Do Real Estate on the Go!
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Do Real Estate on the Go!
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$2,750,000
-- Bed
- -- Bath
--sqft
1101 Emory St, Wilmington, NC 28405
$2,750,000
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Single Family Residence
Built in 1971
$-- HOA
-- sqft lot
--/sqft
Description
11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes—all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward. This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026. Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independen...
Continue ReadingProperty Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1971
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Hive MLS
MLS Number
100518138
MLS Status
Active
Days on Market
162
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