620 South 13th Street

Wilmington, NC 28401

$785,450
Price
7
Beds
5
Baths
3,031 Sq. Ft.
$259 / Sq. Ft.
3,031
Sq. Ft.
$259
per Sq. Ft.

Description

Three single home property rental portfolio located near downtown Wilmington. There is a 3 bedroom/2 bath, 2 Bedroom/2 bath and a 2 Bedroom/1 baht in this portfolio. Currently a 100% occupied at an annual rent of $49,200. This is an opportunity to invest and improved to increase rental income for profit from remarketing.Three single home property rental portfolio located near downtown Wilmington. There is a 3 bedroom/2 bath, 2 Bedroom/2 bath and a 2 Bedroom/1 baht in this portfolio. Currently a 100% occupied at an annual rent of $49,200. This is an opportunity to invest and improved to increase rental income for profit from remarketing.
  1. Listed by Jeffrey G Hovis • Intracoastal Realty Corp
  2. Listed by Sky Grainger • Intracoastal Realty Corp

Property Details for 620 South 13th Street

Parking Features
Other, On Street
Subdivision Name
Other
Zoning
R-5
Parking Total
.00
Waterfront
No
LISTING UPDATED: 10/14/2024 05:20 AM

Property Details for 620 South 13th Street

StatusActive
MLS #100445465
Days on Market188
Taxes$2,702 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Triplex
Year Built1938
Lot Size0.28 AC / 12,023 SF
CountyNew Hanover County

Building Information for 620 South 13th Street

Stories1Residences-Year Built1938Building Size-Lot Size0.28 AC / 12,023 SF

Property Information for 620 South 13th Street

Summary
Location and General Information
  • City: Wilmington
  • State Or Province: NC
  • Postal Code: 28401
  • County Or Parish: New Hanover
  • Directions: Heading towards Downtown Wilmington, take Oleander Drive to Wooster Street. Take a right on S 13th St. 620 S 13th St will be on your left.
  • Latitude: 34.23
  • Longitude: -77.93
  • Number Of Units In Community: 3
  • City Limits: Yes
  • Secondary Subdivision: N/A
  • Property Exterior Interior Info: Waterfront: No
  • Building Info: Waterview: No
  • Property Exterior Interior Info: Location Type: Mainland
  • Legal and Taxes: Zoning Details: R-5
Taxes and HOA
  • Tax Other Assessment Amount Frequency: None
  • Association Fee: $.00
  • Tax Legal Description: Ne PT 6 Wilmington Blk 84 See documents section
  • Tax Book Number: 0
  • Tax Map Number: R05410-008-017-000
  • Tax Year: 2023
  • Tax Assessed Value: $415,250.00
  • Parcel Number: R05410-008-017-000
  • Tax Block: 0
  • Association: No
  • Tax Annual Amount: $2,702.00
  • Legal and Taxes: HOA: No
  • Legal and Taxes: Cobra Zone: No
  • Legal and Taxes: Deed Book: 5123
  • Legal and Taxes: Deed Page: 677.0
  • Legal and Taxes: Legal: Ne PT 6 Wilmington Blk 84 See documents section
  • Legal and Taxes: PID: R05410-008-017-000
  • Legal and Taxes: Plat Book: 0
  • Legal and Taxes: Plat Page: 0
  • Legal and Taxes: Tax Assessed Value: $415,250.00
  • Legal and Taxes: Total Real Estate Property Taxes: $2,702.00
  • Legal and Taxes: Tax Year: 2023
  • HOA Amenities: Access Only: Yes
Parking
  • Carport Spaces: .00
  • Attached Garage: No
  • Attached Garage Spaces: .00
  • Detached Garage Spaces: .00
  • Total Carport Spaces: .00
  • Parking Driveway: Street Only: Yes
School Information
  • Middle Or Junior School: Williston
  • High School: New Hanover
  • Elementary School: Alderman Elementary School
Property
Lot Information
  • Lot Features: See Remarks
  • Lot Size Units: Acres
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Dimensions: Multiple Site
  • Building Area Total: 3031.0
  • Lot Size Square Feet: 12023.0
  • Property Exterior Interior Info: Lot Dimensions: Multiple Site
  • Property Exterior Interior Info: Lot Acres: 0.28
  • Property Exterior Interior Info: Lot Sq Ft: 12023.0
  • Side Unit 1: Avg Sq Ft: 1137.0
  • Side Unit 2: Avg Sq Ft: 1012.0
  • Side Unit 3: Avg Sq Ft: 882.0
Property and Assessments
  • Structure Type: Wood Frame
  • New Construction: No
  • Year Built: 1938
  • Legal and Taxes: Special Assessments: None
  • Construction: Wood Frame: Yes
  • Foundation: Crawl Space: Yes
Utilities
  • Sewer: Municipal Sewer
  • Utilities: Water Connected, Sewer Connected
  • Water Source: Municipal Water
  • Service Providers: Electric Provider: Duke Progress Energy
  • Service Providers: Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers: Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer: Yes
  • Utilities: Municipal Water: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 1
  • Stories Levels: One: Yes
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Fencing: Back Yard
  • Accessibility Features: None
  • Exterior Features: None
  • Patio And Porch Features: Porch
  • Exterior Finish: Vinyl Siding: Yes
  • Fuel Tank: None: Yes
  • Porch Balcony Deck: Porch: Yes
Interior Features
  • Levels: One
  • Flooring: LVT/LVP, Tile, Wood
  • Interior Features: Master Downstairs, Ceiling Fan(s)
  • Basement: Crawl Space, None
  • Cooling: Central Air
  • Fireplace Features: None
  • Heating: Heat Pump, Electric, Forced Air, Natural Gas
  • Laundry Features: Hookup - Dryer, Washer Hookup
  • Appliances: Stove/Oven - Electric, Refrigerator
  • Bathrooms Total Integer: 5
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Notational: 5.00
  • Cooling: Yes
  • Heating: Yes
  • Fireplace: No
  • Bedrooms Total: 7
  • # Baths - Total: 5.00
  • Handicap Accessible: None: Yes
  • Flooring: L V T L V P: Yes
  • Flooring: Tile: Yes
  • Flooring: Wood: Yes
  • Cooling System: Central: Yes
  • Heating System: Electric: Yes
  • Heating System: Natural Gas: Yes
  • Appliances Equip: Refrigerator: Yes
  • Interior Features: 1st Floor Master: Yes
Mobile Home
Mobile/Manufactured Home
  • Park Manager Name: No
Multi Family
Multi-Family Information
  • Income Property: Yes
  • # Total Units: 3.00
Income & Expenses Information
  • Gross Income: $49,200.00
Unit 1
  • Total Rooms: 5
  • # of Bedrooms: 3
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: No
  • Rent: $1,600.00
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Cooling: Central2: Yes
  • Heating: Forced Air: Yes
  • Heating: Heat Pump: Yes
  • Rent Frequencys: Monthly: Yes
  • Owner Pays: None43: Yes
Unit 2
  • Total Rooms: 4
  • # of Bedrooms: 2
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: No
  • Rent: $1,500.00
  • Occupied: Yes
  • Features: W D Hookup: Yes
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Cooling: Central: Yes
  • Heating: Forced Air: Yes
  • Rent Frequencys: Monthly: Yes
Unit 3
  • Total Rooms: 4
  • # of Bedrooms: 2
  • Full Baths: 1
  • Half Baths: 0
  • Furnished: No
  • Rent: $1,000.00
  • Occupied: Yes
  • Features: Living Room: Yes
  • Features: W D Hookup: Yes
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Cooling: Central: Yes
  • Cooling: See Remarks: Yes
  • Heating: Forced Air: Yes
Unit 4
  • Occupied: Yes
  • Features: Living Room: Yes
Rental
Rental Information
  • Side Unit 2 Rent Frequency: Monthly: Yes
  • Property Exterior Interior Info: Pets: Possible
  • Lease Terms: Other: Yes

Property History for 620 South 13th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 620 South 13th Street

Taxable ValueLand$46,500Additions$74,000Total$120,500
Tax Record2024$1,048 ($87 / month)
Home Facts
Beds2Baths1Total Finished SqFt916 SqFtAbove Grade Finished SqFt916 SqFtStories1Lot Size3,267 SqFtStyleSingle Family ResidenceYear Built1938Year Renovated2007ZoningR-5,RESIDENTICountyNEW HANOVERAPNR05410-008-017-000

Schools near 620 South 13th Street

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Forest Hills Elementary
PublicK to 5

Williston Middle
Public6 to 8

John T Hoggard High
Public9 to 12

The International School at Gregory
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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620 South 13th Street is a multi-family home for sale in Wilmington, NC 28401. This property was listed for sale on May 20, 2024 by Intracoastal Realty Corp, it's currently listed at $785,450. It has been on the market for a total of 188 days and was last sold on December 27, 2006. This listing's school district is New Hanover County School District. Nearby schools include Forest Hills Elementary, Williston Middle and John T Hoggard High. 620 South 13th Street is a 7-bed, 5-bath, 3,031 sqft multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Intracoastal Realty Corp

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 10/14/2024 05:20 AM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 Hive MLS