307 Harnett Street, Wilmington, NC 28401

$1,300,000
4,253
SqFt
List Price
$1,300,000
Status
ACTIVE
MLS#
100295763
Price Change
▼ $250,000 1636148789
Days on Market
50
Year Built
1920
Half-baths
4
Living Area
4,253
Acres
0.2
Neighborhood
Not In Subdivision

Property Description

Investors take note! Beautifully remodeled Quadraplex within a few blocks from the new Live Nation Riverfront Amphitheater in Wilmington. Great income potential as a short term rental machine (not restricted per CBD zoning) or a more hands off approach with long term residential rentals or offices. The blend of historic charm and modern amenities will contribute toward maximizing profits. Three units have just been updated with refinished hardwood flooring, granite countertops, new cabinets and vanities, stainless steel appliances. The building previously underwent full renovation and addition, all to commercial construction standards, including all separately metered utilities. Each of the four 2 bedroom 1 bath units feature oversized windows for lots of natural light, private rear entrances, spacious bedrooms, ample closet space, off street parking, and a laundry room. Tenants can enjoy the shaded porches on both sides as well as the private back yard. CBD zoning and rear lot space allow for potential to double the unit count and still keep off street parking. Buyer to confirm. Just out back is the 1898 memorial park, which makes a great neighbor. Additionally this location offers incredible walk-ability to some of Downtown Wilmington's best attractions including; Cape Fear Community College, PPD corporate headquarters, Live Oak Bank Pavilion, The Wilson Center, the Brooklyn arts district (a vibrant and growing area with restaurants, shopping, bars, and music), the Port City Marina, the Wilmington Downtown Riverfront, and much more. The history of this area is as fascinating as its' future is bright. Here is your chance to own a solid income generator in the heart of one of the most exciting continuous urban transformations in America.

Additional Information

Taxes
$1,301
Cooling
Central
Heating
Heat Pump
Water Heater
Electric
Floors
Carpet, Wood
Foundation
Crawl Space
Roof
Shingle
Exterior Finish
Vinyl Siding
Lot Water Features
None
Sewer
Municipal Sewer, Municipal Water

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 Re/Max Essential.

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