719 Princess ST, Wilmington, NC 28401
719 Princess ST, Wilmington, NC 28401
719 Princess ST, Wilmington, NC 28401
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$1,299,000
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4,848 SqFt
Price Dropped by $25K

719 Princess ST Wilmington, NC 28401

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Sabrina Allen

Sabrina Allen

+1(706) 832-1828

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,848 sqft

Price per Sqft $267

Subdivision Not In Subdivision

MLS Listing ID 100543390

HOA Y/N No

Year Built 1900

Lot Size 3,441 Sqft

Acres 0.08

Lot Dimensions 45 x 56 x 45 x 56

Property Sub-Type Multi Family

Source Hive MLS

Property Description

8-unit mixed-use property located near Wilmington's Historic District, Downtown, and the Soda Pop District. Built in 1900 with extensive renovations completed 2021-2022. Updates include full interior improvements with each residential unit uniquely finished. Property is in the UMX zoning district. Configuration includes 1 retail space, 4 one-bedroom units, 2 studio units, and 1 two-bedroom unit. Annual rental income approx. $124,000. Strong rental history and turnkey investment opportunity in a high-demand urban location.

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning UMX

Direction Take Market Street east out of downtown. Turn left on Tenth Street, turn left on Princess. Property is on the corner of Princess and N 8th Street. Street parking only.

Rooms

Basement None

Interior

Heating Electric, Forced Air, Natural Gas

Cooling Central Air, Wall/Window Unit(s)

Flooring LVT/LVP, Carpet, Tile, Wood

Exterior

Parking Features On Street

Utilities Available Natural Gas Connected, Electricity Connected

Amenities Available None

Roof Type Shingle

Present Use Retail,Multi-Family,Rental and Retail

Garage No

Building

Lot Description Corner Lot

Dwelling Type Wood Frame

Foundation Crawl Space

Water Public

Structure Type Wood Siding,Wood Frame

New Construction No

Others

Tax ID R04817-022-009-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Jeffrey G Hovis • Intracoastal Realty Corporation
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719 Princess ST