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
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.
More Information MLS# 100209250
Contract Info
Sub-Type: Multi Family
Sale/Lease: Sale
Auction: No
List Price/SqFt: 2840.91
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2020-03-11
Listing Price: 2000000
Current Price: $1,800,000
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 701
Pre Direction: N
Street Name: 11th
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
Subdivision: Not In Subdivision
Geo Lat: 34.243806
Geo Lon: -77.935917
Remarks and Showing
Sign on Property: No
Directions to Property: See Addendum A for all addresses
Building Info
New Construction: No
Building/Ext Features
Lot Acres: 0.05
Lot SqFt: 2178
Lot Dimensions: 33x66
Location Type: Mainland
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
Plat Book: 0
Plat Page: 0
Special Assessments: none
Tax Year: 2019
Zoning: r-3
HOA: No
Cobra Zone: No
Year Built: 1986
Terms
1031 Exchange: 1
Cash: 1
Sale/Lease Includes
Buildings: 1
Land: 1
BuildingExt Features
SqFt - Heated (Primary): 704
Status Change Info
Under Contract Date: 2020-08-28
Sold Price: $1,800,000
Sold Date: 2020-12-31
Property Features
Terms: 1031 Exchange; Cash
Listing Office:
BlueCoast Realty Corporation
IDX
Last Updated: June - 03 - 2021
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