2617 Market Street Wilmington, NC $ 799,000
2617 Market Street
$ 799,000
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2617 Market Street

Wilmington, NC, 28401
$ 799,000
Bedrooms5 Baths5.0 Sq 4,406

Monthly Estimate*

$ 5,581

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Multi-Family Home for sale in Wilmington, NC

for $799,000 with 5 bedrooms and 5 full baths. This 4,406 square foot home was built in 1965 on a lot size of 0.37.

Explore a unique investment opportunity in historic Wilmington mid-19th century properties. Nestled in the prime downtown district of one of the city's top 10 high-appreciating neighborhoods, these iconic buildings offer a blend of vintage charm and modern potential. This multifamily building is part of portfolio consisting of Mixed use Multifamily building as well listed separately promises a lucrative venture in a thriving location, combining history with strategic commercial opportunities. -Located in well-established neighborhoods within Downtown Wilmington - Close proximity to the lively Cape Fear River, attracting a steady flow of tourists -Convenient access to major business corridors, including Hwy 17 and Hwy 74 - Situated in the Historic Districts, offering a unique and historically rich investment opportunity -Corner lot property provides an opportunity for land redevelopment for alternative uses. 1-Unit in each Property is left vacant for Owner Occupancy or for potential Airbnb/Rentals. - Two properties in the portfolio comprising a total of 8 residential units and 2 commercial unit(combined into 1) PROPERTIES ARE SOLD TOGETHER see 317 Castle St listing for other property

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Multi-Family Active

Price

$ 799,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 4,773

Style

A-Frame

Lot Size

0.37

Year Built

1965

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

10008535

Features
General
Interior Features Apartment/Suite Bathtub/Shower Combination Ceiling Fan(s) Granite Counters Laminate Counters Living/Dining Room Combination
Sewer Public Sewer
Heating Electric Forced Air Separate Meters
Cooling Ceiling Fan(s) Central Air Electric
Utilities Cable Available Electricity Connected
Roof Shingle
Appliances Dryer Electric Range Electric Water Heater Exhaust Fan Microwave Range Refrigerator Washer Washer/Dryer Washer/Dryer Stacked
Exterior Features None
Zoning R 10
Patio/Porch Features Deck
Architectural Style A-Frame
Pool Features None
Construction Materials Vinyl Siding
Year Built 1965
Stories 2
Levels Two
Property SubType Apartment
Accessibility Accessible Bedroom Accessible Closets Accessible Common Area Accessible Doors Accessible Full Bath Accessible Kitchen Central Living Area
County New Hanover
New Construction N
Property Type Residential Income
Association Amenities None
HOA / Comm Assn N
Attached Garage N
Subdivision Name Not in a Subdivision
Garage Y/N N
Other Structures None
Status Active
High School New Hanover County Schools
City Wilmington
Buyer Agent Compensation 2.50
View Y/N N
Senior Community Y/N N
Open Parking Spaces 3
Total Units 5
Lot Size Square Feet 16117.2
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 4
Street Name Market
Spa Features None
Elementary School New Hanover County Schools
Property Attached Y/N N
Tax Annual Amount 4773
Middle/Junior High School New Hanover County Schools
Ok to Lease 12 Months
Lease Considered Y/N N
Days on Market 81
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Hardwood Laminate
Total Fireplaces 2
Fireplace Features Decorative
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 4406
Full Baths 5
Half Baths 0
Street Suffix Street
Laundry Features In Kitchen
Total Bedrooms 5
Below Grade Finished Area 0
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 5
Living Area Units Square Feet
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Exterior
Fencing None
Parking Features On Street Unassigned
Lot Features City Lot
Water Source Public
Lot Size Area 16117.2
Foundation Details Brick/Mortar
Spa N
Building Area Total 4406
Lot Dimensions see ta x records
Lot Size Acres 0.37
Road Surface Type Asphalt
Lot Size Units Square Feet
Road Frontage Type City Street
Open Parking Y/N Y
Horse Y/N N
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* Excluded Features
List By
Traci Hall

Listing Agent

Reit Place, Llc

Broker

Affordability Calculator

$5,979
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,581
Monthly Property Taxes
$398
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3629096 Elementary School
3629094 Middle School
New Hanover County Schools High School High School
Pricing History
DatePricePrice ChangeDescription
4/6/2024$799,000 -11.12% Price Down
1/31/2024$899,000 -48.63% Price Down
1/28/2024$1,750,000 Listed Price

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2617 Market Street, Wilmington, NC, 28401 is a Multi-Family Home for sale at $799,000 with 4,406 sqft and a lot size of 0.37. 2617 Market Street has 5 bedrooms, 5.0 baths, and was built in 1965. The property's zip code is 28401 which is in Wilmington, NC