This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/44
2617 Market Street, Wilmington, NC 28401
$799,000
2617 Market Street, Wilmington, NC 28401View this property at 2617 Market Street, Wilmington, NC 28401
2617 Market StreetWilmingtonNC28401
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/44
Property Description
Explore a unique investment opportunity in historic Wilmington mid-19th century properties. Nestled in the prime downtown district of one of the city's top 10 high-appreciating neighborhoods, these iconic buildings offer a blend of vintage charm and modern potential. This multifamily building is part of portfolio consisting of Mixed use Multifamily building as well listed separately promises a lucrative venture in a thriving location, combining history with strategic commercial opportunities. -Located in well-established neighborhoods within Downtown Wilmington - Close proximity to the lively Cape Fear River, attracting a steady flow of tourists -Convenient access to major business corridors, including Hwy 17 and Hwy 74 - Situated in the Historic Districts, offering a unique and historically rich investment opportunity -Corner lot property provides an opportunity for land redevelopment for alternative uses. 1-Unit in each Property is left vacant for Owner Occupancy or for potential Airbnb/Rentals. - Two properties in the portfolio comprising a total of 8 residential units and 2 commercial unit(combined into 1) PROPERTIES ARE SOLD TOGETHER see 317 Castle St listing for other property
Full Property Details
Full Property Details for 2617 Market St
General
- Price: $799,000
- Taxes: $4,773
- Status: Active
- Type: Apartment
- MLS ID: 10008535
- Updated: 4/6/2024
- Added to Site: 91 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, Laminate Counters, Living/Dining Room Combination
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Decorative
- Appliances: Dryer, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Washer/Dryer, Washer/Dryer Stacked
- Flooring: Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Kitchen
Additional Information
- Shared Amenities: None
- Spa Description: None
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Deck
Parking
- Parking Features: On Street, Unassigned
Location
- County: New Hanover
- Subdivision: Not in a Subdivision
- City Limits: Yes
School Information
- Elementary School: New Hanover County Schools
- Middle School: New Hanover County Schools
- High School: New Hanover County Schools
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air, Electric
- Heating Type: Electric, Forced Air, Separate Meters
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected
Structural Information
- Architectural Style: A-Frame
- Structure Type: Multi Family
- Exterior Const.: Vinyl Siding
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 4406
- Square Feet: 4,406
- Finished Above Grnd: 4,406 Sq. Ft.
- Year Built: 1965
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.37
- Lot Size (Sq. Ft.): 16,117.2
- Lot Dimensions: see ta x records
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Fence: Yes
- Lot Features: City Lot
- Zoning: R 10
- Fencing (Description): None
Financial Considerations
- Tax Amount: $4,773
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Seller Licensed Real Estate Professional
- Property ID: R04820005005000
- Lot Number: 1
Listed by REIT Place, llc, Traci Hall (919) 263-9340
Get Pre-Approved Today
Schools
Schools serving 2617 Market St
School District:New Hanover County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2601 Princess Place Dr, Wilmington, NC 28405 | K-5 | 0.4 mi | |
401 S 10th St, Wilmington, NC 28401 | 6-8 | 1.4 mi | |
1307 Market St, Wilmington, NC 28401 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2617 Market St
Date
Details
Price
Change
Source
4/06/2024
Price Reduced
$799,000
-11.12%
MLS
1/31/2024
Price Reduced
$899,000
-48.63%
MLS
1/28/2024
Listed
$1,750,000
219.93%
MLS
1/14/2020
Sold
$547,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2617 Market St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,773
4%
$564,900
5%
2021
$4,599
-4%
$537,400
-5%
2022
$4,802
4%
$564,900
76%
2021
$4,599
36%
$321,800
—
2019
$3,390
—
$321,800
—
2017
$3,390
7%
$321,800
12%
2016
$3,182
5%
$287,200
—
2015
$3,041
5%
$287,200
—
2013
$2,883
—
$287,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2617 Market St
2617 Market Street, Wilmington, NC 28401 (MLS# 10008535) is a Apartment property with 5 bedrooms and 5 full bathrooms. 2617 Market Street is currently listed for $799,000 and was received on January 28, 2024. Want to learn more about 2617 Market Street? Do you have questions about finding other Apartment real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.