5049 Park Ave - Multi-Family FOR SALE


Wilmington, NC 28403
$1,249,000 USD
910-777-2200
5049 Park Ave, Wilmington, NC for Sale
$1,249,000 USD
Multi-Family - FOR SALE
1/18
null | Request Cap Rate

5049 Park Ave
Wilmington, NC 28403


OVERVIEW

2 superior concrete wall construction single family homes is a must see. Being sold is 5053 & 5049 Park Ave next door to each other on separate lots with a mirrored floor plan. The homes are on two different lots and can be sold separately in the future but current sellers prefers to sell as a package. The homes are Zoned r-5. Between both 5053 and 5049 Park you have 2 buildings, 10 Bedrooms, 2 offices rooms that have closets and bathrooms and can be used as 2 extra bedrooms, 12 bathrooms 4 laundry rooms, kitchens and wet bars and plenty of parking. Every bedroom/office has their own bathroom. Each home has has all Stainless steel appliances and the sale includes washer; dryer; fridge; stove; dishwasher; microwave times 4 between both properties. The properties were built by a well known local builder and made to perfection. Right next to the biking trail and just mins to the university and Wrightsville Beach. These make perfect college rentals, Airbnb's, primary or secondary properties etc etc. Currently both buildings are currently rented out. each building is 2130 Sqft. Reach out for more details on that. Properties are professionally managed.

FOR SALE DETAILS

PRICE

$1,249,000 USD

PRICE/SF

$293 USD /SF

# OF UNITS

4

PRICE/UNIT

$312,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Location Wilmington Multifamily

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R

APN/PARCEL ID

R06108-003-001-000

ASK ABOUT THIS PROPERTY

The Domenico Grillo Real Estate TeamKeller Williams Realty InternationalMore Info
910-777-2200

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The Domenico Grillo Real Estate TeamKeller Williams Realty InternationalMore Info
910-777-2200

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