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811 Gerdes Alley

Wilmington, NC 28401
  • $699,000
  • STATUS: Pending with Showings
  • ON SITE: 56 Days
  • MLS #: 100470498
Under Contract
UPDATED: 25 min ago
$699,000
  • 8
    BEDS
  • 0.29
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1985
County:
Area:

School Ratings & Info

Description

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 units--perfectly situated in the vibrant heart of Wilmington.Property Highlights:Four Modern Units: Each thoughtfully updated for comfort and styleConvenient Amenities: All units include a washer/dryer and dedicated storage roomOff-Street Parking: Ensures ease of access for residents and guestsExpansion 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.

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Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) 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 will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-12-06T19:10:14.5.
www.newbernrec.com/homes/156615805
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811 Gerdes Alley Wilmington, NC 28401

  • Price: $699,000
  • Status: Pending with Showings
  • On Site: 56 Days
  • Updated: 25 min ago
  • MLS #: 100470498
8
Beds
4
Baths
0
½ Baths
0.29
Acres
1985
Built
Neighborhood:
Downtown
County:
New Hanover
Area:
Wilmington
Property Description
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 units--perfectly situated in the vibrant heart of Wilmington.Property Highlights:Four Modern Units: Each thoughtfully updated for comfort and styleConvenient Amenities: All units include a washer/dryer and dedicated storage roomOff-Street Parking: Ensures ease of access for residents and guestsExpansion 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.
Exterior Features

Attached Garage Spaces 0.00 Construction Wood Frame Detached Garage Spac 0.00 Exterior Finish Wood Siding Fencing Back Yard Foundation Slab Location Type Mainland Lot Dimensions irreguler Lot Sq Ft 12720.00 Lot Water Features None Parking Driveway On Site Pool Spa None Porch Balcony Deck None Road Type Frontage Alley Roof Shingle Total Carport Spaces 0.00 Waterfront No Waterview No

Interior Features

1 Bedroom Cooling Wall/Window Unit 1 Bedroom Heating Electric 1 Bedroom Units Avg Sqft 612 1 Bedroom Units Full Baths 1 1 Bedroom Units Half Baths 0 1 Bedroom Units Total Rooms 5 2 Bedroom Cooling Wall/Window Unit 2 Bedroom Heating Electric 2 Bedroom Units Avg Sqft 612 2 Bedroom Units Full Baths 1 2 Bedroom Units Half Baths 0 2 Bedroom Units Total Rooms 5 3 Bedroom Cooling Wall/Window Unit 3 Bedroom Heating Electric 3 Bedroom Units Avg Sqft 612 3 Bedroom Units Full Baths 1 3 Bedroom Units Half Baths 1 3 Bedroom Units Total Rooms 5 Attic Access Only Basement None Cooling System Wall/Window Unit(s) Efficiency Apartment Avg Sqft 612 Efficiency Apartment Full Baths 1 Efficiency Apartment Half Baths 0 Efficiency Apartment Rent 1425.00 Efficiency Apartment Total Rooms 5 Efficiency Appliance DryerWasherStove/Oven - ElectricRefrigerator Efficiency Heating Electric Fireplace None Flooring ConcreteTile Heating System Wall Furnace Interior Features 1st Floor Master Laundry Location Kitchen Stories Levels 1st Floor

Property Features

1 Bedroom Rent Freq Annual 1 Bedroom Units Occupied No 1 Bedroom Units Rent 1375.00 2 Bedroom Rent Freq Annual 2 Bedroom Units Occupied No 2 Bedroom Units Rent 1450.00 3 Bedroom Rent Freq Annual 3 Bedroom Units Occupied Yes 3 Bedroom Units Rent 1350.00 Accessibility None City Limits Yes Cobra Zone No Efficiency Apartment Occupied No Efficiency Rent Freq Annual Federal Flood Ins Available No Financials Available No Fuel Tank None Heating System Fuel Source Electric Hoa YN No Multifamily Sub Type Quadruplex New Construction No Property Management Company Yes Property Taxes 3182.46 Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2024 Terms CashConventional Zoning R-3



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of Cedric Robinson of RE/MAX Executive: (910) 218-2000.


Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) 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 will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-12-06T19:10:14.5.
 
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