905 Rankin Street, Wilmington, NC 28401

$1,925,000
5
BD
2
BA
List Price
$1,925,000
Status
ACTIVE
MLS#
100362292
Days on Market
40
Year Built
1920
Levels
2nd Floor
Bedrooms
5
Bathrooms
2
Acres
0.06
Neighborhood
Brooklyn

Property Description

VERY RARE LEGALIZED Boarding houses setup. Package consist of 2 Single family -and 2 duplexes for a total of 6 units - 25 total rooms - Address are 718 Church, 720 Church, 905 Rankin A&B, 708 Campbell Street A&B Brings in over 16k a month - Very rare opportunity with letters from the city permitting 'Rooming houses'' which holds tremendous value! There is a huge wait list for tenants wanting to get in along with companies such as trillium and sec 8. Could also be a half way house play, senior living etc which usually rents even higher per room. Roofs are all under 6 years old. Hvacs are all under warranty and the properties have new floors and paint over past couple of years. Windows have been upgraded. With proof of funds can provide all financials.

Additional Information

Taxes
$1,541
Available Amenities
No Amenities
Interior Features
None
Cooling
See Remarks
Heating
Other-See Remarks
Foundation
Crawl Space
Roof
Shingle
Exterior Finish
See Remarks
Elementary School
Williams
Middle School
Williston
High School
New Hanover

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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