0 Nixon St

Wilmington, NC 28401

Price $2,390,000
Beds 36
Baths 12.00
Sq.Ft. 0
Acres 0.7
Year 1988
DOM 195 Days

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Wilmington
Downtown
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28401
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0 Nixon St, Wilmington, NC 28401

Price $2,390,000
Beds 36
Baths 12.00
Sq.Ft. 0
Acres 0.7
Year 1988
Days 195

Save
Social

Status: Under Contract

Presenting 605, 607 And 609 Nixon St. In Downtown Wilmington, Consisting Of 12 Units Across Three Qu adruplex Condominiums On +/- .70 Acres. Each Unit Contains Three Bedrooms And One Full Bath, Plus Recent Renovations Including Granite Counter Tops In The Kitchens And Bathrooms, Laminate Flooring Throughout And Tile Flooring In The Bathrooms. The Downstairs Units Feature Fenced Patios With Outdoor Storage Closets While The Upstairs Units Have Covered Balconies With Outdoor Storage Closets. Rents On Five Of The Units Are Subsidized With Housing Vouchers Through The Wilmington Housing Authority. The Housing Authority Recently Approved A Currently Vacant Unit For An 18% Rent Increase, The Seller Is In The Process Of Having Three Others Approved At The Same Rate. The Opportunity For Future Similar Increases On The Remaining Units At Lease Renewal And Turnover Provides A Generous Value Add. The Tenants Are Responsible For Electric, Water, Sewer And Cable.the Property Is Located Adjacent To The Popular Brooklyn Arts District In Downtown Wilmington, Nc. The Immediate Area Offers Access To Public Parks, Medical Care, Pharmacy, Transportation, Restaurants And Entertainment. The Wilmington Msa Is One Of The Fastest Growing In North Carolina--encompassing New Hanover, Brunswick And Pender Counties. Demand For Affordable Housing Is Outpacing Supply By A Wide Margin Throughout The Region, Supporting This Offering As A Durable Investment.

Home Details

0 Nixon St Wilmington, NC 28401

Status Under Contract
MLS® # 100443909
Price $2,390,000
Listed Date 05-10-2024
Bedrooms 36
Bathrooms 12.00
Acres 0.7
Year Built 1988
Type Quadruplex

Property History

Date
Details Price Reduced (from $2,390,000)
Price $2,390,000
Change 0 ($0.00%)

Community Information For 0 Nixon St Wilmington, NC 28401

Address 0 Nixon St
Subdivision Downtown
City Wilmington
County New Hanover
State NC
Zip Code 28401

Amenities For 0 Nixon St Wilmington, NC 28401

Garages 0.00

Interior

Heating 0

Exterior

Construction Pending

Additional Information

Date Listed May 10th, 2024

Listing Details

Listing Office Nest Realty

Financials

$/SqFt $0

Description Of 0 Nixon St Wilmington, NC 28401

Presenting 605, 607 And 609 Nixon St. In Downtown Wilmington, Consisting Of 12 Units Across Three Quadruplex Condominiums On +/- .70 Acres. Each Unit Contains Three Bedrooms And One Full Bath, Plus Recent Renovations Including Granite Counter Tops In The Kitchens And Bathrooms, Laminate Flooring Throughout And Tile Flooring In The Bathrooms. The Downstairs Units Feature Fenced Patios With Outdoor Storage Closets While The Upstairs Units Have Covered Balconies With Outdoor Storage Closets. Rents On Five Of The Units Are Subsidized With Housing Vouchers Through The Wilmington Housing Authority. The Housing Authority Recently Approved A Currently Vacant Unit For An 18% Rent Increase, The Seller Is In The Process Of Having Three Others Approved At The Same Rate. The Opportunity For Future Similar Increases On The Remaining Units At Lease Renewal And Turnover Provides A Generous Value Add. The Tenants Are Responsible For Electric, Water, Sewer And Cable.the Property Is Located Adjacent To The Popular Brooklyn Arts District In Downtown Wilmington, Nc. The Immediate Area Offers Access To Public Parks, Medical Care, Pharmacy, Transportation, Restaurants And Entertainment. The Wilmington Msa Is One Of The Fastest Growing In North Carolina--encompassing New Hanover, Brunswick And Pender Counties. Demand For Affordable Housing Is Outpacing Supply By A Wide Margin Throughout The Region, Supporting This Offering As A Durable Investment.

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Home details on 0 Nixon St Wilmington, NC 28401:

This beautiful 36 beds 12.00 baths home is located at 0 Nixon St Wilmington, NC 28401 and listed at $2,390,000 with sqft of living space.

0 Nixon St was built in 1988 and sits on a 0.7 acre lot.

If you’d like to request more information on 0 Nixon St please contact us to assist you with your real estate needs. To find similar homes like 0 Nixon St simply scroll down or you can find other homes for sale in Wilmington, the neighborhood of Downtown or in 28401. By clicking the highlighted links you will be able to find more homes similar to 0 Nixon St. Please feel free to reach out to us at any time for help and thank you for using the uphomes website!

Home Details

0 Nixon St Wilmington, NC 28401

Status Under Contract
MLS® # 100443909
Price $2,390,000
Listed Date 05-10-2024
Bedrooms 36
Bathrooms 12.00
Acres 0.7
Year Built 1988
Type Quadruplex

Property History

Date
Details Price Reduced (from $2,390,000)
Price $2,390,000
Change 0 ($0.00%)

Community Information For 0 Nixon St Wilmington, NC 28401

Address 0 Nixon St
Subdivision Downtown
City Wilmington
County New Hanover
State NC
Zip Code 28401

Amenities For 0 Nixon St Wilmington, NC 28401

Garages 0.00

Interior

Heating 0

Exterior

Construction Pending

Additional Information

Date Listed May 10th, 2024

Listing Details

Listing Office Nest Realty

Financials

$/SqFt $0

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Wilmington, NC 28401

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8 Bed 9 Bath 6,290 Sqft

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0 Nixon St

0 Nixon St, Wilmington, NC 28401

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0 Nixon St Wilmington, NC 28401

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Community Information For 0 Nixon St Wilmington, NC 28401

Amenities For 0 Nixon St Wilmington, NC 28401

Interior

Exterior

Additional Information

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Description Of 0 Nixon St Wilmington, NC 28401

Interested in 0 Nixon St Wilmington, NC 28401 ?

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0 Nixon St Wilmington, NC 28401

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Community Information For 0 Nixon St Wilmington, NC 28401

Amenities For 0 Nixon St Wilmington, NC 28401

Interior

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0 Nixon St Wilmington, NC 28401

MLS® #: 100443909

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