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719 Princess Street Wilmington, NC $ 1,465,000
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719 Princess Street
$ 1,465,000
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719 Princess Street

Wilmington, NC, 28401
$ 1,465,000
Bedrooms-- Baths-- Sq 4,848
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Property for Rent in Wilmington, NC

for $1,465,000. This 4,848 square foot property was built in 1900 on a lot size of 0.08.

8-unit mixed-use property located near Wilmington's Historic District, Downtown, and the Soda Pop District. Built in 1900 with extensive renovations completed 2021-2022. Updates include full interior improvements with each residential unit uniquely finished. Property is in the UMX zoning district. Configuration includes 1 retail space, 4 one-bedroom units, 2 studio units, and 1 two-bedroom unit. Annual rental income approx. $124,000. Strong rental history and turnkey investment opportunity in a high-demand urban location.

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Rental Active

Price

$ 1,465,000

Taxes

$ 8,954

Style

Multi Family

Lot Size

0.08

Year Built

1900

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100543390
Features
General
Heating Electric Forced Air Natural Gas
Cooling Central Air Wall/Window Unit(s)
Utilities Natural Gas Connected Electricity Connected
Possession Close Of Escrow Subject To Tenant Rights At Closing
Roof Shingle
Zoning UMX
Construction Materials Wood Siding
Occupancy 90.0
Year Built 1900
Property Subtype Multi Family
Tax Year 2025
Current Use Retail Multi-Family Rental and Retail
Taxes 8954
Location Gen Bus District
Parcel Number R04817-022-009-000
Gross Income 124200.0
Business Type Mixed Retail Commercial
Waterfront Features None
County New Hanover
Net Operating Income 96468.0
Insurance Expense 6400.0
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
Association Amenities None
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active
Directions Take Market Street east out of downtown. Turn left on Tenth Street turn left on Princess. Property is on the corner of Princess and N 8th Street. Street parking only.
City Wilmington
Number Of Units Total 0
Lot Size Units Acres
Lot Size Square Feet 3441.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Showing Instructions Appt Required Pets - See Remarks Tenants See Remarks15
Home Warranty Y/N N
Lease Considered Y/N N
Availability Date 2025-11-30
Structure Type Wood Frame
Lease Type See Remarks
Standard Status Active
Tax Assessed Value 1521500
Legal Description Pt Lot 55 Blk 184 Wilm
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Interior
Basement None
Flooring LVT/LVP Carpet Tile Wood
Water Heater Electric
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Attic Features Access Only
Total Baths 0
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Exterior
Exterior Finish Wood Siding
Parking Features On Street
Lot Features Corner Lot
Water Source Public
Total Parking 0.0
Lot Size Area 0.08
Foundation Details Crawl Space
Spa N
Building Area Total 4848
Lot Dimensions 45 x 56 x 45 x 56
Lot Size Acres 0.08
Waterfront Y/N N
Road Frontage Type 2 - 3 Lanes
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 719
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* Excluded Features
List By
Jeffrey G Hovis

Listing Agent

Intracoastal Realty Corp

Broker

jhovis@intracoastalrealty.com

Email

Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/30/2025$1,465,000 Listed Price

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719 Princess Street, Wilmington, NC, 28401 is a Property for Rent at $1,465,000 with 4,848 sqft and a lot size of 0.08. 719 Princess Street was built in 1900. The property's zip code is 28401 which is in Wilmington, NC

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