811 Gerdes ALY

Wilmington,NC 28401

$ 699000

8 Beds

4 Baths

2488 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,488 sqft

Price per Sqft $280

Subdivision Downtown

MLS Listing ID 100470498

Style Wood Frame

Bedrooms 8

HOA Y/N No

Originating Board North Carolina Regional MLS

Year Built 1985

Annual Tax Amount $3,182

Lot Size 0.292 Acres

Acres 0.29

Lot Dimensions irreguler

Property Description

Exceptional Investment Opportunity in Downtown Wilmington!
Unlock the potential of 805, 807, 809, and 811 Gerdes Alley! This property features two duplex buildings with a total of four updated 2-bedroom, 1-bathroom units—perfectly situated in the vibrant heart of Wilmington.

Property Highlights:

Four Modern Units: Each thoughtfully updated for comfort and style
Convenient Amenities: All units include a washer/dryer and dedicated storage room
Off-Street Parking: Ensures ease of access for residents and guests
Expansion Potential: Opportunity to add additional units for increased income!
Whether you're a seasoned investor or looking to start your portfolio, this property offers a fantastic return in a desirable location.

Location

State NC

County New Hanover

Community Downtown

Zoning R-3

Direction From Wooster Street, take a left on Gerdes Alley, from Castle Street toward Queen Street, take a right on Gerdes Alley, units are on the Right.

Rooms

Basement None

Interior

Interior Features Master Downstairs

Heating Wall Furnace,Electric

Cooling Wall/Window Unit(s)

Flooring Concrete,Tile

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Laundry In Kitchen

Exterior

Garage On Site

Pool None

Waterfront No

Waterfront Description None

Roof Type Shingle

Accessibility None

Porch None

Building

Story 1

Entry Level One

Foundation Slab

New Construction No

Schools

Elementary Schools Snipes

Middle Schools Williston

High Schools Hoggard

Others

Tax ID R05410-019-023-000

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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