407 Red Cross St, Wilmington, NC 28401
- Beds
- 6
- Baths
- 4
- Sqft
- 3,301
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Overview
This four-unit income-producing property is ideally located in the Historic Mixed-Use District of downtown Wilmington, just blocks from the Riverwalk and within close proximity to shopping, dining, entertainment, and local businesses.
The fully leased building features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, providing steady rental income. With strong occupancy already in place, this property presents an excellent investment opportunity.
There is significant upside potential for increased returns through strategic upgrades and improvements, making it an ideal option for investors looking to add value in a prime downtown location.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Number of bedrooms
- 6
- Number of bathrooms
- 4
- Square feet
- 3,301
- Lot size (acres)
- 0.12
- Year built
- 1920
Interior features
- Laundry
- Washer Hookup
Utilities
- Heating
- Forced Air, Electric
- Cooling
- Central Air
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $1,297.65
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: HIVE MLS (NC & GA) Includes Albemarle Area Assoc., Brunswick County Assoc., Cape Fear MLS, Crystal Coast MLS, Coastal Plains Assoc., Goldsboro Wayne County Assoc., Jacksonville Board, Johnston County Assoc., Neuse River Region Assoc., Mid Carolina Regional MLS, ORANGE CHATHAM Assoc., Rocky Mount Area Assoc., Topsail Island Assoc., Washington Beaufort County Board, Wilson Board, Savannah Multi-List Corp., Athens Area Assoc., Classic MLS and REALTORS® of Greater Augusta MLS®#: 100563459 Last checked: …
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