905 Rankin Street

Wilmington, NC, 28401

$1,599,000

$1,599,000
Sold
Sold
baths
2 Baths
property_type
Multi-family
calendar
Built 1920
-2 Single family - 2 duplexes - 25 total rooms - 33 tenantsAddress are 718 Church, 720 Church, 905 Rankin A&B, 708 Campbell Street A&BBrings in over 14k a month - NOI is about 11k PLUS (these numbers can easily go up with our management!) Owner is currently raising them and will be even higher before closing Very rare opportunity with letters from the city permitting 'Rooming houses'' which holds tremendous value! There is a huge wait list for tenants wanting to get in along with companies such as trillium and sec 8. Could also be a half way house play, senior living etc which usually rents even higher per room.Roofs are all under 4 years old. Hvacs are all under warranty and the properties have new floors and paint Windows have been upgraded. With proof of funds can provide all financials.
MLS ID:
100279692
Updated:
12/9/21
Coldwell Banker Sea Coast Advantage
The Carolinas Finest

Interior Features

Total Bedrooms
0
Total Bathrooms
2
Interior Features
None
Fireplace
None
Cooling
See Remarks
Heating
Other-See Remarks

Exterior/Building Features

Lot Size
2,178 ft² lot
Exterior Features
None
Roof
Shingle

School Information

High School
New Hanover
Middle/Jr High
Virgo
Elementary School
Williams

Other Property Details

Taxes
$1057.61
Tax Frequency
per YEAR
HOA Amenities
No Amenities
Attached Garage
No
Parking
Paved
View
N
County
New Hanover
Total Stories
2

Property History

Date
Event
Price
Value
11/10/21
Sold
-
-
11/10/21
Price Change
$1,599,000
-5%
7/27/21
Pending
-
-

 

Courtesy of Keller Williams Realty

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Data last updated 8:00 AM UTC, 12/9/21

Coldwell Banker Sea Coast Advantage
The Carolinas Finest
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