462 Racine Drive 3 Units

3 Unit Apartment Building | $427,000 ($142,333/Unit) | 5.98% Cap Rate | Wilmington, NC 28403

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $427,000

Property Type
Multifamily
Square Feet
50,000 SF

Listing Contacts

Jeff Hovis
Jeff Hovis
Verified Profile
Sky Grainger
Verified Profile
  • Property Info

Property Overview

Three Condominium property portfolio that has 6 individual tenants. Each Condo-unit has two bedrooms, two bathroom and shares a common area kitchen-dining space. Each unit has it own entrance. Currently on-site management is in place and buyer has the opens to self-manage. Property has onsite laundry, pool and picnic areas. Close to UNCW, businesses, services, shopping and so much more....

Property Details

Class
C
Year Built
1984
Stories
2
Property Subtype
Dormitory
Units
3

Highlights

  • Located close to University

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