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Listing Details

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Neighborhood
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Type
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Built
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School Information

Elementary School
Middle School
High School

Description

Four single family rental property portfolio. Group consists of four single family homes located at: 12 Montgomery(3Bed/2Bath), 1611 Castle Street(3Bed/1Bath), 3806 Wrightsville Avenue(3Bed/1Bath) and 701 S 19th Street(3Bed/2Bath). Total pro-forma income for 2021 is $61,356 with expenses of $6652. Properties are fully leased and tenants are responsible for utilities and lawn maintenance. The tenant base is a mix of market and subsidy tenants. Properties are also being marketed in a larger property portfolio.

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© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-19T08:55:27.86.
www.thefinestatthecrystalcoast.com/homes/119648434
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3806 Wrightsville Avenue Wilmington, NC 28403

  • Price: $740,000
  • Status: Active
  • Updated: 44 min ago
  • MLS #: 100282502
12
Beds
6
Baths
0
½ Baths
0.63
Acres
1900
Built
Neighborhood:
Not In Subdivision
County:
New Hanover
Area:
Wilmington
Elementary School:
College Park
Middle School:
Roland Grise
High School:
New Hanover
Property Description
Four single family rental property portfolio. Group consists of four single family homes located at: 12 Montgomery(3Bed/2Bath), 1611 Castle Street(3Bed/1Bath), 3806 Wrightsville Avenue(3Bed/1Bath) and 701 S 19th Street(3Bed/2Bath). Total pro-forma income for 2021 is $61,356 with expenses of $6652. Properties are fully leased and tenants are responsible for utilities and lawn maintenance. The tenant base is a mix of market and subsidy tenants. Properties are also being marketed in a larger property portfolio.
Exterior Features

Attached Garage Spaces 0.00 Construction See Remarks Detached Garage Spac 0.00 Driveway Spaces 10.00 Exterior Features None Exterior Finish See Remarks Fencing None Foundation Crawl Space Garage Parking Other 10 Location Type Mainland Lot Dimensions Multiple Lots Lot Sq Ft 27591.00 Lot Water Features None Parking Driveway None Pool Spa None Porch Balcony Deck See Remarks Road Type Frontage See Remarks Roof See Remarks Total Carport Spaces 0.00 Waterfront No Waterview No

Interior Features

1 Bedroom Appliances See Remarks 1 Bedroom Cooling Central 1 Bedroom Features W/D Hookup 1 Bedroom Heating Electric 1 Bedroom Units Avg Sqft 940 1 Bedroom Units Full Baths 1 1 Bedroom Units Half Baths 0 1 Bedroom Units Total Rooms 4 2 Bedroom Appliances See Remarks 2 Bedroom Cooling Central 2 Bedroom Features W/D Hookup 2 Bedroom Heating Electric 2 Bedroom Units Avg Sqft 1049 2 Bedroom Units Full Baths 1 2 Bedroom Units Half Baths 0 2 Bedroom Units Total Rooms 5 3 Bedroom Appliances See Remarks 3 Bedroom Cooling Central 3 Bedroom Features W/D Hookup 3 Bedroom Heating Electric 3 Bedroom Units Avg Sqft 1236 3 Bedroom Units Full Baths 2 3 Bedroom Units Half Baths 0 3 Bedroom Units Total Rooms 5 Appliances Equipment NoneSee Remarks Attic Access Only Basement None Cooling System CentralSee Remarks Dining Room Type Combination Efficiency Apartment Avg Sqft 1183 Efficiency Apartment Full Baths 2 Efficiency Apartment Half Baths 0 Efficiency Apartment Rent 1224.00 Efficiency Apartment Total Rooms 5 Efficiency Appliance See Remarks Efficiency Features KitchenW/D Hookup Efficiency Heating See Remarks Fireplace None Flooring See Remarks Heating System ElectricOther-See Remarks Interior Features None Laundry Location Hookup - DryerHookup - Washer Stories Levels 1st Floor Water Heater ElectricSee Remarks

Property Features

1 Bedroom Rent Freq Monthly 1 Bedroom Units Occupied Yes 1 Bedroom Units Rent 1350.00 2 Bedroom Rent Freq Monthly 2 Bedroom Units Occupied Yes 2 Bedroom Units Rent 1000.00 3 Bedroom Rent Freq Monthly 3 Bedroom Units Occupied Yes 3 Bedroom Units Rent 1236.00 Accessibility None Auction No City Limits Yes Cobra Zone No County Taxes 3394.00 Efficiency Apartment Occupied Yes Efficiency Rent Freq Monthly Electric Provider Duke Progress Energy Federal Flood Ins Available Yes Financials Available Yes Fuel Tank None Green Building Certification None Green Building Features None Gross Rental Income 61356.00 Hoa And Neighborhood Amenities No Amenities Hoa YN No Multifamily Sub Type Quadruplex New Construction No Possession See RemarksSubject To Tenant Rights Property Management Company No Property Taxes 3394.06 Secondary Subdivision N/A Sewer Provider Cape Fear Public Utility Authority Stipulation Of Sale None Tax Year 2020 Terms CashConventional Water Provider Cape Fear Public Utility Authority Water Sewer Municipal SewerMunicipal Water Zoning Mix



Listing information © 2021 NCRMLS
Listing provided courtesy of Jeffrey G Hovis of Intracoastal Realty Corp.


© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-19T08:55:27.86.
 
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Barefoot-Chandler & Associates
8301 Emerald Drive
Emerald Isle NC, 28594