8 Beds
4 Baths
2,488 SqFt
8 Beds
4 Baths
2,488 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,488 sqft
Price per Sqft $280
Subdivision Downtown
MLS Listing ID 100470498
Style Wood Frame
Bedrooms 8
HOA Y/N No
Originating Board North Carolina Regional MLS
Year Built 1985
Annual Tax Amount $3,182
Lot Size 0.292 Acres
Acres 0.29
Lot Dimensions irreguler
Property Description
Unlock the potential of 805, 807, 809, and 811 Gerdes Alley! This property features two duplex buildings with a total of four updated 2-bedroom, 1-bathroom units—perfectly situated in the vibrant heart of Wilmington.
Property Highlights:
Four Modern Units: Each thoughtfully updated for comfort and style
Convenient Amenities: All units include a washer/dryer and dedicated storage room
Off-Street Parking: Ensures ease of access for residents and guests
Expansion Potential: Opportunity to add additional units for increased income!
Whether you're a seasoned investor or looking to start your portfolio, this property offers a fantastic return in a desirable location.
Location
State NC
County New Hanover
Community Downtown
Zoning R-3
Direction From Wooster Street, take a left on Gerdes Alley, from Castle Street toward Queen Street, take a right on Gerdes Alley, units are on the Right.
Rooms
Basement None
Interior
Interior Features Master Downstairs
Heating Wall Furnace, Electric
Cooling Wall/Window Unit(s)
Flooring Concrete, Tile
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Laundry In Kitchen
Exterior
Garage On Site
Pool None
Waterfront No
Waterfront Description None
Roof Type Shingle
Accessibility None
Porch None
Building
Story 1
Entry Level One
Foundation Slab
New Construction No
Schools
Elementary Schools Snipes
Middle Schools Williston
High Schools Hoggard
Others
Tax ID R05410-019-023-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
