Wilmington, NC 28403,370 S Kerr AVE #Unit 105
Wilmington, NC 28403,370 S Kerr AVE #Unit 105
Wilmington, NC 28403,370 S Kerr AVE #Unit 105
Wilmington, NC 28403,370 S Kerr AVE #Unit 105
Wilmington, NC 28403,370 S Kerr AVE #Unit 105
Wilmington, NC 28403,370 S Kerr AVE #Unit 105
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12,000 SqFt


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$ 2,149,900
Est. payment | /mo
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12,000 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $179

Subdivision Kerr Crossing

MLS Listing ID 100411313

HOA Fees $2,400

HOA Y/N Yes

Originating Board North Carolina Regional MLS

Year Built 2007

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!

Location

State NC

County New Hanover

Community Kerr Crossing

Zoning RES

Direction College to Randall Parkway, turn left at stoplight onto Kerr Ave, immediately turn right into Kerr Crossing Parking lot (corner of Randall & Kerr)

Interior

Heating Electric

Flooring Carpet

Building

New Construction No

Others

Tax ID R05507-001-011-005

Special Listing Condition None

Hive MLS / (NCRMLS)
Listed by Keller Williams Innovate-Wilmington
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(828) 447-8846

chrisstclairrealtor@gmail.com

200 Rusted Plow Trl, Trenton, NC, 28585

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370 S Kerr AVE #Unit 105