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2617 Market Street

Wilmington, NC 28401
  • $799,000
  • STATUS: Active
  • ON SITE: 113 Days
  • ID#: 10008535
$799,000
  • 5
    BEDS
  • 0.37
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,406
    SQFT
  • $181
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:
Area:

School Information

Triangle MLS logoListing courtesy of REIT Place, llc: .
© 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.

Description

Explore a unique investment opportunity in historic Wilmington mid-19th century properties. Nestled in the prime downtown district of one of the city's top 10 high-appreciating neighborhoods, these iconic buildings offer a blend of vintage charm and modern potential. This multifamily building is part of portfolio consisting of Mixed use Multifamily building as well listed separately promises a lucrative venture in a thriving location, combining history with strategic commercial opportunities. -Located in well-established neighborhoods within Downtown Wilmington - Close proximity to the lively Cape Fear River, attracting a steady flow of tourists -Convenient access to major business corridors, including Hwy 17 and Hwy 74 - Situated in the Historic Districts, offering a unique and historically rich investment opportunity -Corner lot property provides an opportunity for land redevelopment for alternative uses. 1-Unit in each Property is left vacant for Owner Occupancy or for potential Airbnb/Rentals. - Two properties in the portfolio comprising a total of 8 residential units and 2 commercial unit(combined into 1) PROPERTIES ARE SOLD TOGETHER see 317 Castle St listing for other property

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Triangle MLS logo©2024 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2024-05-20T23:51:29.107.
www.rachelkendallrealestate.com/homes/147014001
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2617 Market Street Wilmington, NC 28401

  • Price: $799,000
  • Status: Active
  • On Site: 113 Days
  • ID#: 10008535
5
Beds
5
Baths
0
½ Baths
0.37
Acres
4,406
SQFT
$181
$/SQFT
1965
Built
Neighborhood:
Not In A Subdivision
County:
New Hanover
Area:
Wilmington
Elementary School:
New Hanover County Schools
Middle School:
New Hanover County Schools
High School:
New Hanover County Schools
Property Description
Explore a unique investment opportunity in historic Wilmington mid-19th century properties. Nestled in the prime downtown district of one of the city's top 10 high-appreciating neighborhoods, these iconic buildings offer a blend of vintage charm and modern potential. This multifamily building is part of portfolio consisting of Mixed use Multifamily building as well listed separately promises a lucrative venture in a thriving location, combining history with strategic commercial opportunities. -Located in well-established neighborhoods within Downtown Wilmington - Close proximity to the lively Cape Fear River, attracting a steady flow of tourists -Convenient access to major business corridors, including Hwy 17 and Hwy 74 - Situated in the Historic Districts, offering a unique and historically rich investment opportunity -Corner lot property provides an opportunity for land redevelopment for alternative uses. 1-Unit in each Property is left vacant for Owner Occupancy or for potential Airbnb/Rentals. - Two properties in the portfolio comprising a total of 8 residential units and 2 commercial unit(combined into 1) PROPERTIES ARE SOLD TOGETHER see 317 Castle St listing for other property
Exterior Features

Architectural Style A-Frame Attached Garage YN No Carport YN No Construction Materials Vinyl Siding Exterior Features None Fencing None Foundation Details Brick/Mortar Garage YN No Levels Two Lot Features City Lot Open Parking YN Yes Parking Features On StreetUnassigned Patio And Porch Features Deck Pool Features None Pool Private YN No Road Frontage Type City Street Road Surface Type Asphalt Roof Shingle Spa Features None Spa YN No

Interior Features

Above Grade Finished Area 4406 Appliances DryerElectric RangeElectric Water HeaterExhaust FanMicrowaveRangeRefrigeratorWasherWasher/DryerWasher/Dryer Stacked Below Grade Finished Area 0 Cooling Ceiling Fan(s)Central AirElectric Cooling YN Yes Fireplace Features Decorative Fireplace YN Yes Fireplaces Total 2 Flooring HardwoodLaminate Heating ElectricForced AirSeparate Meters Heating YN Yes Interior Features Apartment/SuiteBathtub/Shower CombinationCeiling Fan(s)Granite CountersLaminate CountersLiving/Dining Room Combination Laundry Features In Kitchen

Property Features

Accessibility Features Accessible BedroomAccessible ClosetsAccessible Common AreaAccessible DoorsAccessible Full BathAccessible KitchenCentral Living Area Association YN No Lease Term 12 Months New Construction YN No Other Structures None Property Sub Type Apartment Sale Rent For Sale Senior Community YN No Sewer Public Sewer Special Listing Conditions Seller Licensed Real Estate Professional Structure Type Multi Family Tax Annual Amount 4773 Utilities Cable AvailableElectricity Connected Water Source Public Zoning R 10



Triangle MLS logo©2024 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2024-05-20T23:51:29.107.
 
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Rachel Kendall Team, LLC
5316 Six Forks Rd. Suite 200
Raleigh NC, 27609
Triangle MLS logoListing courtesy of REIT Place, llc: .
© 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.