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307 Harnett Street

Wilmington, NC 28401
  • $1,300,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 100295797
$1,300,000
  • 8
    BEDS
  • 0.2
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Investors take note! Beautifully remodeled Quadraplex within a few blocks from the new Live Nation Riverfront Amphitheater in Wilmington. Great income potential as a short term rental machine (not restricted per CBD zoning) or a more hands off approach with long term residential rentals or offices. The blend of historic charm and modern amenities will contribute toward maximizing profits. Three units have just been updated with refinished hardwood flooring, granite countertops, new cabinets and vanities, stainless steel appliances. The building previously underwent full renovation and addition, all to commercial construction standards, including all separately metered utilities. Each of the four 2 bedroom 1 bath units feature oversized windows for lots of natural light, private rear entrances, spacious bedrooms, ample closet space, off street parking, and a laundry room. Tenants can enjoy the shaded porches on both sides as well as the private back yard. CBD zoning and rear lot space allow for potential to double the unit count and still keep off street parking. Buyer to confirm. Just out back is the 1898 memorial park, which makes a great neighbor. Additionally this location offers incredible walk-ability to some of Downtown Wilmington's best attractions including; Cape Fear Community College, PPD corporate headquarters, Live Oak Bank Pavilion, The Wilson Center, the Brooklyn arts district (a vibrant and growing area with restaurants, shopping, bars, and music), the Port City Marina, the Wilmington Downtown Riverfront, and much more. The history of this area is as fascinating as its' future is bright. Here is your chance to own a solid income generator in the heart of one of the most exciting continuous urban transformations in America.

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© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-11-30T23:57:22.623.
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307 Harnett Street Wilmington, NC 28401

  • Price: $1,300,000
  • Status: Active
  • On Site: 41 Days
  • MLS #: 100295797
8
Beds
4
Baths
0
½ Baths
0.2
Acres
1920
Built
Neighborhood:
Not In Subdivision
County:
New Hanover
Area:
Wilmington
Elementary School:
Snipes
Middle School:
Williston
High School:
New Hanover
Property Description
Investors take note! Beautifully remodeled Quadraplex within a few blocks from the new Live Nation Riverfront Amphitheater in Wilmington. Great income potential as a short term rental machine (not restricted per CBD zoning) or a more hands off approach with long term residential rentals or offices. The blend of historic charm and modern amenities will contribute toward maximizing profits. Three units have just been updated with refinished hardwood flooring, granite countertops, new cabinets and vanities, stainless steel appliances. The building previously underwent full renovation and addition, all to commercial construction standards, including all separately metered utilities. Each of the four 2 bedroom 1 bath units feature oversized windows for lots of natural light, private rear entrances, spacious bedrooms, ample closet space, off street parking, and a laundry room. Tenants can enjoy the shaded porches on both sides as well as the private back yard. CBD zoning and rear lot space allow for potential to double the unit count and still keep off street parking. Buyer to confirm. Just out back is the 1898 memorial park, which makes a great neighbor. Additionally this location offers incredible walk-ability to some of Downtown Wilmington's best attractions including; Cape Fear Community College, PPD corporate headquarters, Live Oak Bank Pavilion, The Wilson Center, the Brooklyn arts district (a vibrant and growing area with restaurants, shopping, bars, and music), the Port City Marina, the Wilmington Downtown Riverfront, and much more. The history of this area is as fascinating as its' future is bright. Here is your chance to own a solid income generator in the heart of one of the most exciting continuous urban transformations in America.
Exterior Features

Attached Garage Spaces 0.00 Construction Wood Frame Detached Garage Spac 0.00 Exterior Features None Exterior Finish Vinyl Siding Fencing Chain LinkPartialRear OnlyWood Foundation Crawl Space Location Type Mainland Lot Dimensions 48 X 194 X 43 X 186 Lot Sq Ft 8930.00 Lot Water Features None Parking Driveway Off StreetOn SiteSharedUnpaved Pool Spa None Porch Balcony Deck CoveredDeckPorch Road Type Frontage PavedPublic (City/Cty/St) Roof Architectural Shingle Total Carport Spaces 0.00 Waterfront No Waterview No

Interior Features

1 Bedroom Cooling Central 1 Bedroom Heating Electric 1 Bedroom Units Avg Sqft 960 1 Bedroom Units Full Baths 1 1 Bedroom Units Half Baths 0 1 Bedroom Units Total Rooms 4 2 Bedroom Cooling Central 2 Bedroom Heating Electric 2 Bedroom Units Avg Sqft 1169 2 Bedroom Units Full Baths 1 2 Bedroom Units Half Baths 0 2 Bedroom Units Total Rooms 5 3 Bedroom Cooling Central 3 Bedroom Heating Electric 3 Bedroom Units Avg Sqft 1169 3 Bedroom Units Full Baths 1 3 Bedroom Units Half Baths 0 3 Bedroom Units Total Rooms 5 Appliances Equipment DryerIce MakerMicrowave - Built-InRefrigeratorStove/Oven - ElectricWasher Attic Access Only Basement None Cooling System Central Dining Room Type Combination Efficiency Apartment Avg Sqft 960 Efficiency Apartment Full Baths 1 Efficiency Apartment Half Baths 0 Efficiency Apartment Rent 0.00 Efficiency Apartment Total Rooms 4 Efficiency Heating Electric Fireplace None Flooring CarpetWood Heating System Heat Pump Interior Features 9Ft+ CeilingsBlinds/ShadesCeiling - VaultedSmoke Detectors Laundry Location Closet Stories Levels 1st Floor2Nd Floor Water Heater Electric

Property Features

1 Bedroom Rent Freq Other 1 Bedroom Units Occupied No 1 Bedroom Units Rent 0.00 2 Bedroom Rent Freq Other 2 Bedroom Units Occupied No 2 Bedroom Units Rent 0.00 3 Bedroom Rent Freq Other 3 Bedroom Units Occupied No 3 Bedroom Units Rent 0.00 Auction No City Limits Yes Cobra Zone No Efficiency Apartment Occupied Yes Efficiency Rent Freq Other Electric Provider Duke Progress Energy Financials Available No Fuel Tank None Hoa And Neighborhood Amenities No Amenities Hoa YN No Multifamily Sub Type Quadruplex New Construction No Possession At ClosingSubject To Tenant Rights Property Management Company No Property Taxes 1301.48 Secondary Subdivision N/A Sewer Provider Cape Fear Public Utility Authority Stipulation Of Sale None Tax Year 2021 Water Provider Cape Fear Public Utility Authority Water Sewer Municipal SewerMunicipal Water Zoning Cbd



Listing information © 2021 NCRMLS
Listing provided courtesy of Kenneth T Fisher of Re/Max Essential.


© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-11-30T23:57:22.623.
 
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