533 Manly Avenue, Wilmington, NC 28405

$2,064,000
960
SqFt
List Price
$2,064,000
Status
PENDING
MLS#
100328843
Days on Market
45
Year Built
1997
Living Area
960
Acres
0.14
Neighborhood
Ridgecrest

Property Description

his is a 12 property single family portfolio throughout downtown Wilmington. Currently the total rents for 12 properties brings in a total of $200,400 a year and these rents can be increased. Great business plan to rent as is for a couple of years with a great return and then slowly make updates to the properties as they get more desirable and as more homes around them continue to be flipped increasing the value. At that time you can decide to sell or raise rents or flip the properties one by one depending on your investment goal. Most of the properties are on guarantee rent programs and is a direct deposit each month for easy management. Rent roll and additional information is in the document section. We can also provide any other information needed. The address consist of 1205 Queen, 1309 Glenn, 1315 Castle, 611 N 12th, 1102 Emory, 1111 N 30th, 2803 Spaulding, 514 Maides, 526 Manly, 533 Manly, 545 Manly.

Additional Information

Taxes
$961

Mortgage Calculator

Amount of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty.

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