Address
370 S Kerr Avenue # Unit 105, Wilmington, NC
Price
$ 2,149,900
Property Attributes
- MLS#100411313
- TypeCommercial
- CountyNEW HANOVER
- CityWilmington
- AreaKerr Crossing
- NeighborhoodWilmington
- Zip28403
- StyleComm Condominium
- Price$ 2,149,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage12000
Data Source:
Cape Fear REALTORS® - NCRMLS
Property Description
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!
| Price History | |
|---|---|
| 10/24/2023 | Listed $2,399,900 |
| 2/22/2024 | 11% - $2,149,900 |
General Features
| Zoning | RES |
|---|---|
| New Construction | No |
| Subdivision | Kerr Crossing |
| County | New Hanover |
| Unit # | Unit 105 |
| Stipulation of Sale | None |
| Property Type | G |
| Auction | No |
| Tax Year | 2022 |
| Sale/Lease Includes | See Remarks |
| Status | Active |
| Special Assessments | none |
| Cobra Zone | No |
| Lot Sqft | 0.00 |
| Days on Market | 232 |
| City Limits | Yes |
| Sub-Type | Comm Condominium |
| Year Built | 2007 |
| City | Wilmington |
| Geo Lat | 34.231367 |
| Sale/Lease | Sale |
| Tax Assessed Value | 0.00 |
| Secondary Subdivision | N/A |
| Listing Member Name | The Domenico Grillo Real Estate Team |
| Geo Lon | -77.888318 |
| Location Type | Mainland |
| Street Name | Kerr |
Interior Features
| Flooring | Carpet |
|---|---|
| List Price/SqFt | 179.16 |
Exterior Features
| Exterior Finish | Vinyl Siding |
|---|---|
| Lot Dimensions | 00 |
| MLS Identifier | 20150918160742258811000000 |
| Lot Acres | 0.00 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 28403
Price
Visits
Year Built
Walkscore
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here 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
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Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here 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
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here 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
