713 Chestnut St - Multi-Family FOR SALE


Wilmington, NC 28401
$639,000 USD
910-512-2205
713 Chestnut St, Wilmington, NC for Sale
$639,000 USD
Multi-Family - FOR SALE
1/46
null | 5.52% Cap Rate

713 Chestnut St
Wilmington, NC 28401


HIGHLIGHTS

  • Located in the Historic District

OVERVIEW

Home located in the Historic District. Currently the Property consists of 3 rental units and could be converted back to a single-family home. There are two(2) two bedroom/ one bath and one(1) one bedroom/one bath. Each unit has it own electric and gas meter. Total monthly rent is approximately $3750($45,000 Annual). Property is located close to downtown and the Soda Pop District. Great investment income property or a single family residence.

FOR SALE DETAILS

PRICE

$639,000 USD

PRICE/SF

$227 USD /SF

# OF UNITS

3

PRICE/UNIT

$213,000

CAP RATE

5.52%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

713 Chestnut Street

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1870

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

HD-R

APN/PARCEL ID

R04817-011-009-000

ASK ABOUT THIS PROPERTY

Jeff HovisIntracoastal Realty CorporationMore Info
910-512-2205

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Jeff HovisIntracoastal Realty CorporationMore Info
910-512-2205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.