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.
Sold for $679,900 on 12/11/24
$679,900
811 Gerdes Alley, Wilmington, NC 28401
8beds
4baths
2,488sqft
Quadruplex
Built in 1985
-- sqft lot
$669,700 Zestimate®
$273/sqft
$1,695 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 11, 2024 at 01:39pm
Listed by:
Cedric S Robinson 910-233-0040,
RE/MAX Executive,
Angie M Robinson 910-232-6500,
RE/MAX Executive
Bought with:
Jennifer Richardson Real Estate
Berkshire Hathaway HomeServices Carolina Premier Properties
Jennifer Richardson, 302135
Berkshire Hathaway HomeServices Carolina Premier Properties
Source: Hive MLS,MLS#: 100470498
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Furnace, Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: In Kitchen
Features
- Master Downstairs
- Flooring: Concrete, Tile
- Basement: None
- Attic: Access Only
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,488
- Total interior livable area: 2,488 sqft
Property
Parking
- Parking features: On Site
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: 1st Floor
- Patio & porch: None
- Pool features: None
- Fencing: Back Yard
- Waterfront features: None
Lot
- Size: 0.29 Acres
Details
- Parcel number: R05410019023000
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1985
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Downtown
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$669,700
2% more+$13,394
With Zillow Showcase(estimated)$683,094