Exceptional Investment Opportunity in Downtown Wilmington! Unlock the potential of 805, 807, 809, and 811 Gerdes Alley! This property features two duplex buildings with a total of four updated 2-bedroom, 1-bathroom unitsperfectly situated in the vibrant heart of Wilmington. Property Highlights: Four Modern Units: Each thoughtfully updated for comfort and style Convenient Amenities: All units include a washer/dryer and dedicated storage room Off-Street Parking: Ensures ease of access for residents and guests Expansion Potential: Opportunity to add additional units for increased income! Whether you're a seasoned investor or looking to start your portfolio, this property offers a fantastic return in a desirable location.
Mls | 100470498 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Pending with Showings |
Year | 1985 |
Days On Site | 56 |
Listing Provided By | RE/MAX Executive | Cedric S Robinson |
Beds | 8 |
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Baths | 4 |
Sq Feet | 2,488 |
Storys | 1 |
Zoning | R-3 |
Acreage | 0.29 |
State | NC |
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County | New Hanover |
City | Wilmington |
Zip Code | 28401 |
Area | New Hanover |
Community Name | Downtown |
School District | Hoggard |
Elementary School | Snipes |
Middle School | Williston |
High School | Hoggard |
Listing VS Median (in Downtown) | |
Price: $699,000 low | high Med: $319,000 SqFt: 2,488 low | high Med: 720 $ / SqFt: $281 low | high Med: $443 On Site: 56 low | high Med: 387.000000 |