1101 Emory Street, Wilmington, NC 28405 (MLS # 100518138)

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PRICE $2,750,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE n/a

11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes"”all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward. This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026. Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independence Blvd extension, this area is poised for continued growth"”making this a strategic, cash-flowing opportunity in one of Wilmington's fastest-growing pockets. Rent roll and Section 8 docs available upon request.

DAYS ON MARKET 2 LAST UPDATED 7/9/2025
TRACT Creekwood YEAR BUILT 1971
COUNTY New Hanover STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Freeman
Jr. High School Holly Shelter
High School New Hanover


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
CONSTRUCTION Brick Veneer
HEAT Electric, Heat Pump
LOT DIMENSIONS 0
PARKING See Remarks
POOL Yes
POOL DESCRIPTION See Remarks
STORIES 1
SUBDIVISION Creekwood
UTILITIES Sewer Available, Water Available
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with East Atlantic Realty LLC

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