907 Rankin St, Wilmington, NC 28401

Commercial property for lease

• Description
• Nine single family housing rental homes. They consist of the following:903 Rehder Alley 1 bedroom/1 bathroom901 Rehder Alley 1 bedroom/1 bathroom701 S 19th Street 3 bedroom/1 bathroom1102 Emory Street 3 bedroom/1 bathroom1103 Emory Street 3 bedroom/1 bathroom1111 N 30th Street 3 bedroom/1 bathroom1315 Church Street 2 bedroom/1 bathroom515 N 10th Street 1 bedroom/1 bathroom907 Rankin Street 5 bedroom/2 bathroomAll properties are located within the City of Wilmington. Each tenant pays all utilities and is to maintain the yard. Many leases are month to month. The properties are currently leased under area averages and annual income is $97200. 907 Rankin is set to be vacant. Properties are all located to near by public transportation. This is a great portfolio for a starter investor or to add to an existing investor inventory. There is room to expand the rental income and return on investment with minimal effort. Building price details: $997,000.
• Exterior Features

• Parking Type:

  Other

• Contact info
• Jeffrey Hovis

  Intracoastal Realty Corp
• Note

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