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905 Rankin Street

Wilmington, NC 28401
MLS #100279692

-2 Single family - 2 duplexes - 25 total rooms - 33 tenantsAddress are 718 Church, 720 Church, 905 Rankin A&B, 708 Campbell Street A&BBrings in over 14k a month - NOI is about 11k PLUS (these numbers can easily go up with our management!) Owner is currently raising them and will be even higher before closing Very rare opportunity with letters from the city permitting `Rooming houses`` which holds tremendous value! There is a huge wait list for tenants wanting to get in along with companies such as trillium and sec 8. Could also be a half way house play, senior living etc which usually rents even higher per room.Roofs are all under 4 years old. Hvacs are all under warranty and the properties have new floors and paint Windows have been upgraded. With proof of funds can provide all financials.

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Marti Hampton

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(844) 319-4477
eXp Realty

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Listing Provided Courtesy of: The Domenico Grillo Real Estate Team, Keller Williams Realty
Last Updated: 2021-07-27 02:03:52
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Source: NCRMLS
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