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$184,000

Beds
Unknown
sq ft
11,614

611 South 12th Street, Wilmington, NC 28401

611 South 12th Street

Wilmington, NC 28401

  • Sold On 12/1/2021
Twelve (12) unit residential property portfolio located in Wilmington, NC. Currently 100% occupied with an expected annual rental income of $136,476. The portfolio is made up of a mix of three (3) and two (2) bedroom single family homes. Properties have solid rental history.

Details

Property type

Multi Family

Lot size

1.73 acres

Price per sq ft

$124

Year built

1959

Annual property taxes

$7,050

Price History

02/20/2025
NorthCarolinaRegional

NorthCarolinaRegional #100488821

Removed
$184,000
02/13/2025
NorthCarolinaRegional

NorthCarolinaRegional #100488821

Listed
$184,000
-87.21%
12/01/2021
NorthCarolinaRegional

NorthCarolinaRegional #100286667

Sold
$1,439,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Civic Financial Services Llc

Loan start date

August 2022

Original loan amount

$811,600

Est. remaining balance

Not provided

Interest rate

5.81%

Loan type

Commercial, 30 year

Seller

Sela Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 02/22/2025 at 11:15 PM

Listing updated: 06/07/2024 at 11:30 PM

Listed by: Jeffrey G Hovis, Intracoastal Realty Corp Phone #: (910) 256-4503

MLS: NorthCarolinaRegional #100286667

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