Homes for sale - 1308 Corbett ST #A&B, Wilmington, NC 28401

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Dec

Fri

Dec

Sat

Dec

1st Class Real Estate Coastal Choice

support@1stclasscoastalchoice.com +1(910) 418-1560

$ 725,000

Est. payment | -/mo

8 Beds

4 Baths

3,096 SqFt

Save

$ 725,000

Est. payment | -/mo

Save

8 Beds

4 Baths

3,096 SqFt

Key Details

Property Type Other Types

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,096 sqft

Price per Sqft $234

Subdivision Love Grove

MLS Listing ID 100545578

Style Wood Frame

Bedrooms 8

HOA Y/N Yes

Year Built 2023

Lot Size 5,009 Sqft

Acres 0.12

Lot Dimensions irr

Property Sub-Type Duplex

Source Hive MLS

Property Description

Rare opportunity! This is 1 of 8 Duplexes in downtown Wilmington next to a new home development in Love Grove for sale. The 8 unit duplex package can be broken up or sold in smaller or one big package. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. Each tenant has been handpicked by the owner with long history and track records. Every lease is government backed and guaranteed though Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month is about 40k a month or 480k a year! This opportunity gives you the chance to own 8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with a even better return. Easy to manage, fully occupied and like new! Reach out for a private tour or for more information

Location

State NC

County New Hanover

Community Love Grove

Zoning R-3

Direction From Hwy 17 N to Wilmington. Take the exit toward Ilm Int'l Airport from US-74 E/Martin Luther King Jr Pkwy. Follow One Tree Hill Way and Love Grove Memorial Bridge to Creekfront Dr

Rooms

Basement None

Interior

Interior Features High Ceilings, Wash/Dry Connect, Kitchen Island, Ceiling Fan(s), Pantry, Walk-in Shower

Heating Electric, Heat Pump

Cooling Central Air

Flooring LVT/LVP

Appliance Electric Oven, Electric Cooktop, Built-In Microwave, Refrigerator, Disposal, Dishwasher

Exterior

Parking Features Concrete, Off Street, On Site, Paved

Utilities Available Sewer Connected

Amenities Available None

View See Remarks

Roof Type Architectural Shingle

Porch Patio, Porch

Building

Lot Description See Remarks

Entry Level Two

Foundation Slab

Water Public

New Construction No

Schools

Elementary Schools Snipes

Middle Schools Williston

High Schools New Hanover

Others

Tax ID R04806-002-005-000

Acceptable Financing Cash, Conventional, FHA, VA Loan, See Remarks

Listing Terms Cash, Conventional, FHA, VA Loan, See Remarks

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors

Listed by Keller Williams Innovate-Wilmington

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(910) 418-1560

support@1stclasscoastalchoice.com

1724 Gardner Dr, Wilmington, NC, 28405, USA

1308 Corbett ST #A&B Wilmington, NC 28401