lot Acres: 1.43
Lot SqFt: 62291
Location Type: Mainland
Stories: 2
Legal and Taxes
Deed Book: 5565
Deed Page: 2059
Legal: LOT 1R PERRY PLACE
PID: R05519005002000
Tax Identifier: 3137-81-8220.000
Special Assessments: None
Zoning: R-10
School District: New Hanover
Elementary School: Winter Park
Middle School: Williston
High School: New Hanover
Year Built: 1996
Garage & Parking
Other - See Remarks: 32 Site
Parking Features
On Site: 1
Basement
None: 1
Construction
Wood Frame: 1
Current Service Providers
Electric Provider: Duke Energy
Sewer Provider: City/Town
Water Provider: City/Town
Exterior Finish
Vinyl Siding: 1
Terms
Cash: 1
Conventional: 1
Foundation
Crawl Space: 1
Roof
Shingle: 1
Road Type/Frontage
Paved: 1
Public (City/Cty/St): 1
Cooling
Central Air: 1
Heating
Forced Air: 1
Utilities
Sewer Available: 1
Water Available: 1
Water Source
Municipal Water: 1
Sewer
Municipal Sewer: 1
Side/Unit 1
Occupied: Yes
Side/Unit 2
Occupied: Yes
Side/Unit 3
Occupied: Yes
Side/Unit 4
Occupied: Yes
Property ExteriorInterior Info
SqFt - Heated (Primary): 11885
Status Change Info
Under Contract Date: 2014-11-11
Sold Price: $1,285,000
Sold Date: 2015-03-02
Property Features
Basement: None
Construction: Wood Frame
Exterior Finish: Vinyl Siding
Foundation: Crawl Space
Parking Features: On Site
Roof: Shingle
Cooling: Central Air
Heating: Forced Air
Utilities: Sewer Available; Water Available
Water Source: Municipal Water
Sewer: Municipal Sewer
Terms: Cash; Conventional
Listing Office:
Berkshire Hathaway HomeServices Carolina Premier Properties
IDX
Last Updated: August - 01 - 2019
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