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708 Campbell Street

Wilmington, NC 28401
MLS #100280134

This is part of a bigger package which you will see below. 708 Campbell can also be sold separately as you see on this listing for 455k. It is a duplex that consist of 8 bedrooms. These properties have very rare permits for room boarding if wanted. This single duplex is currently bringing in 58k a year with a 10.3 Cap which breaks down to 4,833 a month in total rent for this single duplex.For the bigger package you will find the details below and can find the listing by looking up 905 Rankin Street.2 Single family - 2 duplexes - 25 total rooms - 33 tenants Address are 718 Church, 720 Church, 905 Rankin A&B, 708 Campbell Street A&B Brings 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.Agent Remarks: 4 properties (2 single family and 2 Duplexes), 6 units, 25 bedrooms and 33 tenants. This package you can look up by typing in 905 Rankin for 1.69 Million.

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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 02:01:13
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Source: NCRMLS
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