Turnkey 9-unit residential portfolio offered with roughly two additional contiguous acres of adjacent land in a prime infill location - total acreage of site is 4.36 ac. Fully leased and well-maintained, this stabilized income-producing asset presents both immediate cash flow and long-term upside. The property features a mix of unit types, some with garages, and sits within a strong rental submarket. The additional acreage offers excellent development potential for expansion, subdivision, or future redevelopment. A rare opportunity to acquire both rental income and infill land in a single package.
Seller's are listing brokers and licensed NC Real Estate Brokers.
Property Type(s):
Single Family
Last Updated
|
6/12/2025
|
Tract
|
Not In Subdivision
|
Year Built
|
2002
|
Garage Spaces
|
6.0
|
County
|
New Hanover
|
SCHOOLS
Elementary School |
Holly Tree |
Jr. High School |
Roland Grise |
High School |
Hoggard |
Additional Details
AIR |
Central Air |
AIR CONDITIONING |
Yes |
CONSTRUCTION |
Brick, Vinyl Siding |
GARAGE |
Yes |
HEAT |
Forced Air |
LOT |
4.36 acre(s) |
LOT DIMENSIONS |
irregular |
PARKING |
Additional Parking, Concrete |
SEWER |
Public Sewer |
STORIES |
2 |
SUBDIVISION |
Not In Subdivision |
UTILITIES |
Sewer Connected, Water Connected |
WATER |
Public |
Location
Listed with Cadence Realty Corporation
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