621 N 11th Street, Wilmington, NC 28401

$4,499,800
List Price
$4,499,800
Status
ACTIVE
MLS#
100427097
Price Change
▼ $500,100 1709061113
Days on Market
236
Year Built
1948
Neighborhood
Not In Subdivision
Stipulations
None

Property Description

20 door portfolio consisting 14, 3 bedrooms. and 6, 2 bedrooms. Currently has a rental income amount of $332,928. All rents are currently below market value by a large amount. Fair market value with approved government funded numbers ready for rent increases puts the pro forma at a rental income amount of $482,400. All utilities are in the tenants name. Reach out and we can provide you with rent roll, and approved s8 government funded worksheet.

Additional Information

Heating
Electric
Lot Water Features
None

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 Innovate-Wilmington.

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