706 s 9th Street

Wilmington, NC 28401 / Downtown

MLS ID# 100291167 Closed
Quadruplex

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Closed $320,000

4800 sqft

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• Description
• Location Information
• Building Info
• Property Exterior/Interior Info
• Legal and Taxes
• Details

Description

Great investment property! 805, 807, 809 and 811 Gerdes Alley. Two Duplex buildings, equaling four total 2 bedroom/1 bathroom units, offered in the heart of downtown Wilmington. Units 805 and 807 updated within the last 3 years, and every unit provides a washer/dryer hook-up, a storage room, and off street parking. Each unit is tenant occupied with a long term lease, except #811, which is month to month. Currently under a property management contract with Unlimited Property Solutions. Great investment property! 805, 807, 809 and 811 Gerdes Alley. Two Duplex buildings, equaling four total 2 bedroom/1 bathroom units, offered in the heart of downtown Wilmington. Units 805 and 807 updated within the last 3 years, and every unit prov... show more

Location Information

• Street # 706
• Pre Direction S
• Street Name 9th
• Street Suffix Street
• County New Hanover
• City Wilmington
• StateProvince NC
• Zip Code 28401
• City Limits Yes
• Marketing City Wilmington
• Subdivision Downtown
• Secondary Subdivision N/A

New Construction

No

Property Exterior/Interior Info

• Lot Acres 0.29
• Lot SqFt 12720
• Lot Dimensions 223 x 57
• Waterfront No
• Waterview No
• Location Type Mainland
• # Bedrooms - Total 8
• # Baths - Total 4
• Total SqFt - Heated 4800
• # Total Units 4
• Stories 1
• Owner Occupied No
• Property Mgmt Company Yes
• Financials Available Yes

Legal and Taxes

• Tax Assessed Value 116100
• Deed Book 6133
• Deed Page 1981
• Legal Blk 66 Pt E End 2 + Pt Wm 2
• Broker Owner Yes
• PID R05410-019-023-000
• Tax Identifier R05410-019-023-000
• Plat Book 464
• Plat Page 206
• Total Real Estate Property Taxes 1223
• Special Assessments none
• Tax Year 2020
• Year Built 1985
• Zoning R-3
• HOA No
• Cobra Zone No
• Elementary School Snipes
• Middle School Williston
• High School Hoggard

Details

• Garage & Parking

  Attached Garage Spaces:0, Detached Garage Spaces:0, Total # Garage Spaces:0, Total Carport Spaces:0

• Construction

  Wood Frame

• Exterior Features

  None

• Exterior Finish

  Wood Siding

• Fencing

  Back Yard, Chain Link, Partial

• Foundation

  Slab

• Fuel Tank

  None

• Parking Features

  Off Street, Unpaved

• Patio and Porch Features

  None

• Roof

  Shingle

• Stories/Levels

  1st Floor

• Cooling

  None

• Heating System Fuel Source

  Natural Gas

• Utilities

  Municipal Sewer, Municipal Water

• Fireplace

  None

• Interior Features

  1st Floor Master, Ceiling Fan(s), Smoke Detectors, Wash/Dry Connect

• Laundry Location

  Hookup - Dryer, Hookup - Washer

• Side/Unit 1

  Full Baths:1, Half Baths:0, Avg SqFt:1124, No Furnished, Rent:600, Occupied

• Side/Unit 1 Cooling

  Wall/Window Unit

• Side/Unit 1 Heating

  Natural Gas

• Side/Unit 1 Rent Frequency

  Monthly

• Side/Unit 2

  Full Baths:1, Half Baths:0, Avg SqFt:1124, No Furnished, Rent:675, Occupied

• Side/Unit 2 Cooling

  Wall/Window Unit

• Side/Unit 2 Heating

  Natural Gas

• Side/Unit 2 Rent Frequency

  Monthly

• Side/Unit 3

  Full Baths:1, Half Baths:0, Avg SqFt:1124, No Furnished, Rent:550, Occupied

• Side/Unit 3 Cooling

  Wall/Window Unit

• Side/Unit 3 Heating

  Natural Gas

• Side/Unit 3 Rent Frequency

  Monthly

• Side/Unit 4

  Full Baths:1, Half Baths:0, Avg SqFt:1124, No Furnished, Rent:650, Occupied

• Side/Unit 4 Cooling

  Wall/Window Unit

• Side/Unit 4 Heating

  Natural Gas

• Side/Unit 4 Rent Frequency

  Monthly

• HOA and Neigh Amenities

  No Amenities

• Rental Income

  0

• Terms

  Cash, Conventional, FHA, VA Loan