1101 Emory St
Wilmington, NC 28405
4 Beds1.5 Baths1,400 Sq Ft14 Days on Market
For Sale $2,750,000
Save
Courtesy of East Atlantic Realty LLC
Listing Agent & Comments
11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes--all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward. This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026. Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independence Blvd extension, this area is poised for continued growth--making this a strategic, cash-flowing opportunity in one of Wilmington's fastest-growing pockets. Rent roll and Section 8 docs available upon request.
MLS# 100518138 • Data provided by NCRMLS
Living Area | 1,400 Sq.Ft. |
---|---|
Lot Size | 9,235 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 1.5 |
Stories | 1 |
Year Built | 1971 |
Property Type | Single Family Detached |
Zoning | MF-M,MULTI FAM MED DEN |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $1,278 |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by NCRMLS.
More Information On This Home
This home's estimated value
$217,157
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
New
Do you own this home?
Access your homeowner dashboard
HouseCanary, Inc. Brokerage
1101 Emory St., Wilmington, NC 28405
Single Family Detached4 Beds1.5 Baths1,400 Sq Ft14 Days on Market
Listing Agent & Comments
11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes--all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward. This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026. Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independence Blvd extension, this area is poised for continued growth--making this a strategic, cash-flowing opportunity in one of Wilmington's fastest-growing pockets. Rent roll and Section 8 docs available upon request.
MLS# 100518138 • Data provided by NCRMLS
Living Area | 1,400 Sq.Ft. |
---|---|
Lot Size | 9,235 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 1.5 |
Stories | 1 |
Year Built | 1971 |
Property Type | Single Family Detached |
Zoning | MF-M,MULTI FAM MED DEN |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $1,278 |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by NCRMLS.
New
Do you own this home?
Access your homeowner dashboard
For Sale $2,750,000
Save
Courtesy of East Atlantic Realty LLC
1101 Emory St
Wilmington, NC 28405
4 Beds1.5 Baths1,400 Sq Ft14 Days on Market
Listing Agent & Comments
11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes--all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward. This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026. Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independence Blvd extension, this area is poised for continued growth--making this a strategic, cash-flowing opportunity in one of Wilmington's fastest-growing pockets. Rent roll and Section 8 docs available upon request.
MLS# 100518138 • Data provided by NCRMLS
Living Area | 1,400 Sq.Ft. |
---|---|
Lot Size | 9,235 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 1.5 |
Stories | 1 |
Year Built | 1971 |
Property Type | Single Family Detached |
Zoning | MF-M,MULTI FAM MED DEN |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $1,278 |
Property in Flood Zone | -- |
Basement | No |
Pool | No |
Data provided by NCRMLS.
More Information On This Home
This home's estimated value
$217,157
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
New
Do you own this home?
Access your homeowner dashboard
For Sale $2,750,000
Save
Courtesy of East Atlantic Realty LLC