tomo logo

$449,000

Beds
6
Baths
2.0
sq ft
2,470

723 South 6th Street, Wilmington, NC 28401

723 South 6th Street

Wilmington, NC 28401

  • 52 days on market
    • Price drop $5,000↓
** MOTIVATED SELLER IS OFFERING TEN THOUSAND DOLLARS IN SELLER PAID CLOSING COSTS WITH AN ACCEPTABLE OFFER CLOSING BY 12/31/24 ** This rare, high-cash flowing duplex with no HOA is a must-see! With three bedrooms on each side, it's ideal for house hacking or maximizing rental income, having previously generated around $5,000 per month. Recent updates include a 2019 roof and siding replacement, new subflooring, newer windows, luxury vinyl plank flooring in 2024, plus a fully renovated kitchen and upgraded plumbing. Situated on a prime corner lot near dining, shopping, entertainment, and the Historic and Cargo Districts, this property combines modern upgrades with outstanding investment potential.

Details

Property type

Single Family Residence

Lot size

1,830 sq ft

Price per sq ft

$182

Year built

1920

Annual property taxes

$1,572.55

Price History

11/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100468504

Listed
$449,000
11/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100468504

Removed
$449,000
11/16/2024
NorthCarolinaRegional

NorthCarolinaRegional #100468504

Price change
$449,000
-1.1%

Schools & Community

Elementary school: 

Snipes

Middle school: 

Williston

High school: 

Hoggard

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

September 2022

Original loan amount

$823,200

Est. remaining balance

Not provided

Interest rate

5.54%

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?

Similar Homes Nearby

Price drop
NorthCarolinaRegional
$439,000
3 bd
|
2 ba
|
1,691 sq ft
|
House

416 South 5th Avenue, Wilmington, NC 28401

NorthCarolinaRegional
$450,000
4 bd
|
2 ba
|
1,847 sq ft
|
House

234 Central Boulevard, Wilmington, NC 28401

Sold
NorthCarolinaRegional
$269,000
2 bd
|
2 ba
|
1,812 sq ft
|
House

1911 Pender Avenue, Wilmington, NC 28403

Status: Active

Tomo last checked: 11/19/2024 at 6:15 AM

Listing updated: 11/18/2024 at 5:07 PM

Listed by: Adam Hashem, East Atlantic Realty LLC Phone #: (704) 962-2077

MLS: NorthCarolinaRegional #100468504

NorthCarolinaRegional logo

Recently listed in Wilmington