335 Lullwater Dr - Residential Income FOR SALE


Wilmington, NC 28403
$325,000 USD
910-457-5258
335 Lullwater Dr, Wilmington, NC for Sale
$325,000 USD
Residential Income - FOR SALE
1/1
null | 9.23% Cap Rate

335 Lullwater Dr
Wilmington, NC 28403


HIGHLIGHTS

  • Great residential property near UNC Wilmington Campus.
  • The property is uniquely designated as a Group Home earning great rents.

OVERVIEW

***Recently Reduced*** Prime investment property in midtown Wilmington, less than 1 mile from UNC-Wilmington campus and 5 miles to Wrightsville Beach. Designated as a group home by the City of Wilmington, it opens greater rent income. The property is priced below tax value. This home has always attracted great long-term tenants.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

9.23%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

UNCW Rental Home or Group Home

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

R-10

APN/PARCEL ID

R05507-004-001-000

ASK ABOUT THIS PROPERTY

Stephen MillsMargaret Rudd & Associates, Inc., RealtorsMore Info
910-457-5258

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Stephen MillsMargaret Rudd & Associates, Inc., RealtorsMore Info
910-457-5258

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.