For Sale, USD 399,000
106 N Water Street #907, Wilmington, North Carolina, United States
Property Type : Townhouse
Property Style : Townhouse
Build Size : N/A
Land Size : N/A
Bedroom : 1
Bathroom : 1
Half Bathroom : 0
MLS#: N/A
Property Description
TOP-FLOOR, turnkey investment opportunity in one of downtown Wilmington's premier riverfront condo buildings. Unit 907 is a fully furnished 1BR/1BA with 585 sq. ft., large enclosed balcony, and unobstructed Cape Fear River views. The property boasts an outstanding rental history (over $35K gross rental income in 2024) with proven demand across short-, medium-, and long-term stays.Key upgrades include a remodeled kitchen and bath plus a new HVAC installed in May 2024. Unlike many comparable units, this condo features a full kitchen, making it attractive to extended-stay tenants such as traveling professionals. HOA permits short-term rentals, a rare distinction in the Historic District, broadening income potential.Property is offered fully furnished and stocked, allowing for immediate income generation. Located on the 9th floor, residents enjoy quiet separation from downtown street activity and some of the best sunset views in Wilmington. Strong guest reviews consistently highlight comfort, views, and location.Ideal for investors seeking a proven, flexible income stream, or for buyers wanting a second home with offsetting rental revenue. Contact listing agent for showing instructions, as unit is frequently occupied.
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106 N Water Street #907, United States,North Carolina,Wilmington is a Wilmington luxury Townhouse listed for sale USD 399,000. This high end Wilmington Townhouse is comprised of 1 bedrooms and 1 baths. Find more luxury properties in Wilmington or search for luxury properties for sale in Wilmington.