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  • $450,000

    1002 S 4th Street, Wilmington, NC 28401

    3beds
    3baths
    1,994sqft
    Triplex
    Built in 1940
    -- sqft lot
    $470,400 Zestimate®
    $226/sqft
    $-- HOA

    What's special

    Prime Investment Opportunity in Historic Downtown Wilmington! Attention Investors! Don't miss this exceptional triplex located at 1002 S 4th St in the heart of Historic Downtown Wilmington. This property is fortified with a solid brick exterior and sits prominently on a corner lot, offering excellent curb appeal and long-term stability. The triplex includes two 1-bedroom, 1-bathroom units and one 2-bedroom unit, making it a versatile addition to your rental portfolio. Each unit is easy to rent, ensuring a stable and consistent income stream. With three power meters and a single water meter, utility management is straightforward and efficient.Situated in the desirable south side of Wilmington, this property is perfectly positioned for growth. The excellent location provides plenty of upside for upgrades and rent increases as turnovers occur, allowing you to maximize your return on investment. The area is known for its strong rental demand, ensuring you can keep units occupied with ease.This triplex is not only a stable investment but also an opportunity to add significant value through strategic improvements. Whether you choose to renovate and modernize the units or simply enjoy the steady cash flow, 1002 S 4th St offers immense potential.Seize this rare chance to invest in a prime property in a historic and thriving part of Wilmington.

    Zillow last checked: 7 hours ago

    Listing updated: August 12, 2024 at 12:28pm

    Listed by:

    Christian Cardamone 910-262-3399,

    Keller Williams Innovate-Wilmington

    Bought with:

    The Domenico Grillo Real Estate Team

    Keller Williams Innovate-Wilmington

    Source: Hive MLS,MLS#: 100451341MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Other, Electric, Natural Gas
    Cooling
    • Wall/Window Unit(s)
    Features
    • Master Downstairs, 9Ft+ Ceilings
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,994
    • Total interior livable area: 1,994 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground
    • Patio & porch: Patio, Porch
    • Fencing: Partial
    Lot
    • Size: 2,613 sqft
    • Dimensions: 40' x 99'
    • Features: Corner Lot
    Details
    • Parcel number: R05413013022000
    • Zoning: R-5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Brick, Stone, Wood Frame
    • Foundation: Combination, Slab
    • Roof: Slate
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Municipal Sewer
    • Water: Public
    • Utilities for property: Water Connected, Sewer Connected, Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Wilmington
    • Subdivision: Downtown

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
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    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $470,400
    2% more+ $9,408
    With Zillow Showcase(estimated)
    $479,808