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370 S Kerr Avenue Unit Unit 105

Wilmington, North Carolina, 28403, United States

Property ID: #1502926 // Commercial // Source Status: Active
370 S Kerr Avenue Unit Unit 105
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Traditional Sale
List Price:
$2,149,900.00
Icon 12,000 ft²
Icon - acres
Icon - beds
Icon - baths
Address:
370 S Kerr Avenue Unit Unit 105
City:
Wilmington
State:
North Carolina
Zip Code:
28403
County:
New Hanover
Subdivision:
Kerr Crossing
Country:
United States
Property Type:
Commercial
Additional Property Types:
Multi-Family
Year Built:
2007
Property Size:
12,000 ft²
Data Source:
North Carolina Regional MLS
MLS/Reference Number(s):
100411313
Source Status:
Active
Source Property Type:
Commercial, Multi-Family

Property Provided By

  • The Domenico Grillo Real Estate Team
  • Keller Williams Innovate-Wilmington
  • +1 (910) 508-7387

Connect with local buyer agents who are willing to offer commission savings!

Property Information

Package of ten condos in a great community in PRIME location of Wilmington, North Carolina. Each unit has 3 beds/3 baths and is located less than a mile to the UNCW campus. Within a mile to plenty of shopping and less than 5 mins to the beach! Spacious bedrooms all with their own private bathrooms and walk-in closets. Ideal as investment properties. All properties currently below market value. How dues are 2400/year for each unit. Property taxes are close to 20k in total. Each property should be able to rent for 2100-2200. 4 units recently vacant and have been turned and ready for rent to be increased. NOI with pro forma is roughly 225k annually. Reach out for more information!370 S. Kerr Ave. Unit 105 Wilmington, NC 28403 ((tenant occupied until 4/2024) 370 S. Kerr Ave. Unit 106 Wilmington, NC 28403 370 S. Kerr Ave. unit 103 Wilmington, NC 28403 (no washer/dryer) 370 S. Kerr Ave. unit 104 Wilmington, NC 28403 (tenant occupied until 10/14/2023, $1,800) 370 S. Kerr Ave. unit 304 Wilmington, NC 28403 (tenant occupied until 11/11/2023, $1,745) 376 S. Kerr Ave. unit 302 Wilmington, NC 28403 (fresh paint for entire unit) 376 S. Kerr Ave. unit 304 Wilmington, NC 28403 (tenant occupied until 2/15/2024, $1,575) 376 S. Kerr Ave. unit 305 Wilmington, NC 28403 376 S. Kerr Ave. unit 101 Wilmington, NC 28403 (fresh paint for entire unit, no washer/dryer) 376 S. Kerr Ave. unit 102 Wilmington, NC 28403 We have a total of 10 units in this complex for sale. Possibly more in the future as a package!

Source Disclaimer

North Carolina Regional MLS

Listing Information © 2024 NCRMLS. All rights reserved.
Courtesy of The Domenico Grillo Real Estate Team, Keller Williams Innovate-Wilmington.
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This content last updated on 2024-10-07 20:29:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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