Unique and rare investment property in the historic downtown Wilmington. Renovated Mid 1800s building with Upgrades. Nestled in the prime downtown district of one of the city's top TEN high-appreciating neighborhoods, these iconic buildings offer a blend of vintage charm and modern potential. With mixed-use and multifamily spaces, this portfolio promises a lucrative venture in a thriving location, combining history with strategic commercial opportunities. Leased under market rates with 1 Vacant unit left vacant for owner occupancy or Vacation Rental/Airbnb. Properties can be sold TOGETHER as a portfolio deal. See 2617 Market St (MLS 10008535) for second property.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Interior Features
- Apartment/Suite
- Bathtub/Shower Combination
- Breakfast Bar
- Ceiling Fan(s)
- Granite Counters
- Laminate Counters
- Flooring: Carpet, Concrete, Tile, Vinyl
Appliances
- Electric Range
- Microwave
- Refrigerator
- Washer/Dryer
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Central Air, Electric
- Heating Features: Central, Ductless, Electric
- Heating: Yes
Land Info
- Lot Description: City Lot, Near Public Transit
- Lot Size Acres: 0.06
- Lot Size Square Feet: 2614
Exterior and Lot Features
- Road Surface Type: Asphalt
Garage and Parking
- Parking Features: On Street
Home Features
- View: City
- Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
School Information
- Elementary School: New Hanover County Schools
- High School: New Hanover County Schools
- Middle School: New Hanover County Schools
Multi-Unit Info
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Amenities and Community Features
- Community Features: Sidewalks, Street Lights
Other Property Info
- Annual Tax Amount: 3668
- Source Listing Status: Active
- County: New Hanover
- Tax Year: 2023
- Source Property Type: Residential Income
- Property Subtype: condo
- Source Neighborhood: Not in a Subdivision
- Owner Pays: Common Area Maintenance, Exterior Maintenance, Insurance, Management, Pest Control, Repairs, Roof Maintenance, Sewer, Snow Removal, Taxes, Trash Collection
- Parcel Number: R05409-003-012-000
- Postal City: Wilmington
- Subdivision: Not in a Subdivision
- Zoning: R-3
- Property Subtype: Apartment
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 2618
- Year Built: 1888
- Above Grade Finished Area: 2618
- Building Area Total: 2618
- Building Exterior Type: Concrete
- Common Walls: 2+ Common Walls
- Construction Materials: Concrete
- Foundation Details: Slab
- Levels: Two
- Property Age: 136
- Property Condition: Updated/Remodeled
- Roof: Asphalt, Shingle
- Structure Type: Mixed Use
- Architectural Style: Transitional
Utilities
- Gas: Central, Ductless, Electric
- Sewer: Public Sewer
- Cable Available
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Phone Available
- Sewer Available
- Sewer Connected
- Water Available
- Water Source: Public
