$2,800,000
( $2150.54Per Sq Foot )
 $15,898 est/mo Sourced by Back At You

MLS Number: 100512238

Share:

Description

Turnkey 9-unit residential portfolio offered with roughly two additional contiguous acres of adjacent land in a prime infill location - total acreage of site is 4.36 ac. Fully leased and well-maintained, this stabilized income-producing asset presents both immediate cash flow and long-term upside. The property features a mix of unit types, some with garages, and sits within a strong rental submarket. The additional acreage offers excellent development potential for expansion, subdivision, or future redevelopment. A rare opportunity to acquire both rental income and infill land in a single package. Seller's are listing brokers and licensed NC Real Estate Brokers.

Details

MLS #100512238
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2002
Days On Site13
Listing Provided ByCadence Realty Corporation | Jarrod Covington

Features

SQ Feet1,302
ZoningR-15
Acreage4.36

Market Activity 28409

Request a showing

Request a showing

Loading Form
Copyright 2025 NCRMLS. All rights reserved. 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 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.

Contact

Learn More About This Property

StateNC
CountyNew Hanover
CityWilmington
Zip Code28409
AreaNew Hanover
Community NameNot In Subdivision
Listing VS Median (in Not In Subdivision)
Price:
$2,800,000
low | high
Med:
$650,000
100% of Average
SqFt:
1,302
low | high
Med:
2,219
20.430107526882% of Average
$ / SqFt:
$2,151
low | high
Med:
$293
100% of Average
On site:
13
low | high
Med:
85.000000
15.294117647059% of Average
Sourced by Back At You
Listing Updated: June 12, 2025 at 1:13:54 PM PDT