145 Lullwater Drive Unit 1-24

Wilmington, NC 28403
Square Ft.
13,320
$3,550,000
Twenty-four (24) unit multi-family investment property ideally located near UNCW, shopping, local businesses, downtown, and area beaches. This income-producing asset features a well-balanced unit mix of sixteen (16) one-bedroom/1.5-bath units and eight (8) two-bedroom/2-bath units. The property currently generates approximately $309,000 in annual rental income, with the potential toRead MoreRead Less
Courtesy of Jeffrey G Hovis, Intracoastal Realty Corp
Listing Snapshot
Days Online
1
Last Updated
Property Type
Multi Family
Square Ft.
13,320
Lot Size
1.4 Acres
Year Built
1997
MLS Number
100569678
30 Days Snapshot Of 28403
$522k
-6%
(avg) sold price
22
-26%
homes sold
85
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: "City Street", "State Road", "2 - 3 Lanes", "Paved", Road surface type: "Paved"
Basement
"None"
Building
Built in 1997, Construction materials: "Vinyl Siding", "Wood Frame", Structure type: "Wood Frame", Toal building area: 13320
Cooling
"Wall/Window Unit(s)"
Expenses
Insurance: $18,572
Floors
"Carpet", "Vinyl"
Water Features
"None"
Heating
"Other", "Electric"
Home Owner's Association
Association amenities: "See Remarks"
Income
Gross income: $308,000, Net operating income: $230,287
Lot
1.4 acres, 60,810 sqft, "See Remarks"
Parking
34 total parkings, "Parking Lot", "Off Street", "Paved"
Property
Frontage type: "See Remarks", Zoning: MD-17
Roof
"Shingle"
Taxes
Year: 2025
Utilities
"Electricity Connected", "Sewer Connected2", "Water Connected3"
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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 . 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 Intracoastal Realty Corp 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.