620 Castle Street, Wilmington, NC 28401

$205,000
5,100
SqFt
List Price
$205,000
Status
PENDING
MLS#
100199108
Price Change
▼ $22,900 1579827840
Days on Market
23
Year Built
1900
Half-baths
1
Living Area
5,100
Acres
0.06
Neighborhood
Not In Subdivision

Property Description

This is being sold with the house next door on 606 S. 7th st, the two pieces of property are being offered for a total of $230,000This is a great opportunity to purchase a commercial building that needs a lot of work on Castle Street. Possible use of the Opportunity Zone Program or even a 203K loan to rehab the properties. The Duplex adjacent to this property located on 606 7th street is available as one contiguous piece of property (.11 Acres total) that could be purchased together and rehabbed to create an amazing commercial space to enhance this popular area so close to all of the wonderful attributes that Wilmington has to offer.The buildings are in poor condition and will require someone with the skills and imagination to turn this corner into a gem that will be appreciated. Appointment to tour is required. There is a substantial amount of junk that needs to be removed. This is a property for the people that have the skills and the vision to pull off a successful rehab or rebuild project.

Additional Information

Cooling
None
Heating
None
Water Heater
None
Floors
Wood
Roof
See Remarks
Exterior Finish
Brick, Vinyl Siding
Sewer
Municipal Sewer, Municipal Water, Natural Gas Available

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty.

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